Lithuania: Polyethylene terephthalate (PET) producers receive merger clearanceChristian Fernsby ▼ | October 5, 2020
The Lithuanian competition authority Konkurencijos taryba cleared the acquisition of 100 per cent of the shares and sole control of the Polish company Industrie Maurizio Peruzzo POLOWAT by the Netherlands-based firm Indorama Netherlands B. V.
Indorama Netherlands Industrie Maurizio Peruzzo POLOWAT
Undertakings related to the holding company Indorama Netherlands B. V. produce and supply virgin polyethylene terephthalate (PET) chips, polyester filament yarns, polyester staple fibre and other textile yarns and materials made of nylon, polyester, viscose, aramid and hybrids (i.e. nylon and aramid), also supply recycled PET chips.
Industrie Maurizio Peruzzo POLOWAT supplies recycled PET flakes and chips to buyers in Lithuania. ■