On January 24, during the World Economic Forum – 2018, Tatarstan President Rustam Minnikhanov had a meeting with senior executives of Indorama Corporation (Indorama) Indonesian company in Davos.
The company was founded in Indonesia in 1976. In the 1990's it started the production of polyester fiber, which served as raw material for the textile industry. Currently, the company is one of the world's largest manufacturers of polystyrenes, produces polyethylene, polypropylene, fabrics and medical gloves. Its products are delivered to more than 90 countries. During the meeting, the parties discussed the issues of possible cooperation in the field of petrochemical industry, the implementation of mutually beneficial investment projects, including localization of production in Alabuga-2 industrial park.
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