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Indorama Corporation
Indorama Corporation is a Singapore-based corporate group with origins as Indorama Synthetics, established in 1975 in Indonesia. It manufactures polyethylene, polypropylene, polyester fibre, Spandex filament, spun yarns, fabrics, and other products. It has a presence in several countries and is a major producer of polyolefins. History The business began in 1975 with the establishment of Indorama Synthetics in Purwakarta, an Indonesian town in West Java, by Mohan Lal Lohia and his son Sri Prakash Lohia, immigrants from India. The business expanded from a small spun-yarn manufacturer to become the largest textile raw materials producer in Indonesia, diversifying into production of polyester and polyethylene terephthalate (PET) raw materials and later expanding into petrochemicals in Africa. In 2008, the business was reorganized, with the polyester and PET businesses sold to Thailand-based Indorama Ventures—another corporate group of the Lohia family, headed by Sri Prakash's bro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Polyolefin
A polyolefin is a type of polymer with the general formula (CH2CHR)n where R is an alkyl group. They are usually derived from a small set of simple olefins (alkenes). Dominant in a commercial sense are polyethylene and polypropylene. More specialized polyolefins include polyisobutylene and polymethylpentene. They are all colorless or white oils or solids. Many copolymers are known, such as polybutene, which derives from a mixture of different butene isomers. The name of each polyolefin indicates the olefin from which it is prepared; for example, polyethylene is derived from ethylene, and polymethylpentene is derived from 4-methyl-1-pentene. Polyolefins are not olefins themselves because the double bond of each olefin monomer is opened in order to form the polymer. Monomers having more than one double bond such as butadiene and isoprene yield polymers that contain double bonds ( polybutadiene and polyisoprene) and are usually not considered polyolefins. Polyolefins are the foun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Companies Of Singapore
{{disambiguation ...
Holding may refer to: * Holding an object with the hands, or grasping * Holding (law), the central determination in a judicial opinion * Holding (aeronautics), a manoeuvre in aviation * Holding (surname) * Holding company, a company that owns stock in other companies * Holding (American football), a common penalty in American football * '' The Miroslav Holding Co.'', 2001 Croatian film also released as ''Holding'' * "Holding", an episode of the American animated television series '' Beavis and Butt-Head'' * ''Holding'' (TV series), a 2022 TV series See also * * * Smallholding * Hold (other) * The Holding (other) * " Holdin'," a song by Diamond Rio * Hoarding * Possession (law) In law, possession is the control a person intentionally exercises toward a thing. Like ownership, the possession of anything is commonly regulated by country under property law. In all cases, to possess something, a person must have an inten ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aloke Lohia
Aloke Lohia (born 1958) is an Indian billionaire businessman, and the founder and CEO of Indorama Ventures. Early & personal life Lohia was educated at Delhi University, where he received a bachelor of commerce degree. Lohia is married to Suchitra Lohia, a director and vice chairman of the Indorama Ventures. They have a daughter and two sons together. Career From 1979 to 1987, Lohia was the finance director of P.T. Indorama Synthetics, Indonesia. In 1988, he moved to Thailand, where he founded Indorama Chemicals (now known as Aurus Specialty Company Limited) to turn corncobs into furfural alcohol, supported financially by the German Investment Corporation. Lohia started Thailand's first wool business under the name Indorama Holdings in 1994 before starting Thailand's first PET ( Polyethylene Terephthalate) business, Indorama Polymers, in 1995. In February 2010, Lohia delisted Indorama Polymers and simultaneously listed its parent company Indorama Ventures on the Stock ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lohia Family
The Lohia family is a business family of Indian origin, doing business in the textile and petrochemicals industries under the umbrella corporate name Indorama. They own Indonesia/Singapore-based Indorama Corporation and Thailand-based Indorama Ventures, and were ranked by ''Forbes'' as the 29th richest family in Asia in 2017. The family progenitor is Mohan Lal Lohia, who migrated to Indonesia in 1973, where he established Indorama Synthetics with his son Sri Prakash in 1975. Sri Prakash's younger brother Aloke moved to Thailand and established Indorama Ventures in 1994. Indorama Corporation was established in Singapore in 2009 as a holding company for Sri Prakash's side of the business, and is managed by his son Amit. Mohan Lal's oldest son, Om Prakash, runs Indo Rama Synthetics in India, which is owned independently from the two international corporate groups. The family also has ties to Lakshmi Mittal Lakshmi Niwas Mittal (; born 15 June 1950) is an Indian steel magnate, bas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indorama Ventures
Indorama Ventures (IVL) is a producer of intermediate petrochemicals industry, the world's largest producer of PET resins, and a manufacturer of wool yarns established by Aloke Lohia in Bangkok in 1994. History IVL commenced business operations in 1994 with the establishment of the first worsted wool yarn producer in Thailand. In 1995, IVL established its first PET resin facility in Thailand. It expanded into North America in 2003 by acquiring a StarPet facility, and into Europe in 2006, by establishing a PET facility under the company Orion Global. In 2008, the company acquired Tuntex Thailand, the largest polyester fiber producer in Thailand. In 2009, merged its polyester operations into Tuntex and renamed the combined entity Indorama Polyester Industries. IVL became a public company on September 25, 2009. As of December 31, 2014, it was owned 99.99% by Canopus International, which is owned by Aloke Lohia and his immediate family and Sri Prakash Lohia and his immediat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
