January 29, 2026 15:11
A slice of Europe’s petrochemicals and polymers sector is heading to more favourable shores.
From Oman comes confirmation that the integrated purified terephthalic acid (PTA) and polyethylene terephthalate (PET) plants previously owned by Indorama Ventures in Rotterdam (photo below), and closed in 2024, will be relocated to the Sohar Port and Freezone industrial and logistics complex on the Gulf of Oman.
The group is expanding its North Carolina site to support growth in liquid colours and additives for thermoplastics and polyurethanes.