Indorama Ventures is taking steps to effectively reduce emissions. The company has developed a policy and strategic framework within which to take action and reduce negative climate change impacts. It is fully committed to finding pathways to develop effective low-carbon strategies that alleviate climate change. Its aspiration is to be a world-class chemical company making great products for society, growth resting on positive environmental and social continuity as well as ethical performance.

Chemical producer IVL now operates on a global scale of an integrated polyester value chain and HVA platform, with a more resilient product and geographic mix. Indorama’s fiber portfolio includes polyester fibers and yarns, polyolefin fibers and bicomponent fibers for various applications, including apparel.

The company will continue to pursue value accretive opportunities in its key segments to further strengthen the foundations of sustainable performance. The strategy to drive sustainable and profitable growth in both high-volume necessities and the stable but high margin and high value-added HVA business continues. The company further upgraded its portfolio through organic growth, operational excellence initiatives, value accretive acquisitions and strategic integrations.

Indorama joins companies that are making efforts to prevent dangerous climate change and environmental damage. Industry fundamentals continue to be positive, led by strong demand growth for 100 per cent recyclable PET, supply balance and on-going improvements seen in the PET industry.