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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] |
India
India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand, Myanmar, and Indonesia. Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago., "Y-Chromosome and Mt-DNA data support the colonization of South Asia by modern humans originating in Africa. ... Coalescence dates for most non-European populations average to between 73–55 ka.", "Modern human beings—''Homo sapiens''—originated in Africa. Then, int ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 The Lohia family is a business ... [...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 immediate f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mohan Lal Lohia
Mohan Lal Lohia (21 December 1930 – 1 June 2017) was an Indian businessman and business magnate, who founded the Indorama Corporation and the Lohia Foundation. The billionaires, Sri Prakash Lohia and Aloke Lohia are his sons. Early life and education Mohan Lal Lohia was born on 21 December 1930, in Ratangarh, Rajasthan, India. He was educated in Jogbani, near the India–Nepal border. Career In 1950 Lohia travelled to Burma (Myanmar), where he started working as a raw material purchase manager for an embroidery and lace manufacturing production. This job frequently took him to other countries such as Singapore and Japan. In the same year he started his own business as a textile manufacturer. According to his eldest son, Om Prakash, Lohia predicted the reforms passed by the Burmese government in 1963, which ordered foreign manufacturers to vacate their businesses and move out of Burma. Prior to that he had already established an embroidery and lace factory in Bangkok and a k ... [...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] |
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] |
Lakshmi Mittal
Lakshmi Niwas Mittal (; born 15 June 1950) is an Indian steel magnate, based in the United Kingdom. He is the Executive Chairman of ArcelorMittal, the world's second largest steelmaking company, as well as Chairman of stainless steel manufacturer Aperam. Mittal owns 38% of ArcelorMittal and holds a 3% stake in EFL Championship side Queens Park Rangers. In 2005, ''Forbes'' ranked Mittal as the third-richest person in the world, making him the first Indian citizen to be ranked in the top ten in the publication's annual list of the world's richest people. He was ranked the sixth-richest person in the world by ''Forbes'' in 2011, but dropped to 82nd place in March 2015. He is also the "57th-most powerful person" of the 72 individuals named in ''Forbes "Most Powerful People" list for 2015. His daughter Vanisha Mittal's wedding was the second-most expensive in recorded history. Mittal has been a member of the board of directors of Goldman Sachs since 2008. He sits on the World Stee ... [...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] |
