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Indorama planning more US PET capacity

By: Frank EspositoBy: Gurdip Singh

BANGKOK (Nov. 16, 12:45 p.m. ET) — More PET resin capacity is headed to North America. Indorama Ventures Public Co. Ltd. plans to build a 1.2 billion-pound capacity plant at an undisclosed location in the U.S. The Bangkok-based firm’s board of directors approved the new plant Nov. 14.

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