The Shutdown Is Over! IVL Restarts EO/EG Plant, IVOVL Begins Trial Runs

Indorama Ventures Public Company Limited (IVL) has made two announcements today. Firstly, the indirect subsidiary Indorama Ventures Olefins LLC (IVOL) located at Westlake, LA, USA, a manufacturer of Ethylene from Ethane with annual capacity of 440,000 MT has achieved mechanical completion and is undergoing trial runs.

IVOL has stabilized production of on-spec Ethylene and its byproducts at 5 of its 7 furnaces and will ramp up gradually during the course of 2Q19.  This project has been the most ambitious project of its kind in IVL history and creates an exciting new platform of growth as well as affording stability and supply chain advantages to our EO/EG business by its pipeline integration. At normalized production IVL will secure ~75% Ethylene for internal consumption for EO/EG production and merchant the remaining output.

Secondly, Indorama Ventures Oxide & Glycols LLC (IVOG) which is indirect subsidiary, located at Clear Lake, Tx, USA, a manufacturer of EO, PEO & Glycols with annual capacity of 550,000 MT has lifted the force majeure on 2nd May 2019 after taking an unplanned shutdown in the last week of March 2019 due to compressor breakdown.