Indorama Ventures Public Company Limited (IVL), a global chemical producer, has completed the share purchase of 83,000,000 newly issued shares in Indo Rama Synthetics (India) Limited (IRSL), equaling to approximately 31.79 per cent of IRSL’s enlarged share capital at the price of Rs. 36 per share. IRSL is a fibre manufacturing facility located in Nagpur, India. IRSL’s Nagpur facility has a combined capacity of 605,000 tonne/ annum, consisting of polyester chips, fibres and filament yarns.