Acquisition and disposition of assets

Ref.No. IVL 001/08/2012

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10 August 2012


President
The Stock Exchange of Thailand


Subject: Completion of the Acquisition of PET Resin Assets in Indonesia


With reference to the disclosure made by Indorama Ventures Public Company
Limited ("IVL") on March 6, 2012 regarding the acquisition of PET resin assets
of PT. Polypet Karyapersada with a capacity of 100,800 tons per annum at
Cilegon, Indonesia, IVL is pleased to inform the completion of the said PET
resin assets acquisition through its wholly owned subsidiary, PT.Indorama
Polypet Indonesia on August 09, 2012.

The acquisition of these PET resin assets creates synergies including lowering
the cost of both plants through shared services and logistic savings due to it
being co-sited with our joint venture PTA plant, PT. Indorama Petrochemicals.


Please be informed accordingly



Yours faithfully,




(Mr. Souvik Roy Chowdhury)
Company Secretary
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