Tuesday December 11, 2018 11:57

INDORAMA VENTURES Press Releases

Photo Release: Indorama Ventures Supports the NTCCs Sustainability Concept Events—28 Nov 18

Indorama Ventures Public Company Limited (IVL) sponsored the NTCC Sustainable Innovations - Business Award Dinner 2018 organized by the Netherlands – Thai Chamber of Commerce (NTCC) at The Athenee Hotel, a Luxury Collection Hotel, on November 23,

Indorama Ventures Acquires 74% in Medco Plast for Packing and Packaging Systems S.A.E from Middle East Glass Manufacturing Co. and the Samaha Family Events—14 Nov 18

Bangkok--14 Nov--Indorama Ventures

Indorama Ventures Public Company Limited (IVL) has completed the acquisition of 74% of the share capital of Medco Plast for Packing and Packaging Systems S.A.E. (Medco Plast) from Middle East Glass Manufacturing Co. S.A.E. (MEG) and the Samaha family. Following the acquisition, MEG will retain a 16% shareholding in Medco Plast, and the Samaha family 10%.

Medco Plast is the largest manufacturer of recyclable PET preforms, injection molded products, and closures to all the multinational soft drink and water manufacturers operating in Egypt, with a 25% market share. Medco Plast currently has 11 state-of-the-art production lines with a combined annual production capacity of 70,000 metric tons of PET preforms.

Egypt is one of the most developed and diversified economies in the Middle East, with economic growth of around 5%. Egypt's membership of COMESA regional economic bloc, coupled with its strategic location linking the EMEA and Asia, makes the country the gateway to the East and North African markets with favorable trade agreements. This acquisition will provide Indorama Ventures exposure to the East African PET packaging market, complementing its existing footprint in West Africa, where the company has presence in Nigeria and Ghana.

Indorama Ventures will bring best-in-class knowhow cap

IVL brings eco-fashion by Thai youth to showcase at Dutch Design Week 2018 in General—09 Nov 18

Indorama Ventures Public Company Limited (IVL) brought the 3 eco-collections from RECO Young Designer Competition 2018 to showcase at Dutch Design Week 2018 in Eindhoven, Netherlands. It is the largest design event in Northern Europe which presents works

Indorama Ventures Reports Third Quarter 2018 Results Events—09 Nov 18

Indorama Ventures Public Company Limited (IVL), a global chemical producer, today announced results for the third quarter ending 30 September 2018. Highlights: - Revenue of $2,920 million in 3Q2018; Last Twelve Months 3Q2018 of $10,088 million, 34%

Indorama Ventures Takes Major Step towards a Circular Economy General—05 Nov 18

Indorama Ventures Public Company Limited (IVL), headquartered in Thailand has committed to further increase its use of post-consumer polyethylene terephthalate (PET) and polyester waste materials as feedstock for the future. Commenting on the recent

Indorama Ventures Expands Presence in Brazil with Entry into Fibers Stcoks—02 Nov 18

Indorama Ventures Public Company Limited (IVL), a global chemical producer, has announced that it has entered into an agreement to acquire M&G Fibras Brasil, in Cabo de Santo Agostinho, Brazil. The Cabo plant manufactures and supplies Polyester

IVL Receives 2 Sustainability Awards from SET Sustainability Awards General—01 Nov 18

Mr. Richard Jones (left), Senior Vice President – Corporate Communications, Sustainability and Head Office Human Resources, a representative of Indorama Ventures Public Company Limited (IVL) received the Thailand Sustainability Investment (THSI)

Indorama Ventures Takes Major Step towards a Circular Economy IT—31 Oct 18

Indorama Ventures Public Company Limited (IVL), headquartered in Thailand has committed to further increase its use of post-consumer polyethylene terephthalate (PET) and polyester waste materials as feedstock for the future. Commenting on the recent

Indorama Ventures Completes Acquisition of Kordarna Automotive—31 Oct 18

- Endorses IVL's position as the preeminent player in the tire cord industry and supports customer needs with integrated supply from feedstock to fabrics - Establishes IVL as the leading tire cord supplier in the growing and highly attractive European

Photo Release: Indorama Ventures Supports the Stock Exchange of Thailands Sustainability Stcoks—16 Oct 18

To support the Stock Exchange of Thailand (SET)'s sustainability initiatives, Indorama Ventures PCL ("IVL") volunteered to educate the SET's employees on their "SET: October Green Fest" day to encourage the public to understand more about waste

Eco-fashion brand ECOALF meets with closed-loop PET producer Indorama General—10 Oct 18

Mr. Javier Goyeneche, President & Founder of ECOALF and Mrs. Catia Cesari, TAU Investment Management, met Mr. Aloke Lohia, Group CEO, Indorama Ventures PCL at Indorama Ventures' Head Office in Bangkok. ECOALF is a sustainable fashion brand whose

Photo Release: IVL Arranges IVL Supports Recycling PET and Waste Separation Education General—08 Oct 18

Indorama Ventures Plc arranged an education roadshow called "IVL Supports Recycling PET and Waste Separation" throughout August to October 2018. The company sought to educate children in primary school and create awareness of how important it is to

Thai Beverage Industry Association, Coca-Cola and Indorama Ventures join forces to encourage using General—05 Oct 18

Thai Beverage Industry Association, The Coca-Cola system in Thailand and Indorama Ventures Public Company Limited have announced their collaboration to encourage the use of recyclable PET (rPET) in beverage packaging to help reduce the amount of virgin

