PET maker expects Alabama plant to be its most profitable

11/6/2009 | Forbes (Asia)

Aloke Lohia, managing director of Indorama Polymers and CEO of Indorama Ventures, has ambitious plans for expanding his stake in the market globally. Indorama Polymers, the second-biggest PET producer by capacity in the world, opened a $200 million plant in Decatur, Ala., this year. Lohia predicts the plant will be his most profitable, given that it serves the biggest market and the average American is projected to use 20 pounds of PET this year.

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