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Friday, May 3, 2024

IVL gathering strength

IVL gathering strength

CEO OF THE YEAR 2021: CEO Aloke Lohia steered global chemical manufacturer deftly through choppy waters last year and during past crises

Best CEO in Manufacturing Industry: ALOKE LOHAI, Group Chief Executive Officer of Indodrama Ventures Plc

While 2021 proved to be a tough year for the global economy with strong headwinds, such challenges have failed to throw chemical giant Indorama Ventures Plc (IVL) off course, thanks to the leadership of its founder and CEO Aloke Lohia.

Mr Lohia, an India-born billionaire who has lived in Thailand for more than 30 years, started production of polyethylene terephthalate (PET) in Thailand for the first time in 1995 and expanded to the US in 2003 before going global.

From its early days as a PET…

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