The Performance Fibers of today has emerged from a long history of company structural and capability development that has enabled itself to continue to grow and excel through different market conditions.
Performance Fibers business is now a wholly-owned subsidiary of Indorama Ventures Company which is the world’s largest PET producer. Performance Fibers’ Asia business was acquired by Indorama Ventures on 1st April 2015 as part of latter’s growing high-value added business portfolio. Before that, Performance Fibers was owned by Sun Capital Partners, Inc who acquired the business from Honeywell International in 2004.
Performance Fibers continues a legacy of commitment, reliability and innovation that traces its roots to the post-World War II years when the fibers business was begun by Allied Chemical (subsequently AlliedSignal and Honeywell).
PF Asia acquired by
PF fully owned
Kaiping China plant
PF sold to Sun Capital Partners
Honeywell and AlliedSignal merged
PF business unit
AlliedSignal established JV in Kaiping, China
Started production of Polyester fiber
Introduction of N6
Allied Chemical &