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
sustainability
The Future of Food: How Manufacturers Can Adopt to Changing Consumer Preference
By Cath Isabedra The future of food is already here. It’s just not what you think. In the last few years, we’ve seen a shift in the way that we eat. From buffets and fast food to social media and table service, we expect more from our meals. The future of food aims to address this by enabling manufacturers to change consumer preferences faster than ever. If it existed today, the “future of food” would be a series of disruptions throughout the manufacturing and supply chain industries that aim … [Read more...] about The Future of Food: How Manufacturers Can Adopt to Changing Consumer Preference
Love the Food, Hate the Waste: Tackling Sustainability with Packaging
By Cath Isabedra Food packaging and food waste are two of the biggest contributors to landfill. The problem with food packaging is that it's often unnecessary, used to deliver food but not consumed. Take plastic wraps for fruit and vegetables. They're designed to keep the product fresh for longer but are optional for most people who buy their produce weekly at the local grocery store. The packaging industry is booming. Pre-pandemic, packaging was well on its way to becoming a … [Read more...] about Love the Food, Hate the Waste: Tackling Sustainability with Packaging