Indorama Ventures PCL informed that with the flood water reaching precarious level at Lopburi, the management has decided to shut down the operations at its Lopburi facility for wool yarns under Indorama Holdings Ltd. and for PET polymers under Asia Pet (Thailand) Ltd, Indorama Polymers PCL and Petform (Thailand) Ltd.
All the plants are adequately covered under insurance for all flood related damages. The total revenue generated from these plants is less than 5% of the total IVL consolidated revenue. Company will update investor when operations are restarted.
Indorama Ventures Public Company Limited
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