EPL provides an attractive platform for tapping into India's investment landscape, and is well positioned to benefit from the trend of global manufacturers seeking to diversify their supply chains. As its fast-developing economy plays an increasing global leadership role, the Indian government is promoting local industry through attractive policies.
At its annual Capital Markets Day on 5 March, Indorama Ventures outlined ambitious expansions plans in a new era of growth. In a departure from its previous M&A-led model, the company is partnering with major industry peers, to explore long-term growth opportunities unlocked by fundamental changes in global markets. Part of the plan is to identify opportunities to leverage Indorama Ventures’ sizeable existing manufacturing operations in India, which currently include PET resins, polyester filaments and yarns, nonwoven fabrics, and ethylene oxide derivatives. The minority stake in EPL helps unlock future growth potential, especially considering Indorama Ventures’ existing product offerings and geographical presence.
All of Indorama Ventures’ business segments of Combined PET, Fibers, Indovinya in India have a significant presence in India, with plans to grow and create a more diversified and resilient portfolio. The company has a successful 35-year track record of identifying adjacent businesses with experienced leadership teams and highly synergistic management cultures and growth paths.
