Indorama Ventures

Indorama Ventures (IVL) is a prominent global petrochemicals company based in Bangkok, Thailand. Founded in 1994 by Aloke Lohia, IVL is the world's largest producer of PET (polyethylene terephthalate) resins and a key manufacturer of polyester fibers and yarns. The company operates in 35 countries with 148 manufacturing facilities and employs around 26,000 people, generating approximately $18.7 billion in revenue as of the end of 2022. IVL's product offerings include PET polymers primarily used in packaging, especially beverage bottles, and it is a leader in PET recycling, contributing to sustainability efforts. The company also produces a variety of polyester fibers for textiles, nonwovens, and industrial applications, as well as specialty fibers for automotive and hygiene products. With a diverse customer base across multiple industries, IVL focuses on sustainability, innovation, and long-term value creation, reinforcing its position as a leader in the petrochemicals sector.