Bangkok, Thailand – 31 October 2018 – 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 global agreement to combat plastic waste, led by the Ellen MacArthur Foundation, Mr. Aloke Lohia, Group CEO of Indorama Ventures, said,

“We are proud to be part of the Ellen MacArthur Foundation’s New Plastic Economy initiatives, and to work together with key players towards the vision of a circular economy for plastics. It is important for us to be able to offer added value to our customers with our product, while protecting the environment in the best possible way. This is a key step to help us achieve our aspiration of being a world-class chemical company making great products for society.

Global solutions are needed to address the root causes of plastic waste and pollution. We believes there is more to be done to ensure the positive role of a good and sustainable chemical company.”

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About Indorama Ventures

Indorama Ventures Public Company Limited (IVL) is a global chemical producer firmly committed towards developing technologies and processes that use post-consumer PET and polyester waste materials as feedstock for the future. As the largest producer of 100% recyclable PET in the world, we intend to ensure all aspects of the circular economy come to fruition, reducing waste found in the environment. By 2025, IVL is targeting to establish a substantial footprint in this direction across all the regions where it is present. The Company is listed in the Dow Jones Sustainability Index (DJSI).

Contacts

Richard Jones
Tel: +662.661.6661 ext. 680
richard.j@indorama.net

Naweensuda Krabuanrat
Tel: +662.661.6661 ext. 247
naweensuda.k@indorama.net

Note:

This document may contain “forward-looking statements” about the financial condition and results of operations of Indorama Ventures Public Company Limited (the “Company”), which are based on management’s current beliefs, assumptions, expectations and projections about future economic performance and events, considering the information currently available to the management. Any statements preceded by, followed by or that include the words “targets”, “believes”, “expects”, “aims”, “intends”, “will”, “may”, “anticipates”, “would”, “plans”, “could”, “should, “predicts”, “projects”, “estimates”, “foresees” or similar expressions or the negative thereof, identify or signal the presence of forward-looking statements as well as predictions, projections and forecasts of the economy or economic trends of the markets, which are not necessarily indicative of the future or likely performance of the Company.