Home / Knowledge / News / Press Release / IVL announces new business segment & leadership team

IVL announces new business segment & leadership team

Jan '20
Pic: Indorama Ventures
Pic: Indorama Ventures
Indorama Ventures Public Company Limited (IVL), one of the world's leading petrochemicals producers, has announced the creation of a newly formed segment, Integrated Oxide. Consequently, Alastair Port has been appointed president of Integrated Oxide, effective since this month. He will report to Dilip Kumar Agarwal, CEO of the Feedstock and PET businesses.
Integrated Oxide segment comprises of integrated ethylene oxides and specialty chemical segment including sought after value-added ethylene oxide derivatives and propylene oxide derivatives. The new segment will enable the company to leverage operational efficiencies and position IVL for long-term growth and value creation.
The company had recently announced about the acquisition of Huntsman's integrated Ethylene Oxide and Propylene Oxide (EO&PO) assets in Port Neches, Chocolate Bayou and Dayton in Texas, Ankleshwar in India, and Botany in Australia by IVL. 
Alastair Port joined Huntsman in 1988 and was previously global vice president of manufacturing and upstream business at Huntsman. Port's leadership team will be composed of talent coming from all integrated businesses: Joel Saltzman has been appointed senior executive vice president. Saltzman is currently with Indorama Ventures Oxide and Glycols (IVOG); John O Smith has been appointed vice president, procurement and upstream. Smith is currently with IVOG; John Q Smyth has been appointed vice president, global downstream derivatives; Carol Ottaway has been appointed vice president, supply chain, logistics and IVL transition; Chad Anderson has been appointed vice president manufacturing; Kim Knotts has been appointed director EHSQ; Steve Thallemer has been appointed chief finance officer. Thallemer was previously with IVOG; Leo Guglielmi has been appointed vice president and legal counsel and Paul Fusco has been appointed director of HR.
"We are taking an important step to set IVL on a successful path forward. With the creation of a more focused segment and great leaders in place, we will be able to more effectively build upon our competitive advantages to create greater value for our customers and stakeholders," Dilip Kumar Agarwal, CEO of Feedstock and PET said.   
"I am pleased to welcome Alastair and his senior leadership team onboard. I am confident that under Alastair's oversight, the new team will be well-positioned to lead IVL to the next phase of its development," Agarwal added.

Fibre2Fashion News Desk (JL)

Must ReadView All

Pic: Shutterstock

Retail | On 26th Oct 2021

UK retail sales volumes drop by 0.2% in Sept 2021: ONS

UK retail sales volumes fell by 0.2 per cent in September following...

Pic: Shutterstock

Textiles | On 26th Oct 2021

US budget deficit hits $2.77 trn in 2021, the second highest

US budget deficit totalled $2.77 trillion for the fiscal that ended...

Pic: Shutterstock

Textiles | On 26th Oct 2021

China world's 2nd-largest importer for 11 years: Commerce ministry

China has been the world's second-largest importer for 11 consecutive ...

Interviews View All

Footwear Industry, Footwear Retailers

Footwear Industry
Footwear Retailers

Still struggling to mop up higher sales

Textile Industry, Head honchos

Textile Industry
Head honchos

Good tidings expected for textile industry

Textile Industry, Head honchos

Textile Industry
Head honchos

Quality & affordability to affect market acceptability of new fibres

Shivendra Nigam,

Shivendra Nigam

Delhi-headquartered Cantabil Retail India Ltd was founded by Vijay Bansal...

Ilker Hacioglu,

Ilker Hacioglu

Founded by three partners of French origin in 1988, LC Waikiki started its ...

Ritu Oberoi,

Ritu Oberoi

Established in 2018, Forsarees is a socially driven business enterprise,...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Sachin Pendharkar, Dieffenbacher India Pvt Ltd

Sachin Pendharkar
Dieffenbacher India Pvt Ltd

Germany-based Dieffenbacher Group is a producer of high-quality composites ...

Pranesh Sridharan & Berndt Koll, Lenzing

Pranesh Sridharan & Berndt Koll

The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...

Gavin Miguel, Label Gavin Miguel

Gavin Miguel
Label Gavin Miguel

Acclaimed fashion designer <b>Gavin Migue</b>l is known for his couture...

Archana Jaju, Label Archana Jaju

Archana Jaju
Label Archana Jaju

<b>Archana Jaju</b>’s Hyderabad-based eponymous label works with artisans...

Abhishek Agarwal, Purple Style Labs

Abhishek Agarwal
Purple Style Labs

Late Indian fashion designer Wendell Rodricks, is known for his...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

October 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Advanced Search