Wednesday April 1, 2020 03:37

INDORAMA VENTURES PUBLIC Press Releases

Thai-based global company recycles 50 billion PET beverage bottles in a decade Indorama Ventures aims to recycle 50 billion bottles per year by 2025 Events—24 Mar 20

Indorama Ventures Public Company Limited (IVL), a global company listed in Thailand has recycled 50 billion PET bottles since 2011. The equivalent of over 200,000 elephants in weight. This major global recycling milestone saved three million barrels of

Indorama Ventures Secures Thailand’s First Sustainability-Linked Ninja Loan Events—16 Mar 20

กรุงเทพฯ--16 มี.ค.--Indorama Ventures
Indorama Ventures Public Company Limited (IVL), a global chemical producer, has successfully completed Thailand’s first ever cross-border Sustainability-Linked Ninja Loan.

This syndicated loan of US$255 million with 5 year bullet maturity, comprises of 16 Japan based banks and institutions is structured with linkage with the sustainability performance of IVL and have a mechanism to adjust to lower interest rate based on IVL’s ESG (Environmental, Social, and Governance) score.

Mizuho Bank, one of the largest banks from Japan, is the arranger of this syndicated cross-border Sustainability-Linked Ninja Loan. The loan proceeds will be primarily used for refinancing and will not increase the overall debt.

Mr. Sanjay Ahuja, Chief Financial Officer at Indorama Ventures said, “We are proud to be the first Thai company to obtain this Sustainability-linked Ninja Loan. Following Thailand’s first ever green loan funded by Mizuho Bank last year, we believe that our sustainability performance and PET recycling initiatives have been recognized.

IVL’s financial strategy focuses on diversification of the funding base with access to different financial markets, extending maturity profile and optimizing cost of financing. The Sustainability-Linked Ninja Loan has favourable financing terms and will help

Indorama Ventures Announces 2019 Results Events—27 Feb 20

Indorama Ventures Public Company Limited (IVL), a global chemical producer, announced its full year and fourth quarter 2019 financial results as follows. 2019 Performance Summary IVL registered volume growth of 18% in 2019, driven mainly by inorganic

Indorama Ventures Announces Corporate Strategy for 2020 till 2023 Events—05 Feb 20

Indorama Ventures Public Company Limited (IVL) announces its 2020-2023 Strategy at its Capital Markets Day. Summary: - IVL's time-tested approach has generated strong returns for stakeholders through both the peaks and valleys of the chemical cycle. - We

Indorama Ventures Commences Olefins Plant Commercial Operations in Westlake, LA, Events—04 Feb 20

Indorama Ventures Public Company Limited (IVL), a global chemical company, has commenced the commercial operations of its olefins gas cracker at Indorama Ventures Olefins (IVOL) plant in Westlake, Louisiana, the USA on 31 st January 2020. The site has an

Indorama Ventures Announces New Business Segment and Leadership Appointments Events—28 Jan 20

Indorama Ventures Public Company Limited (IVL), a global chemical producer, is pleased to announce the creation of a newly formed segment named Integrated Oxide, following the announcement of the acquisition of Huntsman's integrated Ethylene Oxide and

Indorama Ventures Concludes US$2 Billion Acquisition of Huntsmans Integrated EO PO Events—06 Jan 20

Indorama Ventures Public Company Limited (IVL), a global chemical producer, has today completed its acquisition of Huntsman's world-class integrated oxides and derivative businesses, including a large flagship site on the US Gulf Coast (USGC) at Port

Indorama Ventures Acquires Californian PET Recycler Green Fiber International Events—04 Dec 19

Indorama Ventures Public Company Limited (IVL), a global chemical manufacturer, has acquired Green Fiber International Inc. (GFI), a recycling company in Fontana, California, USA. The facility produces Recycled Polyethylene Terephthalate (rPET) Flakes.

Indorama Ventures Acquires Californian PET Recycler Green Fiber International Events—04 Dec 19

Indorama Ventures Public Company Limited (IVL), a global chemical manufacturer, has acquired Green Fiber International Inc. (GFI), a recycling company in Fontana, California, USA. The facility produces Recycled Polyethylene Terephthalate (rPET) Flakes.

IVL shows commitment to a Circular Economy in Plastic Sector at Southeast Asias Environmental Events—25 Nov 19

Indorama Ventures Public Company Limited (IVL) led by Mr. Richard Jones, Senior Vice President and Head of Sustainability Department joined a discussion on the topic of "Solutions to Close the Loop for Packaging, Recycling and E-commerce" at SEA of

Indorama Ventures partners with Kasetsart University to raise awareness of recyclable waste Events—22 Nov 19

Indorama Ventures Public Company Limited (IVL) joined with Kasetsart University by signing a memorandum of understanding in creating awareness of recyclable waste collection among university staff, students and the public as well as initiating proper

Indorama Ventures Joins The Recycling Partnership on Transforming the U.S. Recycling System for Events—21 Nov 19

Indorama Ventures Public Company Limited (IVL), a world-class chemical company, announced that it has joined the Recycling Partnership, a change-agent environmental non-profit leader improving how America recycles. IVL's collaboration with The Recycling

Indorama Ventures Completes Acquisition of Europes Leading Supplier of Polyester Automotive Events—21 Nov 19

Indorama Ventures Public Company Limited (IVL), a global chemical producer, announced it has successfully completed the acquisition of Sinterama S.p.A, a leading Global polyester automotive interiors and high performance colored yarns manufacturer. This

IVL delivered recycling knowledge for reducing global environmental Events—12 Nov 19

