Indorama Ventures Public Company Limited (IVL), a global sustainable chemical company, has taken a strategic step forward in expanding its presence in India by acquiring a 24.9% equity stake in EPL Limited from Blackstone. The move underlines IVL’s intent to tap into one of the world’s fastest-growing economies and gain from evolving global supply chain dynamics.
Strategic Investment to Tap High-Growth Indian Market
The investment in Mumbai-headquartered EPL Limited, a global player in specialty packaging, is part of Indorama Ventures’ broader plan to capitalize on opportunities in emerging markets. With this move, IVL is positioning itself to benefit from India’s rapidly growing economy and its government’s supportive industrial policies.
India, increasingly seen as a key global player, offers a fertile landscape for growth, especially as multinational companies seek to diversify supply chains away from traditional hubs.
Moving Beyond M&A: A Shift Toward Strategic Partnerships
The EPL investment exemplifies this pivot, allowing IVL to unlock synergies through collaboration rather than outright acquisitions. The deal also enables IVL to build on its extensive manufacturing base in India, which currently includes:
*PET resins
*Polyester filaments and yarns
*Nonwoven fabrics
*Ethylene oxide derivatives
By aligning with EPL, IVL enhances its ability to create an integrated and diversified portfolio.
Building on Existing Strengths in India
Indorama Ventures’ core business segments—Combined PET, Fibers, and Indovinya—already have a strong Indian presence. The company is committed to growing these operations to create a more resilient and future-ready portfolio. Over its 35-year journey, IVL has consistently identified and nurtured adjacent businesses, leveraging strong leadership and shared corporate values to drive long-term value.
CEO’s Perspective
Aloke Lohia, Group CEO of Indorama Ventures, said, “India represents one of the most exciting opportunities in global packaging and chemical markets today, where Indorama Ventures has natural advantages including our existing footprint in diverse businesses. My family’s Indian heritage is also an attribute as we seek to build close partnerships with peer companies in India—many of them family owned—to leverage our mutual scale and capabilities and invest in one of the most dynamic economies in the world.” He added, “Our stake in EPL aligns with this strategy. Their global reach, innovative high-quality products, focus on sustainability and solid management team make them a natural fit. Our combined experience will drive value immediately.”
Conclusion
The acquisition of a minority stake in EPL is more than just a financial investment—it’s a strategic move aligned with Indorama Ventures’ long-term vision for India. As reported by fibre2fashion.com, both companies bring complementary strengths. The partnership sets the stage for sustainable growth, market diversification, and enhanced global competitiveness.
