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Indorama Acquiring European Plastics Recycling Firm
Posted on September 22nd, 2011 No commentsIndorama Ventures Public Co. Ltd., based in Bangkok, has signed an agreement with WIT Beteiligungs GmbH and Wellman International Trading, affiliates of the holding company Aurelius AG, to acquire a 100 percent stake in the recycling and fiber manufacturing businesses of Wellman International in Europe for around €42 million (US$56.6 million)
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