Indorama Ventures Corlu PET
Acquired in 2015
Indorama Ventures Corlu PET, formerly Polyplex Turkey, is a PET facility located in the European Free Zone in Corlu, northwest of Turkey near Istanbul within close proximity of biggest PET resin consumers in the region. The acquisition strengthens IVL’s leadership across Europe while broadening access, not only to traditional Northern European markets but also the emerging markets of Southeast Europe. Its products serves both MNCs and local brands in food and beverage, household, personal care, and other segments. In addition to bottle grade, Indorama Ventures Corlu PET also producing raw material for film applications.