Photo Release: Polo Shirt made from 12 recycled PET bottles General—04 Oct 18

Ms. Dolhatai Likanasudh, Deputy Manager, Indorama Ventures PCL, left, presents a polo shirt made from 12 recycled PET bottles to Ms. Wanweera Rachdawong, Chief Executive Officer, Thailand Management Association (TMA), on the occasion of TMA Global CEO

INDORAMA VENTURES AND LOOP INDUSTRIES JV TO INTRODUCE NEW ERA IN PET AND POLYESTER Stcoks—25 Sep 18

Indorama Ventures' world-class manufacturing and Loop's state-of-the-art recycling technology combined to invest in multi-billion dollar sustainable PET resin and polyester market opportunity Demand for supply of sustainable PET sees explosive growth

Chanajit Hnudat snatches top RECO Young Designer award for eco-fashion idea under the theme Stcoks—18 Sep 18

The RECO Young Designer Competition 2018 has come to an exciting end, with Mr. Chanajit Hnudat proudly sewing up the eco-challenge to bag the top award with his "Back to the Earth" design, receiving THB100,000 in cash and a free ticket courtesy of KLM

Ongoing Commitment to Sustainability Reiterates IVLs Inclusion in Dow Jones Sustainability Stcoks—14 Sep 18

Indorama Ventures Public Company Limited (IVL), a global chemical producer, is proud to announce that the Company has been listed in the Dow Jones Sustainability Index (Emerging Markets). The inclusion reaffirms IVL's commitment to leadership in

Photo Release: Indorama Ventures participating in Thailand National Science and Technology Fair IT—17 Aug 18

The CSR team from Indorama Ventures Head Office is joining the German Embassy with their pavilion at the Thailand National Science and Technology Fair 2018.The event is hosted by the National Science Museum, Ministry of Science & Technology

Indorama Ventures Reports Second Quarter 2018 and Half Year 2018 Results Stcoks—08 Aug 18

Indorama Ventures Public Company Limited (IVL), a global chemical producer, today announced results for the second quarter and first half ending June 30, 2018. Highlights: - Revenue of $2,618 million in 2Q2018; 1H2018 revenue of $5,032, 22% higher YoY -

Indorama Ventures Expands PET Recycling Capabilities with Acquisition of IT—01 Aug 18

Indorama Ventures Public Company Limited (IVL), a global chemical producer, announced that it has entered into an agreement to acquire Sorepla Industrie S.A., a plastics recycling facility in France. Founded in 1991, Sorepla Industrie is one of the

Indorama Ventures Completes Acquisition of Avgol Industries Stcoks—26 Jul 18

Indorama Ventures Public Company Limited (IVL), a global chemical producer, announced the completion of its acquisition of Avgol Industries, a leading global manufacturer of nonwoven hygiene fabrics, listed on the Israel's Tel Aviv Stock Exchange

Indorama Ventures to Acquire Kordแrna from Jet Investment General—29 Jun 18

Accelerates Growth in High Value Automotive Business Becomes the #1 Tire Cord Producer in Europe - Consolidates IVL's position as the major player in the tire cord industry and supports customer needs with integrated supply chain from feedstock to

Indorama Ventures to Support Manufacturing Revival in Egypt.Delighted to Team Up with Indian JV IT—15 Jun 18

EIPET will help Egypt generate US$300 million of positive trade balance as imported resin is phased out and net exports of resin and packaging commence. Indorama Ventures Portugal PTA will ensure feedstocks for EIPET with short transit times. Focus on

Indorama Ventures to Acquire Avgol Industries Stcoks—14 May 18

Indorama Ventures Public Company Limited (IVL), a global chemical producer, announced that it has entered into a definitive agreement to acquire a 65.72% stake in AVGOL INDUSTRIES 1953 LTD., an Israel-listed global manufacturer for a sum of US$ 1.62 per

TRIS Rating Assigns A+ Rating to Senior Unsecured Debt Worth Up to Bt20,000 Million of IVL with Stcoks—15 May 18

TRIS Rating affirms the company rating of Indorama Ventures PLC (IVL) and the ratings of IVL's existing senior unsecured debentures at "A+". TRIS Rating also affirms the rating of "A-" to IVL's subordinated capital debentures. At the same time, TRIS

Indorama Ventures Delivers Best Ever First-Quarter Results Quarterly EBITDA of THB 10,863 Stcoks—10 May 18

Indorama Ventures Public Company Limited (IVL), a global chemical producer, today reported financial results for the first quarter 2018. The Company has delivered another outstanding set of financial and operating metrics, underpinned by improvement in

Indorama Ventures Enters into a Joint Venture to Acquire the Integrated PTA-PET Assets in Corpus Stcoks—22 Mar 18

Corpus Christi Polymers LLC ("CC Polymers") - a newly formed joint venture between Alpek, S.A.B. de C.V. ("Alpek"), Indorama Ventures Holdings LP ("Indorama") a subsidiary of Indorama Ventures Public Company Limited, and Far Eastern Investment (Holding)

อินโดรามา เวนเจอร์ส จัดตั้งบริษัทร่วมทุน เพื่อเข้าซื้อกิจการ PTA-PET แบบบูรณาการ ที่เมืองคอร์ปัส หุ้น—22 Mar 18

บริษัท Corpus Christi Polymers LLC ("CC Polymers") ซึ่งเป็นบริษัทร่วมทุนที่จัดตั้งใหม่ในสัดส่วนที่เท่ากันระหว่างบริษัท Alpek, S.A.B. de C.V. ("Alpek") บริษัท Indorama Ventures Holdings LP ("Indorama") บริษัทย่อยทางอ้อมของบริษัท อินโดรามา เวนเจอร์ส จำกัด