Advertisement

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Business

Dow Venture Sells Polyester Facility

by Michael McCoy
April 12, 2010 | A version of this story appeared in Volume 88, Issue 15

Equipolymers has signed an agreement to sell its PET and terephthalic acid facilities in Ottana, Italy, to a joint venture between Ottana Energia and Indorama. Equipolymers, a joint venture between Dow Chemical and Petrochemical Industries of Kuwait, says it will continue to manufacture PET in Schkopau, Germany. Ottana Energia operates a power plant on the Italian site. Indorama is a Thai firm that in 2007 acquired two European PET plants from Eastman Chemical. Last year, Indorama opened a PET plant in Decatur, Ala.

Article:

This article has been sent to the following recipient:

0 /1 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.