Indo Rama Synthetics (India) has signed a memorandum of understanding (MOU) with Indorama Ventures PCL., Thailand on January 25, 2012, for setting up a Petrochemical Project in India for manufacturing of Purified Terephthalic Acid (PTA), Polyethylene Terephthalate (PET) and Polyester Staple Fiber (PSF).
Indo Rama Synthetics is India’s largest dedicated polyester manufacturer with an integrated manufacturing complex at Butibori near Nagpur, Maharashtra, with capacity of 6,10,050 tonnes per annum of polyester staple fibre , filment yarn, drae texturized yarn , fully drawn yarn and textile grade chips.