Indorama Ventures Public Company Limited (IVL), a global sustainable chemical producer, posted a marked improvement in quarterly performance as the chemical industry struggles to recover from a prolonged downturn and the company’s management executes their 3year IVL 2.0 strategy to enhance competitiveness and drive efficiencies. Indorama Ventures reported Adjusted EBITDA of $427 million in 3Q24, a gain of 32% YoY, supported by steady volumes, improving industry spreads, and the company’s … [Read more...] about Indorama Ventures reports improved 3Q24 earnings as the company’s IVL 2.0 strategy starts to deliver benefits while global demand continues to remain lacklustre
Indorama Ventures
Indorama Ventures collaborates to launch world’s first commercialized PET bottles using bio-paraxylene for Suntory
Indorama Ventures Public Company Limited, a global sustainable chemical producer, as part of a supply chain collaboration with Suntory, ENEOS Corporation, Mitsubishi Corporation, Iwatani, and Neste, will launch the world’s first bio-PET bottle for commercial scale, made from ISCC+ certified bio-paraxylene. This collaboration marks a significant milestone in the journey toward sustainable packaging, introducing PET bottles derived from used cooking oil. PET bottles made from this technology … [Read more...] about Indorama Ventures collaborates to launch world’s first commercialized PET bottles using bio-paraxylene for Suntory
Indorama Ventures awarded platinum medal from EcoVadis for sustainability performance in supply chain management
Indorama Ventures Public Company Limited, a global sustainable chemical company, has been awarded the prestigious 'Platinum Medal' by EcoVadis Sustainability Assessment, underscoring the company's unwavering commitment to sustainability. Indorama Ventures actively participates in the annual EcoVadis assessment to measure its sustainable practices, ensuring alignment with the diverse requirements of key customers across various business segments and operations. In the latest evaluation for … [Read more...] about Indorama Ventures awarded platinum medal from EcoVadis for sustainability performance in supply chain management