BANGKOK -- Thai petrochemical company Indorama Ventures has taken a roughly 25% stake in Indian packaging manufacturer EPL from U.S. investment firm Blackstone, tapping rising demand from India's growing population.
Top PET manufacturer eyes promising growth market with EPL tie-up

Indorama is the world's top producer of polyethylene terephthalate, or PET, used in products such as plastic bottles. (Photo by Suzu Takahashi)
BANGKOK -- Thai petrochemical company Indorama Ventures has taken a roughly 25% stake in Indian packaging manufacturer EPL from U.S. investment firm Blackstone, tapping rising demand from India's growing population.