Indorama Ventures to acquire Oxiteno

August 25th, 2021

Indorama Ventures Public Co. Ltd. (IVL), a global chemicals producer, has agreed to acquire Brazil-based Oxiteno S.A. Indústria e Comércio, a subsidiary of Ultrapar Participações S.A. The acquisition gives IVL a unique portfolio in high-value surfactants and significantly extends its existing Integrated Oxides and Derivatives (IOD) business. Oxiteno is a leading integrated surfactants producer and […]

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Face mask made with sustainability in mind

August 1st, 2021

The Easy Mask’s Deja™ yarn is 100 percent recyclable at the end of use and can be repeatedly reprocessed without harmful emissions or discharges to create new high value-added products. Photo: STOLL, a brand of the Karl Mayer Group. In the second year of the COVID-19 pandemic, the need for masks continues worldwide.  A collaborative […]

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Indorama Ventures increases capacity in India

May 28th, 2021

Indo Rama Synthetics (India) Ltd., a subsidiary of global petrochemical producer Indorama Ventures Public Co. Ltd., will spend up to US $82 million upgrading equipment and adding capacity at its manufacturing site in Nagpur, India. The capital expenditure plan includes a new PET resin manufacturing facility, additional balancing equipment and a large range of specialty […]

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Indorama Ventures aims to recycle 50 billion PET beverage bottles per year by 2025

April 2nd, 2020

Indorama Ventures Public Co. Ltd. (IVL), a global company listed in Thailand, has recycled 50 billion PET bottles since 2011. This major global recycling milestone saved three million barrels of crude oil and eliminated 1.65 million tons of carbon. The company has committed $1.5 billion to deliver more recycling infrastructure globally. Yashovardhan Lohia, chief recycling […]

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Indorama Ventures announces new business segment and leadership appointments

February 3rd, 2020

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 […]

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Indorama to eliminate plastic pollution

January 24th, 2020

Indorama Ventures Public Co. Ltd., a global chemical producer, has announced its commitment as part of the New Plastics Economy Global Commitment to help create a world where plastic never becomes waste. The company is aiming to increase recycled content volumes by at least 750,000 metric tons, while also recently pledging $1.5 billion toward achieving […]

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Indorama Ventures acquires M&G USA

March 20th, 2019

Indorama Ventures Public Co. Ltd., a global chemical producer, has received the regulatory clearance required from the U.S. Federal Trade Commission for the joint asset purchase of M&G USA Corp. and its affiliated debtors. Indorama Ventures, Alpek, S.A.B. de C.V., and Far Eastern Investment (Holding) Ltd., entered into a joint venture agreement to acquire M&G’s […]

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Performance Fibers completes sale of Asia operations

April 6th, 2015

Company renamed DFT DuraFiber Technologies Inc. Industrial polyester fiber and fabric manufacturer Performance Fibers has completed the sale of its Asia operations to Indorama Ventures PCL, and has changed its name to DFT DuraFiber Technologies Inc. Frank Papa serves as chief executive officer (CEO) of the company. Performance Fibers has succeeded in a major business […]

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