% stake in M&G Polimeros Brazil S.A. in Ipojuca, Brazil. The plant is the largest PET facility in Brazil with a capacity of 550,000 tons per annum. This plant is strategically located and benefits from a
acquire the PET facility of Egyptian Indian Polyester Company S.A.E. (“EIPET”) in Egypt. In this regard, on June 14th 2018, IVL has signed Definitive Agreements to acquire up to 50% of the Equity stake of
Immobilien- und Beteiligungs GmbH and Schoeller Management GmbH on September 28th, 2018 to acquire 100% Equity stake of Schoeller Group in Europe, with operating plants in Austria, Czech Republic and Germany
with LQ Inc. to acquire 100% equity stake of Green Fiber International Inc. (“GFI”), a company incorporated in USA and having plastics recycling facility in Fontana, California, USA. The facility
Committee and Board is of the opinion that the transaction of acquiring 24% stake in PT. Indorama Petrochemicals by INBV from PTIRS is justified in view of the improving of PTA market conditions and the
Fundamental Investment Analyst on Capital Market