Bangkok, Thailand – 24 May 2019 – Indorama Ventures Public Company Limited (IVL), a global chemical producer, announced the appointment of two new senior leadership; Chief Strategy Officer (CSO) and Chief Human Resources Officer (CHRO), effective from 1 April 2019.

The senior leadership appointments is part of the Company’s ongoing transformational journey to ensure the Company can respond to the fast-changing environment globally and is best positioned to deliver on its value proposition to all stakeholders. The two new C-Suite executives who are also part of the IVL Executive Management Committee are:

  • Dr. Deepak Parikh has been appointed to the role of Chief Strategy Officer.

Dr. Parikh brings more than 30 years of experience in the Chemical sector; most recently as President and Chief Executive Office of Clariant Corporation North America. He has also served as Vice Chairman and Managing Director of Clariant Chemicals (India) Limited of a publicly listed company, as well as presiding over Clariant’s Middle East and Africa region. Prior to joining Clariant, Dr. Parikh was engaged for a total of 20 years with Dow Chemical, DuPont, Invista and about five years with private equity firms. Dr. Parikh was regional president for the IMEA Region of Dow Chemical and Regional President for the Asia Region during his tenure at DuPont. Dr. Parikh is a holder of 45+ USA patents and a proven visionary and thought leader.

Dr. Parikh will play a pivotal role in leading the evolution and implementation of the further transformation of IVL, and drive IVL’s strategic vision of being a world-class chemical company. His responsibilities will include driving the Company’s momentum by working in coordination with operations and corporate leaders across the organization to shape the strategic agenda with regard to Portfolio, people, sustainability, IT enablers, and Digitalization.

  • Mr. Roberto Bettini has been appointed to the role of Chief Human Resources Officer.

Mr. Bettini graduated with an Economics degree from the University of Modena, Italy. He started his career in 1986 in the food Industry, and in 1993 he joined Tetra Pak where he held various international senior HR positions and was based in Italy, USA, Sweden, Thailand and Switzerland. In 2009 he was appointed Executive HR Vice President for the Sidel Group, based in Switzerland.

Mr. Bettini will be responsible for leading all aspects of IVL’s people strategy and ensure alignment with business strategy in rapid growth and transformation. He will also lead the enhancement of the company culture to drive the high-performance organization that will help fuel the next phase of growth.

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About Indorama Ventures
Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Africa, Asia, Europe and Americas. The company’s portfolio comprises Integrated PET, Fibers, Packaging, Specialty Chemicals and Olefins. Indorama Ventures products serve major FMCG and Automotive sectors, i.e. Beverages, Hygiene, Personal Care, Tire and Safety segments. Indorama Ventures has approx. 19,000 employees worldwide and consolidated revenue of US$ 10.7 billion in 2018. The Company is listed in the Dow Jones Sustainability Index (DJSI).

Indorama Ventures is headquartered in Bangkok, Thailand with global operating sites in

EMEA: The Netherlands, Germany, Ireland, France, UK, Italy, Denmark, Lithuania, Poland, Czech Republic, Luxembourg, Spain, Turkey, Nigeria, Ghana, Portugal, Israel, Egypt, Russia, Slovakia, Austria
Americas: USA, Mexico, Canada, Brazil
Asia: Thailand, Indonesia, China, India, the Philippines, Myanmar

Richard Jones
Tel: +662.661.6661 ext. 680

Naweensuda Krabuanrat
Tel: +662.661.6661 ext. 247

This document contains “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. Results given here are “Core”, which means excluding inventory gain/losses and one-time extraordinary items