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Indorama takes stake in India polyester fibre maker

2019-04-04 13:45:00| Daily apparel & textile news and comment - from just-style.com

Chemicals, fibres and woollen yarns conglomerate Indorama Ventures has invested INR29.88bn (US$43.2m) to take a 31.79% stake in India-based polyester fibre maker Indo Rama Synthetics, in a move that provides it with access to a large domestic market.

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