Indorama Ventures Public Co. Ltd. (IVL), a global chemical producer, has announced the creation of a newly formed segment named Integrated Oxide, following the announcement of the acquisition of Huntsman’s integrated ethylene oxide and proplylene oxide (EO&PO) assets in Port Neches, Chocolate Bayou and Dayton in Texas, Ankleshwar in India and Botany in Australia. The new segment will enable the company to leverage operational efficiencies and position IVL for long-term growth and value creation.
IVL has also announced the appointment of Alastair Port as president of Integrated Oxide. Port will report to Dilip Kumar Agarwal, CEO of the Feedstock and PET businesses. Port joined Huntsman in 1988 and was previously global vice president of manufacturing and upstream business at Huntsman.