8 December 2014
PF Asia is a leading producer of
premium polyester tire cord fabric in Asia.
PF Asia plants are located in
Kaiping City, Guangdong province of China,
with an annual capacity of
* 41,000 MT of Polyester Tire Cord Fabric and
* 48,000 MT of Polyester Tire Cord Yarn.
PF Asia enjoys a 17% capacity share and
is the 2nd largest producer of
Polyester Tire Cord Fabrics in China.
DETAILS
Indorama Ventures Public Company Limited (“IVL”)
is pleased to announce the acquisition of
all Asian manufacturing operations of
Performance Fibers Asia (“PF Asia”)
and the right to continue using the name
IVL will make the acquisition of PF Asia
from an affiliate of Sun Capital Partners, Inc.
READ MORE FROM INDORAMA VENTURES
READ MORE FROM PERFORMANCE FIBERS
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