Indorama Ventures Public Company Limited has successfully secured its inaugural sustainability-linked Trade Finance facility with Sumitomo Mitsui Banking Corporation (“SMBC”). The USD 50 million facility for the global sustainable chemical company was inked during the signing ceremony yesterday in Bangkok. This facility will support Indorama Ventures’ working capital, linking the applicable margin that ratchets to the company’s well-established sustainability targets, which include greenhouse … [Read more...] about Indorama Ventures Successfully Secures Inaugural Sustainability-Linked Trade Finance Facility With SMBC
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Indorama Ventures and Carbios reaffirm partnership to build first-of-a-kind PET biorecycling plant in France
Indorama Ventures Public Company Limited (IVL) (Bloomberg ticker IVL.TB), a global sustainable chemical producer, and Carbios (Euronext Growth Paris: ALCRB), a biotech company developing and industrializing biological solutions to reinvent the life cycle of plastic and textiles, announce the signing of a non-binding Memorandum of Understanding (MOU) to form a Joint Venture for the construction of the world’s first PET biorecycling plant in France1. Based on and subject to the comprehensive … [Read more...] about Indorama Ventures and Carbios reaffirm partnership to build first-of-a-kind PET biorecycling plant in France
Indorama Ventures and SIPA celebrate International Wine Day with world-first sustainable PET sparkling wine bottle
Indorama Ventures Public Company Limited, one of the world’s leading sustainable chemical companies, and SIPA, a leading PET packaging technology specialist, have collaborated to bring the world’s first sustainable, monolayer PET sparkling wine bottle to market, celebrating International Wine Day. The award-winning PET packaging solution for sparkling wine provides brands with a fully recyclable option that maximizes logistics efficiencies, minimizes handling risks, runs on … [Read more...] about Indorama Ventures and SIPA celebrate International Wine Day with world-first sustainable PET sparkling wine bottle