In January 2011, IVL started with the first acquisition in China through Guangdong IVL PET Polymer in Kaiping City, Guangdong Province. In the same year:
IVL acquired the North American polymers assets of INVISTA in 2011. Auriga Polymers’ operations are in Spartanburg South Carolina with business unit and administrative offices in nearby Charlotte, North Carolina. The plant once belonged to Hoechst AG of Frankfurt, which also once owned Trevira in Germany.
Another part of the North American acquisition from INVISTA was the Queretaro complex, which was the first filament polyester manufacturing facility for the textile industry in Mexico.
IVL’s subsidiary – PT Indorama Polychem Indonesia set up a new 300,000 tonnes per annum Continuous Polymerization resin Plant in Purwakarta, Indonesia.
IVL announced the location of the Brownfield expansion of PET polymers production at the PET polymer plant in Poland under Indorama Polymers Poland S.p.z.o.o.
IVL board approved a Brownfield expansion of PTA production at the site of its existing plant, owned and operated by its subsidiary Indorama Holdings Rotterdam BV.
IVL acquired the Polyester Staple Fiber, Specialty Filament business of Trevira Holding GmbH of Germany having operations in Germany and Poland.
IVL invested in high quality bi-component yarns, FINNE at its recently acquired IVI plant (formerly SK Keris) in Tangerang, Indonesia, with capacity of 16,000 tons per annum.
IVL invested in bi-component fibers project for Hygiene Applications with capacity of 16,000 tons per annum in Thailand.
IVL acquired 100% stake in the recycle and fiber manufacturing businesses of Wellman International in Europe.