IVL and Toyobo to build airbag yarn plant in Thailand


Indorama Ventures has, through its subsidiary Indorama Polyester Industries (IPI), entered into a joint venture agreement with Toyobo to form a 50:50 joint venture limited liability company in Thailand to build a new plant at the IPI factory site in Rayong for the production of polyamide 66 airbag yarns.

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