Adani Group partners with Indorama for petchem foray

January 7, 2025

Adani Enterprises Ltd, “has completed the incorporation process of a joint venture company namely Valor Petrochemicals Ltd (VPL)… with Indorama Resources Ltd, Thailand,” AEL said in the filing. The company further added, “VPL is incorporated with the object to set Refinery, Petrochemical and Chemical business.”

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