The chemical company Indorama Ventures Public Co. Ltd. (IVL), Bangkok/Thailand, has successfully completed the acquisition of Sinterama SpA, Sandigliano/Italy, a leading manufacturer of polyester automotive interiors and high-performance colored yarns.
This acquisition elevates IVL’s capability to deliver comprehensive and innovative solutions in highly specialized applications including colored polyester yarns for the automotive, furnishing, apparel and technical applications. The combination of IVL’s existing manufacturing capabilities and supply chain with Sinterama’s portfolio gives IVL added momentum to serve the increasing demand for automotive and home applications.
Sinterama has approx. 890 employees working at 5 production sites in Italy, Brazil, China and Bulgaria. Sinterama’s expertise and network of strategically located facilities will be integrated into IVL’s existing specialties business.