08-Jan-2015Disposal of shareholding in Polyplex Resins Sanayi Ve Ticaret AS, Turkey:
The company’s wholly owned subsidiary Polyplex (Asia) Pte. Ltd., Singapore (PAPL) and step down subsidiary Polyplex Europa Polyester Film Sanayi Ve Ticaret A.S., Turkey (PE), in which company has 51% stake, have sold their respective stake, 100% in aggregate, in Polyplex Resins Sanayi Ve Ticaret A.S., Turkey (PR) to Indorama Netherlands B.V., a wholly owned subsidiary of Indorama Ventures Public Company Limited, Thailand (IVL).