05 Jul 2024 --- Thailand-headquartered petrochemicals producer Indorama Ventures has secured a new seven-year loan totaling US$200 million from the International Finance Corporation (IFC) to help fund the growth of the company’s strategic sustainability programs in India, Thailand and Indonesia. The funds will be used to finance sustainability initiatives that bolster Indorama Ventures’ strategic footprint in PET recycling. These also include enhancing efficiency at the company’s existing recycling facilities at Nakhon Pathom and Rayong in Thailand, launching a “state-of-the-art” plant in Karawang in Indonesia and establishing new recycling plants in India.
