Indorama Ventures Names New Leaders For CPET Segment

Indorama Ventures Public Company Ltd, a global leader in sustainable chemicals, has announced new leadership appointments for its Combined PET (CPET) segment. Effective July 1, 2024, Yashovardhan Lohia will assume the role of Executive President of Petchem Special Projects. Concurrently, Muthukumar Paramasivam and Kumar Sambhaw Ladha have been appointed as Co-Presidents of the Combined PET segment.

Yashovardhan Lohia, known for his strategic acumen, will oversee Petchem Special Projects, leveraging his expertise to drive innovation and operational excellence. Muthukumar Paramasivam and Kumar Sambhaw Ladha bring extensive industry experience, poised to lead CPET through its next phase of growth and sustainability initiatives.

DK Agarwal, the outgoing CPET Executive President, transitions to the roles of Deputy Group CEO and Group CFO. His continued leadership will be pivotal as Indorama Ventures navigates evolving market landscapes and pursues strategic growth opportunities.

Aloke Lohia, founder and Group CEO, emphasized the new leadership team’s role in driving innovation and sustainability, positioning Indorama Ventures at the forefront of the petrochemical industry.

“This leadership transition marks a pivotal moment for our company as we strengthen our capabilities and adapt to global challenges,” said Aloke Lohia. “With Yash, Muthu and Kumar at the helm, we are confident in our ability to achieve sustained growth and innovation under the strategic framework of IVL 2.0.”