IVL Dhunseri Petrochem Industries is a joint venture between Indorama Ventures and Dhunseri Petrochem industries and is currently the second largest PET resin producer in India. IVL Dhunseri Petrochem Industries is the only company in Asia-Pacific using Melt To Resin (MTR) Technology from UHDE Inventa Fischer (UIF) to produce IV resin without SSP. In 2017, Micro Polypet Private Limited was merged with the company.