What does Indorama Ventures do?

Indorama Ventures (IVL) is a leading global petrochemical company based in Bangkok, Thailand, founded in 1994. It has established itself as the world's largest producer of PET resins and a major manufacturer of polyester fibers, wool yarns, and related intermediates. The company has expanded significantly through acquisitions and vertical integration, with operations spanning four continents. IVL's product offerings include a wide range of petrochemical intermediates and downstream products, focusing on the polyester value chain. Key products include PET resins, polyester fibers, purified terephthalic acid (PTA), and various specialty fibers. The company is also involved in recycling and has made strides in sustainable practices, aligning with consumer trends. IVL operates numerous production facilities globally, including in the US, Europe, and Asia, and continues to pursue growth through strategic partnerships and joint ventures.