(D, TH) – German investment firm Aurelius AG sold its subsidiary Wellman International to the Thai Indorama group for €42m. According to Aurelius, Wellman is Europe‘s largest recycler of PET bottles and a manufacturer of polyester fibres. The acquisition is expected to be completed before the end of 2011, ...
Indorama group acquires PET recycler Wellman International
© 2011 EUWID Europäischer Wirtschaftsdienst GmbH | All Rights Reserved.
Copyright notice The individual articles, tables and other contents published by EUWID are protected by copyright and are provided exclusively for the client's own use and the use of the client's employees. In the absence of a more extensive licence agreement, only one copy may be printed for circulation at a single business location designated by the client. Digital distribution of EUWID contents, especially by intranet or by e-mail, within a company, throughout a group of companies, or outside a company is not permitted and constitutes an infringement of copyright law. Read more in our FAQ.