Sustainability

Indorama Ventures Awarded ‘Platinum Medal’ By Ecovadis

Textile Insights February 3, 2024

Indorama Ventures has bagged the prestigious ‘Platinum Medal’ from EcoVadis’ Sustainability Assessment, which underscores the company’s unwavering commitment to sustainability. Indorama Ventures actively participates in the annual EcoVadis assessment to measure its sustainable practices,

Corporates

Indorama Again Included In DJSI World & DJSI Emerging Markets

Textile Insights December 21, 2023

Indorama Ventures has been selected for inclusion in the Dow Jones Sustainability World Index (DJSI World) for the fifth consecutive year and the Dow Jones Sustainability Emerging Markets Index (DJSI Emerging Markets) for the seventh year in a row. “The continued inclusion reflects the company’s commitment to sustainability and robust ESG practices,” the Thailand

Sustainability

Indorama Shows PET Recycling Solutions At Sustainability Expo

Textile Insights October 14, 2023

Indorama Ventures sponsored and participated in the Sustainability Expo 2023 (SX2023) held at the Queen Sirikit National Convention Center, Bangkok Under the theme of ‘The Future of Recycling’, Indorama Ventures’ highlighted the latest sustainable solutions that are poised to revolutionise PET recycling. “The company’s commitment includes investments in advanced recycling,

Corporates

Indorama Ventures Hits Landmark Of Recycling 1bn PET Bottles

Textile Insights September 26, 2023

Indorama Ventures Public Company Limited, a global sustainable chemical company has recycled 100 billion post-consumer PET bottles since February 2011. “This has diverted 2.1 million tons of waste from the environment and saved 2.9 million tons of carbon footprint from the product lifecycles,” the Thailand headquartered company said in a press release. Demonstrating its

Corporates

Indorama Ventures Invests US$ 150M In Three Indian PET Recycling Plants

September 17, 2023

Bangkok-based Indorama Ventures Public Co Ltd is investing US$ 150 million in three PET recycling plants in India, with plans to commence commercial production by 2026, reported PTI. The plants will be located near existing PET production facilities in Haldia, Nagpur and Panipat. This move will augment Indorama Ventures’ current 800,000 tonne/year PET production for

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 address sustainability challenges and the circular economy in Southeast Asia and

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 […]