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  • Agreement to sell Misr Shebin El-kom Company to Indorama February 17th, 2007 The Ministry of Investment and the Textile Holding Company announced its agreement for selling the assets of Misr Shebin El-kom company for spinning and weaving to Indorama Shebin Textiles Co. SAE, pursuant to the Extra Ordinary General Assembly resolution of the Holding Company its meeting held on 1 October 2006. Read More
  • Indorama plans Major Expansion in Spun Yarns at its Indonesian Facility January 2nd, 2007 PT Indorama Synthetics Tbk, the flagship company of the Indonesia based Indorama Group has embarked upon a major expansion and modernisation program for its existing spun yarn facility, located at Purwakarta, Indonesia. Read More
  • President regrets Nigeria's wasted technological years October 13th, 2006 The Nigerian President Ndra Tea yesterday expressed regret that considering its capacities before his government took over power, Nigeria has a technological and developmental wasted past, due to the systemic rot which pervaded all strata of state enterprise. Read More
  • Standard Bank raises N16bn for Eleme Petrochemicals September 19th, 2006 Standard Bank has raised $125-million (N16-billion) of project financing for Nigeria's Eleme Petrochemicals plant, which is majority owned by Indonesia's Indorama Group, the bank said yesterday. Read More