Indorama Ventures has about 26,000 employees worldwide and revenue of US$18.7 billion in 2022. ![]() Indorama Ventures products serve major FMCG and automotive sectors, i.e., beverages, hygiene, personal care, tire and safety segments. The company’s portfolio comprises Combined PET, Integrated Oxides and Derivatives, and Fibers. ![]() 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 Europe, Africa, Americas, and Asia Pacific. Maria De Rycke | Communications Manager | M +32 498 Ventures (IVL) The 47 TfS member companies represent a global turnover in the chemical industry of over €600billion and a global spend of over €400billion. TfS develops and drives innovative responsible sourcing solutions through the global chemical industry. TfS is a global organisation with regional representation in Asia, North and South America. The programme is based on the UN Global Compact and Responsible Care® principles. Together for Sustainability (TfS) is a procurement-driven initiative created by chemical companies with the goal of assessing, auditing, and improving the sustainability practices within their supply chains. We look forward to collaborating with the chemical industry on this journey toward a net zero and sustainable future.” TfS provides a platform to mature our responsible sourcing program and engage the value chain on product carbon footprint. “At Tricon, we are committed to improving our environmental and social performance and contributing to a more inclusive and circular economy. We anticipate our membership with TfS to offer Nouryon sourcing specialists the opportunity to both contribute as well as learn new ways that we can enhance our end-to-end supply chain to meet the increasing sustainability expectations of our customers and the end-markets we serve.”ĭirector of Global Operations, Tricon Energy “Nouryon is pleased to become a member of TfS, as part of an industry group focused on the UN Global Compact and the sustainability commitments across our diverse supply chain. Vice President and Chief Procurement Officer, Nouryon By joining TfS, we can work closely with our supplier partners to further strengthen the sustainability within our supply chain and reinforce our commitment to human rights in our value chain.” “We are committed to ensuring that our technologies and operations are as sustainable as possible. ![]() We are proud to join Together for Sustainability and stand amongst our peers within the chemical industry to strengthen our collective decarbonization pathway, following our purpose of reimagining chemistry together to create a better world.”Ĭhief Procurement Officer, Johnson Matthey At Indorama Ventures, we put partnership and collaboration at the core of our sustainability strategy. “Sustainability is a journey to be taken together within and across supply chains and industries. Given the tighter regulatory landscape, the need to decarbonise industry, and market conditions, TfS – together with its partners – provides innovative responsible sourcing solutions to make supply chains and businesses more sustainable, collaborative and resilient and contribute to the development of a better world.”Ĭhairman of the ESG Council, Indorama Ventures The accelerated growth of TfS membership reflects TfS leadership in driving and delivering sustainability improvements in supply chains around the world. “I am proud to welcome Indorama Ventures, Johnson Matthey, Nouryon and Tricon Energy to the TfS family, bringing the number of TfS member companies to 47. Against the backdrop of the need to decarbonise and increasing regulatory requirements, TfS provides the chemical industry with innovative solutions to enable supply chains to make a significant contribution to the company’s overall sustainability and resilience performance. The arrival of the new members highlights the increasing importance of TfS leadership in driving and delivering sustainability in chemical industry supply chains. Together for Sustainability (TfS) announces that Indorama Ventures, one of the world’s leading sustainable chemical companies headquartered in Thailand, Johnson Matthey, a global leader in sustainable technologies (UK), Nouryon, global, specialty chemicals producer (US) and Tricon Energy, a leader in the global trade and distribution of chemicals have joined the TfS initiative for sustainable supply chains, bringing the number of TfS member companies to 47.
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