Indorama Corporation

Indorama Corporation

Indorama Corporation was founded in 1976 by S.P. Lohia and has since grown into a global industrial conglomerate controlled by the Lohia family. The firm is headquartered in Singapore with additional offices in New York, Park City, and Seoul, reflecting its multinational footprint. Wealth derived from petrochemicals and fertilizers, notably through Indorama Ventures and Indorama Agrochem, remains the foundation of the family's capital base. The firm invests across a wide range of asset classes, including direct ownership of manufacturing plants, real estate, infrastructure projects, and strategic acquisitions. Indorama's portfolio spans over 160 facilities in 35 countries, with a particular focus on polyethylene terephthalate (PET) resin production — it is one of the top global producers. Known deals include the acquisition of DuPont's polyester division in 2002 and the purchase of Petro-Daq's petrochemical unit in Iraq in 2018 (per Reuters, 2018). Geographic footprint covers Asia, Europe, the Americas, and Africa. While the firm does not publicly disclose total AUM or headcount, it employs tens of thousands across its operating companies. Adjacent structures include the Indorama Foundation, a philanthropic entity focused on education and community development. Recent operational activity includes a 2025 expansion into green hydrogen production in Thailand, aligning with broader energy transition strategies (per Bangkok Post, March 2025). A key structural differentiator is Indorama's model as a family office that functions as a permanent holding company for a vast network of operating businesses, rather than a traditional investment pool. This allows it to take a long-term, multi-decade view on capital allocation across both public and private markets, while maintaining direct control over manufacturing assets — a structure that is rare among family offices.