Plastics Circularity
Investment Tracker

The Circulate Initiative's Plastics Circularity Investment Tracker, launched in cooperation with the International Finance Corporation (IFC), provides insights into private investments in plastics circularity globally.

  • Investment data is available by geography, archetypes and investment categories on deals that took place between January 1, 2018 and December 31, 2023.
  • Compare investments across archetypes and investment categories across countries.
  • View the profiles of 24 global investors in plastics circularity.

For example, the tool can be used to identify the private equity investments in recycling in India, Indonesia, and Thailand for the years 2019, 2020, and 2021.

SIAW23
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Thailand
Headquarters
Thailand

Indorama Ventures Public Company Limited

Indorama Ventures Public Company Limited operates recycling facilities that produce flakes, rPET resins, and recycled polyester yarns across Asia, Europe, and Americas. In 2023, it utilized 324,256 metric tonnes of post-consumer PET bale input for recycling. Indorama Ventures has been expanding its plastics circularity contribution through acquisition and joint ventures, investing in recycling and plastic material alternative businesses.
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Deal Value (USD)

> 500M - 1B

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Number of Deals

12

Profile
Established Year2010
Company DescriptionIndorama Ventures Public Company Limited, listed in Thailand, is one of the world’s leading petrochemical producers, with a global manufacturing footprint across Europe, Africa, Americas, and Asia Pacific. The company’s portfolio comprises of combined PET, integrated oxides and derivatives, and fibers. Indorama Ventures products serve major FMCG and automotive sectors, i.e., beverages, hygiene, personal care, tire, and safety segments. Indorama Ventures has about 26,000 employees worldwide and reported revenue of US$ 15.6 billion in 2023. The Company is listed in the Dow Jones Emerging Markets and World Sustainability Indices (DJSI).
HQ Location Bangkok, Thailand
Operating RegionsGlobal
Investor TypeCorporate Investor
VisionTo be a world-class sustainable chemical company producing indispensable chemistry that touches billions of lives every day.
MissionWe commit to be a responsible industry leader leveraging on the excellence of our people, processes, and technologies to create value for our stakeholders.
Key Management Member (Name)Dilip Kumar Agarwal
Key Management Position (Title)Deputy Group Chief Executive Officer and Group Chief Financial Officer
Contactir@indorama.net
Websitehttps://www.indoramaventures.com/en/home
Investment and Deals
No. of Plastics Circularity Deals12
Total Deal Value of Plastics Circularity Deals (USD)> 500M - 1B
Impact Theme(s)Recycling, Materials

* Based on aggregated data for all plastics circularity deals for the period 2018 to 2023 researched by The Circulate Initiative. Investment ranges may include co-investments and information that may not be available publicly.

Indorama Ventures - Carbios Joint VentureFranceRecycling2023> 100Mtrue-icon
PolymateriaUnited KingdomMaterials2023> 10M - 50Mtrue-icon
UCY Polymers CZCzech RepublicRecycling2022> 5M - 10Mfalse-icon
CarbonLite (California Plant)United StatesRecycling2021> 50M - 100Mfalse-icon
Indorama Ventures (Sustainability-Linked Bond)ThailandRecycling2021> 100Mfalse-icon
Company
Indorama Ventures - Carbios Joint Venture
Polymateria
UCY Polymers CZ
CarbonLite (California Plant)
Indorama Ventures (Sustainability-Linked Bond)
Company HQFranceUnited KingdomCzech RepublicUnited StatesThailand
ArchetypeRecyclingMaterialsRecyclingRecyclingRecycling
Deal Year20232023202220212021
Deal Size Range (USD)> 100M> 10M - 50M> 5M - 10M> 50M - 100M> 100M
Co-Investmenttrue-icontrue-iconfalse-iconfalse-iconfalse-icon

* Up to five most recent deals with publicly available information

Notes:

1. Investment is defined as private financing in the form of grants, equity/quasi-equity, debt, and blended finance structures, including credit guarantees and other similar financial instruments.

2. Deals with undisclosed deal values are included in the deal count but excluded from deal value calculations.

Last Updated:
July 30, 2024
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