Corporates

Fifth Edition Of Indorama Ventures’ ‘Circular Innovation Challenge’

Textile Insights September 4, 2023

Indorama Ventures Public Company Limited, a global sustainable chemical company announced its support for the ‘Circular Innovation Challenge 2023’ for the third consecutive year. “The five-week hackathon aims to inspire and engage young people across Southeast Asia to create solutions to

Financial Results

Reported EBITDA at Indorama Ventures slips 68% in Q2

Textile Insights August 12, 2023

Reported EBITDA at Indorama Ventures slipped 68 percent year on year to US $321 million in the second quarter of 2023, but rose 7 percent over the earlier quarter. The Thailand headquartered company recorded revenues of $4 billion in the reporting quarter, again down 27 percent from a year ago quarter, and also down one […]

Corporates

Indorama Almost Triples Brazilian PET Recycling Facility

Textile Insights August 11, 2023

Indorama Ventures which is one of the biggest producers of recycled Polyethylene Terephthalate (PET) resin in the world, has almost tripled its recycling capacity at its Brazil facility The capacity of the recycling facility has been increased from 9,000 tons to 25,000 tons per year of PET made from post-consumer recycled (PET-PCR) material. The project […]

Corporates

Trevira Renamed As Indorama Ventures Fibers Germany

Textile Insights June 16, 2023

Germany based Trevira GmbH which was acquired in 2011 by Thailand headquartered Indorama Ventures, has now been renamed as Indorama Ventures Fibers Germany GmbH. In the last few years, Indorama Ventures has made several acquisitions and now has 147 locations in 35 countries and employs more than 26,000 people in three business segments. “To strengthen […]