Indorama Ventures Public Company Limited (IVL), a global chemical producer, has been supporting its companies operating in 33 countries across the world to act as a helping hand for surrounding communities during the COVID-19 crisis. Indorama Ventures has set aside 2.5 million dollars to fund projects in local communities around the world that are suffering due to COVID-19. As part of this funding, Auriga Polymers, a subsidiary of Indorama Ventures, recently donated US$40,000 to the COVID-19 Relief Fund of United Way of the Piedmont, a non-profit organization aimed at supporting those charities and communities that are most in need. This fund is expected to help thousands relying on the organization’s Community Resource Coordinators who provide direct assistance and support during these difficult times. In addition, Employees from Auriga Polymers & Huvis Indorama Advanced Materials in Spartanburg and Charlotte have committed to donate $75,000 over the next year to the United Way.
Mr. Avnish Madan, VP Operations at Auriga Polymers, a subsidiary of Indorama Ventures, said, “Everyone has been impacted in some way by this pandemic. At Indorama Ventures, we’re thankful to be in a position to be able to help our neighbors who have been impacted the most. As a global company with a presence in the heart of the Carolinas, helping our local communities is a priority. We believe the United Way is in a good position to evaluate and determine the greatest needs of the community. They provide critical non-profit organizations with funding, support, opportunity, and hope. We are doubly blessed to work for Indorama Ventures, which supports us in helping to care for our communities and also to work with employees that care about their community and neighbors as well.”
About Indorama Ventures
Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Africa, Asia Pacific, Europe and Americas. The company’s portfolio comprises Combined PET, Integrated Oxides and Derivatives, and Fibers. Indorama Ventures products serve major FMCG and automotive sectors, i.e. beverages, hygiene, personal care, tire and safety segments. Indorama Ventures has approx. 24,000 employees worldwide and consolidated revenue of US$ 11.4 billion in 2019. The Company is listed in the Dow Jones Emerging Markets and World Sustainability Indices (DJSI).