Ref.No. IVL 005/08/2010

11 August 2010

President
The Stock Exchange of Thailand


Subject: Setting up of a Solid State Polymerization (SSP) Plant in Nigeria


IVL is pleased to announce that its subsidiary Indorama Polymers PCL (IRP)
will be setting up a 75,000 Mts. SSP plant at Port Harcourt, Nigeria through a
new wholly owned subsidiary.

This is the first PET investment of IVL in Africa and thus establishing its
foothold in the 450,000 Mts. PET market of Africa which currently has only one
PET producer.

The plant is expected to commercially start operation in Q3/2011.


Please be informed accordingly


Yours faithfully,




(Mr. Souvik Roy Chowdhury)
Company Secretary