MOSCOW (MRC) -- Indorama Ventures Public Company Limited (IVL), a global chemical producer, led by its Integrated Oxides and Derivative business (IOD), successfully adapted its facilities in the US to manufacture hand sanitizers, said the producer on its site.
These are hygiene products that help protect people from Covid-19 infection.
The initiative was a result of close collaboration between IVL’s experts in The Woodlands, Port Neches and Dayton, in the USA, Ankleshwar in India, and Botany in Australia provide more than 50 tons of sanitizers to government and public sectors throughout the USA. The company also expects to apply the same process to manufacture sanitizers at its international sites in order to help relieve the global shortage of essential supplies.
Mr Alastair Port, President of IOD, said "we are very proud of our teams, who have worked on a global platform, to rapidly bring these products to our local communities and front line workers, to help them fight the spread of this virus."
Mr. Dilip Kumar Agarwal, Chief Executive Officer of the PET and Feedstock Business at Indorama Ventures Public Company Limited, said, "In this moment, every sector wants to help battle the Covid-19 outbreak together. At IVL, apart from other forms of social contribution, our experts have collaborated to develop products with an aim to help relieve the stress of this pandemic. With our specialized knowhow, IVL facilities across the world are now developing their business to be able to produce hygiene necessities where possible. We aim to do our best and will explore what more we can do. We believe that a joint effort is needed to lead our society to overcome this crisis soon."
The Integrated Oxides and Derivative business (IOD) of IVL is a leading producer of surfactants used to manufacture home and personal care and agrochemical products, globally serving major brands. This enables the company to address a wider range of needs at this critical time.
As MRC reported earlier, in March 2020, Indorama Ventures Limited announced that the company decided to extend the pre-construction period of the purified terephthalic acid-polyethylene terephthalate (PTA-PET) plant in Corpus Christi, Texas through the end of 2020. Christi Polymers LLC (CCP), a joint venture among certain subsidiaries of Indorama Ventures Holding, Alpek and Far Eastern Investment (Holding) Limited was created to acquire and complete construction of an integrated PTA-PET plant in Corpus Christi. The completion of the project is expected to be in 2023.
As per MRC's ScanPlast report, Russia's March estimated PET consumption was 65,3700 tonnes, up by 1% year on year. The estimated PET consumption in the country decreased in January-March 2020 by 3% year on year to 175,170 tonnes.
Indorama Ventures Public Company Limited, listed in Thailand, is one of the world's leading petrochemicals producers, a global manufacturing footprint with 59 sites in 20 countries across Africa, Asia, Europe and North America. The company's portfolio is comprises necessities and high value-added (HVA) categories of polymers, fibers, and packaging. Indorama Ventures has approx. 24,000 employees worldwide and consolidated revenue of USD 11.4 billion in 2019.
MRC