Indorama Ventures Public Company Limited (IVL), led by Mr. Yashovardhan Lohia (center), Chief Recycling Officer, lectured on "Recycling for Sustainability" at the 10th World Environmental Education Congress which was organized by the Chaipattana

Indorama Ventures Gives Global Commitment to Eliminating Plastic Pollution General—25 Oct 19

Indorama Ventures Public Company Limited (IVL), a global chemical producer, is proud to announce its commitment as part of the New Plastics Economy to help create a world where plastic never becomes waste. The company is now accelerating its efforts in

A window on Thailands first ever plastic recycling revealed by Indorama Events—24 Oct 19

Indorama Ventures Public Company Limited (IVL), a world-class chemicals company, showcased its state-of-the-art plastic recycling factory in Nakhon Pathom. The factory, which employs European technology, recycles post-consumer plastic PET bottles into

Indorama Ventures included in DJSI for third year consecutively Enters World Index above Events—19 Sep 19

Indorama Ventures Public Company Limited (IVL), a global chemical producer, has been included in the Dow Jones Sustainability World Index (DJSI World), which accessed the top 2,500 companies listed in the S&P Global Broad Market Index (BMI) based on

Indorama Ventures Makes Successful Unrated International Bond Debut Properties—16 Sep 19

Indorama Ventures Public Company Limited (IVL), a global chemical producer, has issued its first ever USD-denominated Senior Unsecured Reg S Fixed Rate Notes (the "Bonds") international offering to foreign institutional investors. The transaction is one

Indorama Ventures continues its Recycling Education journey at Wattana Wittaya General—10 Sep 19

Indorama Ventures Public Company Limited (IVL) led by the CSR team educated more than 1,000 students at elementary and secondary levels at Wattana Wittaya Acadamy. IVL's Recycling Education program, as a part of the school's "Integrated ASEAN" academic

Photo Release: Indorama Ventures hands over Waste Recycle Bank Building to Krok Yai Cha School, General—15 Aug 19

Indorama Ventures Public Company Limited led by Mr. Sunil Fotedar (Center), President of PTA Business – Rayong and team, handed over the Waste Recycle Bank Building after its renovation to Krok Yai Cha School, Rayong Province. This waste recycle

Indorama Ventures Announces Acquisition of Sinterama Events—30 Jul 19

- Enhances IVL's capability and competitive position to serve increasing demand for Automotive Interiors. - Further strengthens and consolidates IVL's Automotive interior market Indorama Ventures Public Company Limited (IVL), a global chemical producer,

Indorama Ventures Receives the Sustainability Award from Coca-Cola Events—29 May 19

Indorama Ventures Public Company Limited (IVL), a global chemical producer, is pleased to announce that it has received the Coca-Cola Sustainability Award presented at Coca-Cola's Supplier Summit 2019 in Atlanta, Georgia U.S.A earlier this month. The

Photo Release: IVL Joins Historic Event for Thai King General—27 May 19

Indorama Ventures Public Company Limited (IVL), was pleased to participate in and sponsor the "Happy and Healthy Run and Bike for the King" as part of the celebrations for the Coronation of His Majesty King Maha Vajiralongkorn Bodindradebayavarangkun in

Indorama Ventures Announces Senior Leadership Appointments Events—24 May 19

Indorama Ventures Public Company Limited (IVL), a global chemical producer, announced the appointment of two new senior leadership; Chief Strategy Officer (CSO) and Chief Human Resources Officer (CHRO), effective from 1 April 2019. The senior leadership

INDORAMA VENTURES ANNOUNCES FORMATION OF NEW MOBILITY BUSINESS GROUP AT TECHTEXTIL FRANKFURT, Events—17 May 19

Indorama Ventures combines its global industrial filaments businesses to form the Indorama Mobility Group in order to offer essential solutions to the Tire, Automotive Safety and Functional Materials sectors. Indorama Ventures Public Company Limited

Indorama Ventures Reports 2019 First Quarter Results Stcoks—07 May 19

Indorama Ventures Public Company Limited (IVL), a global chemical producer, today announced financial results for the first quarter 2019. Highlights 1Q2019 Performance: Revenue $3.0 billion (THB 95.8 billion), +26% YoY Core EBITDA of $304 million (THB

Photo Release: IVL Lands Thailands First Ever Green Loans Stcoks—02 May 19

Indorama Ventures Public Company Limited (IVL), a global chemical producer, led by Mr. Aloke Lohia Group Chief Executive Officer (center), has clinched Thailand's first green loans from Mr. Yasuhiro Kubota (4th from right) General Manager of Japan's

IVL Lands Thailands First Ever Green Loans Stcoks—29 Apr 19

Indorama Ventures Public Company Limited (IVL), a global chemical producer, has clinched Thailand's first green loans from Japan's Mizuho Bank. The loans, for USD 100m and EUR 100m, are being provided in the forms of positive incentive loan (PIL) which

Indorama Ventures Strategic Investment into IRSL in India Stcoks—04 Apr 19

Indorama Ventures Public Company Limited (IVL), a global chemical producer, announced that it has completed the share purchase of 83,000,000 newly issued shares in Indo Rama Synthetics (India) Limited (IRSL), equaling to approximately 31.79% of IRSL's

Indorama Ventures Completes Acquisition of Europes Leading Supplier of Packaging Barrier Products Events—05 Mar 19

Indorama Ventures Public Company Limited (IVL), a global chemical producer, announced the completion of its acquisition of INVISTA Resins & Fibers GmbH, a specialty chemicals asset located in Gersthofen, Germany. The Gersthofen site has a combined