ERROR 1
ERROR 1
ERROR 2
ERROR 2
ERROR 2
ERROR 2
ERROR 2
Password and Confirm password must match.
If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)
ERROR 2
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.
Thailand’s Indorama Ventures is buying Wellman International, Europe’s largest polyethylene terephthalate (PET) recycler, from German private equity firm Aurelius for about $58 million. Wellman runs an 80,000-metric-ton-per-year polyester fiber plant in Ireland, as well as plants that turn waste PET into polyester fiber in France and the Netherlands. Wellman International had 2010 sales of about $170 million. Aurelius bought Wellman International from the U.S. firm Wellman Inc. in 2007, shortly before the latter declared bankruptcy.
Join the conversation
Contact the reporter
Submit a Letter to the Editor for publication
Engage with us on Twitter