Indorama Corporation
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Indorama Corporation is a Singapore-based corporate group with origins as Indorama Synthetics, established in 1975 in Indonesia. It manufactures
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 b ...
,
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 a ...
, polyester fibre, Spandex filament, spun yarns, fabrics, and other products. It has a presence in several countries and is a major producer of
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 speciali ...
s.


History

The business began in 1975 with the establishment of Indorama Synthetics in
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 Purwaka ...
, an Indonesian town in
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 ...
, 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 Polyester is a category of polymers that contain the ester functional group in every repeat unit of their main chain. As a specific material, it most commonly refers to a type called polyethylene terephthalate (PET). Polyesters include natura ...
and
polyethylene terephthalate Polyethylene terephthalate (or poly(ethylene terephthalate), PET, PETE, or the obsolete PETP or PET-P), is the most common thermoplastic polymer resin of the polyester family and is used in fibres for clothing, containers for liquids and food ...
(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 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 operati ...
—another corporate group of the Lohia family, headed by Sri Prakash's brother
Aloke ALOKE is an American post-hardcore band that was formed by Christian Zucconi, Paul DeCourcey and Alex Charpentier in Ossining, New York, in 2004. During their career, the band released one live album and three EPs, before disbanding in the summe ...
—and Indorama Corporation established in Singapore as a holding company for Indorama Synthetics. The group is now managed by Sri Prakash's son Amit.


References

{{Authority control Holding companies of Singapore Singaporean companies established in 2009 Lohia family