Indorama Purchases Assets Of SK Chemicals In Poland, Indonesia

Thailand-based Indorama Ventures PCL (IVL) — an integrated manufacturer of purified terephthalic
acid, polyethylene terephthalate (PET) and polyester fiber — has purchased Korea-based SK Chemicals
Co. Ltd.’s assets in Poland and Indonesia and established new subsidiaries.

SK Eurochem Sp. z o.o., Poland, is now held by Indorama Polymers Sp. z o.o., Poland. The
company manufactures PET chip and has an annual production capacity of 140,000 metric tons. PT SK
Keris and PT SK Fiber, Indonesia, are now held by Indorama Netherlands B.V., the Netherlands, which
manufactures PET chip and polyester filament yarn and has an annual capacity of 196,000 metric

March 16, 2011