Indorama Ventures Champions Industry Transformation and Circular Innovation at APIC 2025

Bangkok, Thailand, May 27, 2025 -- Indorama Ventures Public Company Limited, a global sustainable chemical producer, reinforced its leadership in shaping the future of the petrochemical industry at the Asia Petrochemical Industry Conference (APIC) 2025, held this year in Bangkok.

Under the theme “Ensuring a Transformed World Prosperity – Action for Planet with Innovation and Collaboration,” APIC 2025 promoted the petrochemical industry’s role in driving growth and building a sustainable future amid fundamental structural shifts in the sector, which aligns with Indorama Ventures’ brand promise to deliver indispensable chemistry through sustainable solutions.

Indorama Ventures joined some 1,500 delegates from across the globe to discuss sustainability, innovation, and industry cooperation. Ahead of the event, the company’s Combined PET segment, the world’s largest producer and recycler of PET bottles, hosted a reception for about 200 customers, suppliers and partners, including a traditional Thai puppet performance and an interactive VR experience of Indorama Ventures’ 360 Gallery.

Speaking at the event, Mr. Aloke Lohia, Group CEO of Indorama Ventures, emphasized that collaboration across the value chain is critical to building long-term resilience and relevance in a shifting global landscape:

“Our global diversity gives us the agility to meet change with confidence and to remain dependable no matter the environment. It is this quiet strength that makes us a partner you can rely on, for today and for what lies ahead. The future of our industry won’t be written in isolation. It will be shaped, once again, through collaboration. Through shared purpose. Through indispensable chemistry.”

Driving Sustainability Through Innovation

At a APIC 2025 panel discussion titled “Reimagining Petrochemicals”, Dr. Anthony Watanabe, Chief Sustainability Officer, explored how the industry must move beyond incremental change by adopting systemic innovation, improving sourcing transparency, and accelerating climate-positive technologies.

Complementing this vision, Dr. Tinnabhop Santadkha, Sustainability Innovation Specialist, delivered a keynote on “Indorama Ventures’ Alternative Feedstocks.” He outlined how the company is investing in bio-based materials, chemical recycling, and alternative feedstocks to reduce emissions and enable a circular economy at scale.

Scaling Impact at the Grassroots Level

In a session focused on circular economy ecosystems, Ms. Naweensuda Krabuanrat, Head of Global CSR, Global Recycling Education and Thai Advocacy, spotlighted the company’s work in building community-based PET collection systems and driving education through public-private collaboration. Her presentation underscored a key takeaway: that systems-level change requires both infrastructure and behavior change. The company’s recycling infrastructure and public-private partnerships are contributing to a more sustainable value chain.

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