Indorama Ventures

A world-class chemical company, working in three segments: Integrated Oxides and Derivatives (IOD), Combined PET, and Fibers.

Launch date

1994

Employees

1001-5000 people

Market cap

Enterprise valuation

€11.0b (Public information from Sep 2024)

Bangkok Bangkok (HQ)

http://indoramaventures.com

https://twitter.com/ivlteam https://www.linkedin.com/company/indorama-ventures

Revenues, earnings & profits over time

THB	2020	2021	2022	2023	2024	2025	2026
Revenues	331.5b	468.1b	656.3b	541.5b	554.9b	557.2b	560.0b
% growth	(6 %)	41 %	40 %	(17 %)	2 %	-	-
EBITDA	27.5b	63.3b	79.8b	38.4b	47.6b	54.5b	58.5b
% EBITDA margin	8 %	14 %	12 %	7 %	9 %	10 %	10 %
Profit	2.4b	26.3b	31.0b	(10.8b)	(18.6b)	9.4b	13.6b
% profit margin	1 %	6 %	5 %	(2 %)	(3 %)	2 %	2 %
EV / revenue	1.2x	1.0x	0.7x	0.7x	0.6x	0.6x	0.5x
EV / EBITDA	14.6x	7.1x	5.8x	10.1x	7.0x	5.7x	4.8x

Date	Investors	Amount	Round
Oct 2011	N/A	N/A	IPO
Jan 2013	N/A	N/A	IPO
May 2024*	HSBC Standard Chartered	$500m	Post IPO Debt
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

By Country

Israel 2 France 2 Germany 2 India 1 Egypt 1 United States 1 United Kingdom 1 Poland 1 Vietnam 1

By Industry

Energy 4 Fashion 3 Food 2 Education 1 Marketing 1 Health 1

By Round

ACQUISITION 4 SERIES B 3 SEED 2 BUYOUT 1 EARLY VC 1

ACQUISITION by Indorama Ventures May 2018

exited

BUYOUT by Indorama Ventures Dec 2018

ACQUISITION by Indorama Ventures Nov 2018

ACQUISITION by Indorama Ventures Aug 2020