Indorama Ventures increases focus on high-growth yarn markets under IVL 2.0

Indorama Ventures Public Company Limited (IVL) is strengthening its position in the global yarn market as part of its IVL 2.0 strategy. The company is shifting from an acquisition-driven model to strategic partnerships, aiming to enhance its yarn production capabilities and expand in high-growth regions like India.

At its Capital Markets Day in Bangkok, Group CEO Aloke Lohia highlighted the impact of macroeconomic shifts, including China’s self-sufficiency drive and India’s booming textile sector. Despite improving performance in 2024, IVL is taking additional steps to optimize operations and boost efficiency across its yarn business.

To reinforce its presence in India, IVL recently acquired a 24.9 per cent stake in EPL Limited, a specialty packaging firm supporting the textile supply chain. The company is also planning to spin off its Indovinya downstream chemicals segment and Indovida packaging unit to focus more on its core yarn and fiber operations.

With over 30 years of expansion, IVL is leveraging its global platform and digital enterprise systems to drive sustainable growth in the yarn industry. Aloke Lohia emphasized the company's focus on strategic partnerships to scale operations and strengthen its leadership in the textile market.