Indorama Marks 50 Years of

Global Growth and Innovation

Indorama Marks 50 Years of Global Growth and Innovation

Indorama Corporation, the parent company of YTY Group, is pleased to mark five decades of global growth and innovation this year.  Founded in 1975, Indorama has grown from a modest single-site textile factory in Indonesia to a global provider of essential materials that better lives.  With a portfolio that spans medical gloves, fertilizers, petrochemicals, fibers, and polymers, Indorama has pursued innovation and manufacturing excellence at every stage of its growth to attain what is now a leadership position in each of its key verticals.  Today, Indorama Corporation has over 26,000 employees, more than 40 manufacturing sites, and in excess of $6 billion in revenue.
To mark this achievement, Indorama has, over the course of this year, held a series of commemorative events in various regional centers around the theme of “Celebrating the Essentials.”  Each of the primary events was presided over by Mr. SP Lohia, Chairman of Indorama, and Mr. Amit Lohia, Vice Chairman of Indorama.  Also in attendance were members of the family, longstanding Indorama employees, customers, dignitaries, ambassadors, heads of state, and other invited luminaries.  Special tribute was paid in each instance to Mr. ML Lohia, the father of Mr. SP Lohia, who had the courage and foresight to set-up a manufacturing facility in Indonesia at a time when such types of cross-border investments were uncommon.
Mr. SP Lohia, Chairman of Indorama, noted in his keynote address “Indorama’s Golden Jubilee is a special moment for all of us.  It underscores the belief and collective spirit that has shaped our journey over the past five decades.  As we reach this milestone, we seek to honor our heritage while positioning ourselves for the future.  However, irrespective of how our business strategies may evolve, what will not change is Indorama’s commitment to pursuing innovation through science and technology, bettering lives by providing essential materials, and pursuing growth in an inclusive, sustainable, and responsible manner.”
Mr. Amit Lohia, Vice Chairman of Indorama, paid special tribute to the thousands of employees of Indorama, including the many who have spent decades at the organization.  He noted “Indorama began not as a grand plan, but as a simple belief.  That with integrity, hard work, and trust, you can build something that endures.”  Amit went on to note “We have many stakeholders to thank as contributors to our success.  Key amongst this group, however, are our valued employees, who give their best every single day.”
Mr. Vikram Hora, CEO of YTY Group, a wholly-owned subsidiary of Indorama Corporation, notes “This milestone is a testament to the tremendous vision of the Lohia family.  For any organization to endure for 50 years is extraordinary.  In this case, Indorama’s success is the result of excellence in execution, sound investment strategies, and deep financial discipline. YTY is honored to be part of the Indorama group of companies, and we remain fully committed to the foundational values that guide the group today.  I look forward to leading our team to do our part to ensure Indorama grows from strength to strength, and continues to deliver enduring value to the communities and stakeholders we serve.”
Here are but a few of the Indorama facilities located around the world:
Indorama Marks 50 Years
Indorama Eleme Petrochemicals is the largest producer of polyolefins in West Africa.
Indorama India Pvt Ltd (Jagdishpur)
Indorama India manufactures urea from Uttar Pradesh, serving customers throughout Northern and Eastern India.
JSC Rustavi Azot (Georgia)
JSC Rustavi Azot is one of the largest producers of fertilizers and industrial chemical products in the Caucasus region.