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Adani Petrochemicals Forms Strategic Partnership with Indorama Resources Ltd for PVC Plant Development

Adani Petrochemicals Forms Strategic Partnership with Indorama Resources Ltd for PVC Plant Development

01/08/25, 5:05 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IN.svggujarat
Money
$150 million
Industry
mineral
mining
oil and gas
energy
Type
partnership
Adani Petrochemicals Ltd, a subsidiary of Adani Enterprises, has formed a strategic 50:50 joint venture with Indorama Resources Ltd to establish Valor Petrochemicals Ltd. The joint venture aims to develop a substantial two-million-ton polyvinyl chloride (PVC) plant in Gujarat, marking a significant move for Adani in the petrochemical industry.

Company Info

Company
Adani Petrochemicals Ltd
Location
gujarat, india
Additional Info
Adani Petrochemicals Ltd is a subsidiary of Adani Enterprises, operating in the petrochemical sector. The company is involved in a strategic partnership with Indorama Resources Ltd to establish a joint venture named Valor Petrochemicals Ltd for the development of a two-million-ton polyvinyl chloride (PVC) plant in Gujarat.