Indo Rama Synthetics (India) has received approval from the Ministry of Corporate Affairs for incorporation of Wholly Owned Subsidiaries of the Company on December 17, 2022, namely ‘lndorama Sustainable Polymers (India)’ and ‘lndorama Sustainable Polyester Yarns’.
lndorama Sustainable Polymers (India) shall carry out business to explore business operation of converting flakes into chips. lndorama Sustainable Polyester Yarns shall carry out business to manufacture partially oriented yarns from Flakes Chips and also to explore manufacturing operation relating to Partially Oriented Yarn and fully drawn yarn through its Polymerization line.
Indo Rama Synthetics is India's largest dedicated polyester manufacturer. Incorporated in 1989, the company has an integrated production facility in Butibori, near Nagpur, Maharashtra. Its largest product gamut comprises of Polyester Stable Fibre (PSF), Polyester Filament Yarn (PFY), Draw Texturised Yarn (DTY), Fully Drawn Yarn and Textile Grade Chips.
