Indorama Ventures reports improved 3Q24 earnings

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

November 12, 2024 by Asia Food Journal

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

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