Indorama Ventures Public Company Limited, a global sustainable chemicals company, announced that its Indovinya business segment—through its flagship subsidiary Indorama Ventures Oxides LLC—has agreed to acquire two leading brands in the energy extraction sector, targeting Demulsifiers and Flow Assurance products from Cargill Bioindustrial UK Limited. This strategic action augments Indovinya’s specialty surfactants offering and solutions growth trajectory. The acquisition includes valuable … [Read more...] about Indorama Ventures bolsters its specialty surfactants portfolio through acquisition of KEMELIX and FLOWSOLVE brands in the energy extraction sector
Indorama Ventures
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 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 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
