Indorama Ventures

Indorama Ventures Public Company Limited, commonly known as IVL, is a global powerhouse in the petrochemicals industry, renowned for its production of sustainable chemicals. The company has a significant presence worldwide, with operations spanning across 35 countries and 148 manufacturing facilities. It boasts a professional workforce of approximately 26,000 employees and reported a consolidated revenue of 18.7 billion USD at the end of 2022. IVL operates through several business segments, with a particular focus on Integrated Oxides and Derivatives, Combined PET, and Fibers. The company holds leadership positions in various markets, contributing to more than 70% of its revenue. Its product lines include being a global producer of PET polymers, a leading PET recycler, and a manufacturer of polyolefin staple and bi-component fibers. Additionally, IVL produces specialty polyester fibers in Europe and North America, single-end cord for high-performance tire applications, purified ethylene oxide in North America, polyamide 6.6 airbag yarns, rayon tire cords, polyester tire fabrics in China, and is a global IPA producer. The company's strategy revolves around strengthening its market leadership through scale, integration, and differentiation. This approach aims to create profitability and return on investment while delivering long-term, superior shareholder value. IVL's commitment to vertical integration, geographical diversification, and product diversification underpins its strategic objectives. Indorama Ventures is also deeply committed to sustainability and corporate responsibility. It has been recognized for its efforts in recycling, having reached the milestone of recycling 100 billion PET bottles as of September 25, 2023. The company's dedication to responsible business practices extends to its health and safety standards, which are considered non-negotiable. In terms of accolades, IVL has achieved the highest Bloomberg ESG disclosure score and has been ranked number one among companies in the Stock Exchange of Thailand (SET50). It has also been listed on the Dow Jones Sustainability World Index (DJSI World) for two consecutive years and the Dow Jones Sustainability Emerging Markets Index (DJSI Emerging Markets) for four consecutive years. In 2020, Indorama Ventures was placed in the top three among the world's leading sustainable chemical companies and received the Silver Class distinction for its excellent sustainability performance as published in SAM Sustainability Yearbook 2020. Indorama Ventures Public Company Limited is listed in Thailand and is a testament to the country's growing influence in the global chemicals market, with predominant applications in health, personal hygiene, human safety, and packaging solutions. Its global manufacturing footprint covers the Asia-Pacific region, Europe, the Americas, and Africa, showcasing its expansive reach and impact on the industry.