Acquired in 2012
Indorama Petrochemicals, formerly Polyprima is a purified terephthalic acid (PTA) facility. Currently, Indorama Ventures holds a 42% share along with another joint venture partner. Indonesia is rapidly becoming one of the largest polyester markets but currently dealing with a shortage of PTA supply.
Through Indorama Petrochemicals, we secure the PTA supplies for our Polyester plants in Indonesia and is positioned to benefit from Indonesia’s strong economic growth.