West Java
West Java ( id, Jawa Barat, su, ᮏᮝ ᮊᮥᮜᮧᮔ᮪, romanized ''Jawa Kulon'') is a province of Indonesia on the western part of the island of Java, with its provincial capital in Bandung. West Java is bordered by the province of Banten and the country's capital region of Jakarta to the west, the Java Sea to the north, the province of Central Java to the east and the Indian Ocean to the south. With Banten, this province is the native homeland of the Sundanese people, the second-largest ethnic group in Indonesia. West Java was one of the first eight provinces of Indonesia formed following the country's independence proclamation and was later legally re-established on 14 July 1950. In 1966, the city of Jakarta was split off from West Java as a 'special capital region' (), with a status equivalent to that of a province, while in 2000 the western parts of the province were in turn split away to form a separate Banten province. Even following these split-offs, West Java ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Purwakarta
Purwakarta (Dutch: Poerwakarta) is a district and town in West Java, Indonesia which serves as the regency seat of the Purwakarta Regency. It had a population of 165,447 at the 2010 Census,. rising to 179,233 at the 2020 Census. History Purwakarta's existence is inseparable from the history of the struggle against the forces of the Dutch East India Company (Dutch: Vereenigde Oostindische Compagnie, VOC, "United East India Company"). Around the beginning of the 17th century Sultan Mataram sent an army led by the Regent of Surabaya and West Java. One aim was to subdue the Sultan of Banten. But in a way that clashed with VOC forces had to withdraw. After the second expedition was sent back from the troops under the command of Mataram Dipati Ukur and suffered the same fate. To prevent territorial expansion of the company (VOC), the Sultan of Mataram sent Penembahan Galuh Ciamis named RAA Wirasuta the title Duke or Duke Panatayuda Kertabumi III to occupy Rangkas Sumedang (Eastside Ci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Polypropylene
Polypropylene (PP), also known as polypropene, is a thermoplastic polymer used in a wide variety of applications. It is produced via chain-growth polymerization from the monomer propylene. Polypropylene belongs to the group of polyolefins and is partially crystalline and non-polar. Its properties are similar to polyethylene, but it is slightly harder and more heat-resistant. It is a white, mechanically rugged material and has a high chemical resistance. Bio-PP is the bio-based counterpart of polypropylene (PP). Polypropylene is the second-most widely produced commodity plastic (after polyethylene). In 2019, the global market for polypropylene was worth $126.03 billion. Revenues are expected to exceed US$145 billion by 2019. The sales of this material are forecast to grow at a rate of 5.8% per year until 2021. History Phillips Petroleum chemists J. Paul Hogan and Robert Banks first demonstrated the polymerization of propylene in 1951. The stereoselective polymerizat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sri Prakash Lohia
Sri Prakash Lohia (born 11 August 1952) is an Indian-born Indonesian billionaire businessman, and the founder and chairman of Indorama Corporation, a diversified petrochemical and textile company. Lohia hails from India, but has spent the majority of his professional life in Indonesia since 1974. In 2013, ''Forbes'' ranked him as the 6th richest person in Indonesia, with a net worth of US$3 billion. Early life Lohia was born in Kolkata on 11 August 1952 to Mohan Lal Lohia and Kanchan Devi Lohia. He has three brothersOm, Ajey (original name Ajay Prakash), and Aloke (original name Alok or Anil Prakash)and one sisterAruna. Career In 1973, Lohia moved to Indonesia with his father Mohan Lal Lohia and started Indorama Synthetics, which began to manufacture spun yarns in 1976. The company was divided in the late 1980s by Mohan Lal Lohia between his three sons to avoid family disputes in the future. Lohia's elder brother Om Prakash moved to India and set up Indorama Synthetics. A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Polyethylene
Polyethylene or polythene (abbreviated PE; IUPAC name polyethene or poly(methylene)) is the most commonly produced plastic. It is a polymer, primarily used for packaging ( plastic bags, plastic films, geomembranes and containers including bottles, etc.). , over 100 million tonnes of polyethylene resins are being produced annually, accounting for 34% of the total plastics market. Many kinds of polyethylene are known, with most having the chemical formula (C2H4)''n''. PE is usually a mixture of similar polymers of ethylene, with various values of ''n''. It can be ''low-density'' or ''high-density'': low-density polyethylene is extruded using high pressure () and high temperature (), while high-density polyethylene is extruded using low pressure () and low temperature (). Polyethylene is usually thermoplastic, but it can be modified to become thermosetting instead, for example, in cross-linked polyethylene. History Polyethylene was first synthesized by the German chemis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spandex
Spandex, Lycra, or elastane is a synthetic fiber known for its exceptional elasticity. It is a polyether-polyurea copolymer that was invented in 1958 by chemist Joseph Shivers at DuPont's Benger Laboratory in Waynesboro, Virginia, US. The generic name "spandex", which is an anagram of the word "expands", is the preferred name in North America. In continental Europe, it is referred to by variants of "elastane", including (France), (Germany, Sweden), (Spain), (Italy), and (Netherlands); and in the UK, Ireland, Portugal, Spain, Latin America, Australia, and New Zealand, it is primarily known as "Lycra". Brand names for spandex include Lycra (made by The Lycra Company, previously a division of DuPont Textiles and Interiors), Elaspan (The Lycra Company), Acepora (Taekwang Group), Creora (Hyosung), INVIYA ( Indorama Corporation), ROICA and Dorlastan (Asahi Kasei), Linel (Fillattice), and ESPA ( Toyobo). History In the post-World War II era, DuPont Textiles Fibers Departm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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