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Portfolio & StrategyOperations & Footprint 24 Oct 2026

Indorama completes acquisition of Polypet PET plant in Indonesia

Indorama has completed the acquisition of Cilegon-based Polypet Karyapersada, an Indonesian PET producer, after signing the deal in March 2026. The new capacity will be co-located with Indorama's existing PET and PTA facilities in the country.

Why this mattersAdds PET resin capacity in Southeast Asia for Indorama, a key upstream supplier to beverage and packaging converters in the region.

  • Indorama announced in March 2026 that it had signed an agreement to acquire Polypet Karyapersada.
  • Polypet is based in Ciwandan, Cilegon, Indonesia.
  • The acquisition has now been completed.
  • The acquired capacity is co-located with Indorama's existing PET and PTA facilities in Indonesia.
Indorama Polypet Karyapersada counterparty
Sources pieweb.plasteurope.com
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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.

Updates

  • 2026-10-25 · Edited before publication: Key fact 4 misread the source. The acquired Polypet capacity sits next to Indorama's existing PET and PTA plants; the source says nothing about new PET and PTA capacity.