Eco-fashion brand ECOALF meets with closed-loop PET producer Indorama Ventures.

General Press Releases Wednesday October 10, 2018 09:23

Bangkok–10 Oct–Indorama Ventures

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 objective is to reduce the negative impact of the fashion industry and the indiscriminate use of natural resources. They manufacture fashion products made with recycled materials which provide the same quality, design and technical properties as the best non-recycled products.

Indorama Ventures (IVL) is excited to meet and support organizations committed to sustainability and has been playing a key role in promoting the circular economy and environmental sustainability globally. The company believes that recycling is one of the most responsible solutions for the preservation of resources and reduction of landfills.

Indorama Ventures is the largest producer of easily-recyclable PET that runs its own closed-loop activities: recycling used PET bottles to bottle flakes (rPET) and recycled fibers. The company has recycling units in North America, Europe and Asia and has been investing in new technologies, such as chemical recycling, that will help advance the circular economy.

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 the Americas. The company’s portfolio comprises Necessities and High Value-Added (HVA) categories of Polymers, Fibers and Packaging, selectively integrated with self-manufactured Ethylene Oxide/Glycols and PTA where economical. Indorama Ventures products serve major FMCG and Automotive sectors, i.e. Beverages, Hygiene, Personal Care, Tire and Safety segments. Indorama Ventures has approx. 16,000 employees worldwide and consolidated revenue of US$ 8.4 billion in 2017. The Company is listed in the Dow Jones Sustainability Index (DJSI).

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