Indorama Ventures entered into Ethylene Oxide (EO) business, producing purified ethylene oxide (PEO) and glycols (MEG, DEG, and TEG) after acquiring Old World Industries in Clear Lake, Texas in April 2012. The business was renamed Indorama Ventures Oxide & Glycols, LLC (IVOG). This facility is one of the largest reactors in North America with low fixed-costs and excellent environmental and safety record.