Indorama Ventures Joins Consortium For Sustainable Polyester Fibre

Indorama Ventures Public Company Ltd, a global sustainable chemical company, has joined a consortium of seven companies across five countries to establish a supply chain for more sustainable polyester fibre. Renewable and bio-based materials, along with materials produced via carbon capture and utilization (CCU para-xylene), will replace fossil materials in manufacturing polyester fibres for The North Face brand in Japan. The consortium includes Indorama Ventures (Thailand), Goldwin (Project Owner), Mitsubishi Corporation, Chiyoda Corporation (all from Japan), SK Geo Centric (South Korea), India Glycols (India), and Neste (Finland).

The polyester fibre from this project will be used by Goldwin, a leading Japanese company specializing in high-performance sportswear and outdoor apparel, starting with sports uniforms in July 2024 for The North Face products. Further products and brands under Goldwin, known for innovation, quality and sustainability, will follow.

The seven companies employ a mass balancing approach to ensure credible traceability of material streams throughout the supply chain. They will continue to promote the de-fossilization of materials, contributing to a more sustainable society.

Yash Lohia, Executive President of Petchem Special Projects at Indorama Ventures, commented: “We are proud to join forces with such esteemed partners in this groundbreaking initiative. At Indorama Ventures, we are deeply committed to advancing sustainable solutions, and this project exemplifies our dedication to innovation and environmental stewardship. By utilizing CO2-derived materials, renewable resources, and bio-based alternatives, this collaborative effort demonstrates the power of global cooperation in creating a more sustainable future for the textile industry and beyond.”