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. The company is a worldwide petrochemical enterprise that operates throughout the whole polyester value chain. It is a world-class sustainable chemical company with a global integrated lead in PET and fibers, serving major customers in diversified end-use markets. The company’s operations and products are diverse, and they have a strong focus on sustainability and responsible business practices.
Their goal is to ensure economic prosperity and sustainability for all their stakeholders. They measure their success not just by economic gains but by their achievements in preserving the environment, thereby benefiting society. They have set several goals and objectives, with a strong focus on sustainability and responsible business practices. While their specific goals and initiatives may evolve over time, some common goals for the company include:
Sustainable Growth: Indorama Ventures is dedicated to upholding social and environmental responsibility while pursuing sustainable growth in the petrochemical sector.
creativity: To create novel and cutting-edge materials and technologies that improve the sustainability of their goods and the industry
Plastic recycling: plastic recycling is an important goal, with an emphasis on minimizing plastic waste and producing goods from recycled materials.
These are some goals of the company. The company has made sustainability a central part of its business strategy. They are involved in various sustainability efforts, including plastic recycling, waste reduction, and resource efficiency.
Indorama Ventures is a multinational chemical firm that prioritizes the circular economy and sustainability. They have been making a concerted effort to lessen their environmental impact and encourage sustainability in their business practices. Among the major projects and areas of concentration are:
1. Recycling and Circular Economy: Indorama Ventures is a significant participant in the PET (polyethylene terephthalate) fibre and resin market. Their efforts have been focused on reducing plastic waste and advancing a circular economy through the use of recycled PET (rPET) and investments in recycling systems.
2. Sustainable Sourcing: To ensure a sustainable supply chain, the company is dedicated to the responsible use of raw materials, such as polyester and PET resin. To reduce their supply chain’s negative effects on the environment and society, they strive for transparency and traceability.
- Energy Efficiency: To cut down on energy use and greenhouse gas emissions, Indorama Ventures has included energy-efficient procedures in its production operations.
- Waste Reduction: The business has procedures in place to reuse and recycle waste materials in an effort to reduce the amount of trash that is produced.
- 5. Water Management: They are focused on efficient water management, aiming to reduce water consumption and improve water quality in their facilities.
They also have various sustainability and corporate responsibility programs in place to ensure they operate in a socially and environmentally responsible manner. These efforts are in line with the more general objectives of encouraging sustainability, reducing environmental effects, and implementing the circular economy’s ideas.
Environmental sustainability is a key component of Indorama Ventures’ operations. They are working to be environmentally sustainable in the following important ways:
- Resource Efficiency: Indorama Ventures makes an effort to use energy and water resources as effectively as possible. They use techniques and technology to cut back on resource usage and minimise their environmental impact.
- Recycling and Circular Economy: The company is actively involved in recycling and promoting the use of recycled materials, particularly PET (polyethylene terephthalate).
3.Waste Reduction: Indorama Ventures aims to increase waste recycling and reuse while reducing waste output. To minimise the effect of their activities on the environment, they employ waste management techniques.
Emissions Reduction, Water Management and Sustainable Source Through these efforts support a more sustainable and responsible approach to company operations and production, and they are consistent with their larger commitment to environmental sustainability.
The company also has a strong emphasis on social sustainability in its operations.
The company focuses on providing a safe and healthy working environment for its employees. One of their top priorities is making sure that the communities surrounding the company and the workers are both healthy and safe.
These initiatives are an example of Indorama Ventures’ dedication to social sustainability and their mission to have a beneficial influence on customers and the communities in which they operate
They offer various career opportunities and employment options in the field of sustainable recycling and related areas. Here’s an overview of the types of careers and employment opportunities.
Sustainability & Environmental Management: Environmental responsibility and sustainability are top priorities for Indorama Ventures. As a result, they could have openings for those looking for jobs in environmental compliance, sustainable practices, and sustainability reporting.
Research and Development: In order to produce innovative and environmentally friendly materials, the firm makes research and development investments. R&D careers entail developing new materials, optimizing processes, and recycling technology.
Recycling Operations: This includes roles in the management and operation of recycling facilities. Managing the gathering, sorting, and processing of recyclable materials may fall under the responsibility of these roles.
Waste Management and Resource Recovery: Resource recovery and waste management include managing waste streams and extracting valuable materials from trash.
Indorama Ventures’ commitment to sustainability and recycling is likely to create career opportunities for individuals who are passionate about these areas. A career in sustainable recycling includes supporting eco-friendly practices and less waste by working in a variety of sectors and jobs. A strong dedication to sustainability and environmental protection is necessary.