Indorama Ventures Public Company Limited (Bloomberg ticker IVL.TB) is a publicly listed company headquartered in Bangkok, Thailand. It is one of the world’s leading chemical producers and the largest producer of Polyethylene Terephthalate (PET), used for the production of food and beverage packaging. IVL has a global manufacturing footprint across 33 countries in Europe, the Americas, Asia-Pacific and Africa with a diversified asset base serving attractive customer segments.
IVL began as a producer of PET in 1995 and grew through backward integration into its key feedstocks while diversifying into polyester fibers. Later, the company successfully built a vertically integrated and diverse business portfolio comprising Integrated Oxides and Derivatives, while continuing to build on its Combined PET and Fibers businesses.
Indorama Ventures is aware that the world is seeking to reduce plastic waste and has invested strongly in recycling since 2011. The company has committed to increase its recycling capacity to 750,000 tons by 2025 and has announced it intends to set aside US$1.5 billion to building, buying and expanding recycling on a global basis. We are working with several industry partners to achieve a circular economy for sustainable plastics, and strongly support the global efforts underway to achieve the UN Sustainable Development Goals (SDGs).
Additionally, the Company has more than 17 Research and Development Centers and over 533 patents. IVL products serve major brand-owners and FMCG companies in consumer products and niche applications, i.e. beverages, hygiene, personal care, mobility and safety segments. Indorama Ventures has consolidated revenue of US$ 11.4 billion in 2019 and a team consisting of over 24,000 talented employees spread around the world. The Company is listed in the DJSI (Dow Jones Sustainability Index) World and Emerging Markets Indices and also gained recognitions from various global sustainability assessments including CDP, FTSE4Good, EcoVadis, MSCI, Bloomberg ESG, and Sustainalytics. The Company explores and integrates business value from every assessment for long term sustainability.