Indorama Acquires FiberVisions

Polyester producer Indorama Ventures PCL (IVL), Thailand, has acquired specialty polyolefin staple
fiber and bicomponent fiber producer FiberVisions Holdings LLC, Duluth, Ga.

FiberVisions’ production capacity totals more than 200,000 tons per year at facilities in the
United States, Denmark, Argentina and China. The company devotes 75 percent of that capacity to
fiber production for disposable branded feminine hygiene products and 25 percent to fiber
production for automotive and industrial applications. FiberVisions also has a joint venture (JV)
with bicomponent fiber producer JNC, Japan.

Over the last year, IVL also acquired Wichita, Kan.-based Invista’s U.S. and Mexican
polyester assets; Ireland-based Wellman International Ltd.’s recycling and fiber businesses in
Europe; polyester fiber and filament producer Trevira GmbH, Germany, acquired through a JV with
Sinterama S.p.A., Italy; and South Korea-based SK Chemicals Co. Ltd.’s polyester assets in
Indonesia and Poland.

January/February 2012