Indorama Ventures business expands sustainable solutions portfolio, advances circularity and earns external recognition for sustainability and innovation
The Woodlands, TX | June 22, 2026 – Indovinya, the specialty chemicals and surfactants business of Indorama Ventures, announced today that 20.5% of its 2025 revenue came from sustainable solutions, and more than 48% of all products launched in 2025 were classified as sustainable, reflecting the company’s continued progress in integrating sustainability into innovation, portfolio management and customer solutions. In total, Indovinya launched 64 products during the year.
The 2025 results mark an improvement over 2024, when 15.3% of revenue came from sustainable products and 47% of new product launches were classified as sustainable. The year-over-year gains underscore the growing role of sustainable solutions in Indovinya’s business strategy and market offering.
Indovinya’s sustainable solutions strategy is supported by a combination of Portfolio Sustainability Assessment (PSA), Life Cycle Assessment (LCA) and Product Carbon Footprint (PCF) methodologies. According to the company, these tools help evaluate and prioritize solutions based on sustainability criteria and technical performance, while supporting greater transparency around product attributes and impacts. The company states that the PSA methodology includes a qualitative assessment of environmental and economic factors and is verified by a third party.
“Sustainability is increasingly embedded in how we operate and grow the business,” said Kim Knotts, Vice-president of EHSQ and Sustainability at Indovinya. “Our focus is on developing solutions that combine performance, innovation and reduced environmental impact, while improving efficiency and supporting our customers’ sustainability goals.”
Sustainable solutions driving growth
In 2025, sustainable solutions accounted for 20.5% of Indovinya’s revenue, while 48.4% of launches met the company’s sustainability criteria, including attributes such as bio-based content, biodegradability, or lower carbon footprint. The company said these results reflect continued investments in specialty chemistry, digital tools and AI-enabled R&D to accelerate product development and expand sustainable solutions across multiple end markets.
The company also reported that AI and digital R&D initiatives helped save more than 3,500 laboratory hours and reduce physical shelf-life testing by 56%, enabling more efficient development of specialty products aligned with customer and sustainability requirements.
Circularity, waste and operational efficiency
Indovinya also reported progress in circularity and resource efficiency in 2025. Total waste disposal fell 21%, from 33,127 tons in 2024 to 26,093 tons in 2025, while hazardous waste disposal declined 6%. Total waste intensity improved from 13.21 kg per ton to 10.83 kg per ton, supported by operational improvements, landfill diversion, and co-processing initiatives.
A key contributor was the Stop S.M.O.G. (Slow Moving and Obsolete Goods) initiative, which reprocessed or reformulated off-specification materials and returned more than 7 million pounds of inventory to the supply chain in six months, with a reuse rate above 95%. According to the company, the initiative helped divert 6.5 million pounds of waste from landfills, avoid 14 million pounds of CO₂ emissions, and conserve 530 m³ of water.
External recognition
Indovinya’s progress was also accompanied by external recognition. In 2025, the company was awarded an EcoVadis Platinum Medal, placing it among the top 1% of highest-rated companies globally through the broader sustainability performance of Indorama Ventures, which encompasses Indovinya’s practices. The company also received Natura’s Gold Seal through the Regenerative Alliance program, recognizing maturity in responsible sourcing, biodiversity, carbon and social and environmental responsibility across the supply chain.
Additional recognitions cited in the 2025 report include awards from the American Chemistry Council (ACC), the Texas Chemistry Council (TCC), the Business Intelligence Group, the ICIS Innovation Awards, and the ranking of Indovinya among leading companies in open innovation in Brazil. The company also reported a B rating across the three principal questionnaires of the CDP platform: Climate Change, Water Security and Forests.
Access the full report here.
About Indorama Ventures
Indorama Ventures PCL, listed in Thailand (Bloomberg: IVL.TB), is one of the world’s leading sustainable petrochemicals producers, with a manufacturing footprint serving local and regional customers across Europe, Africa, the Americas, and the Asia Pacific. Our ~25,000 employees reimagine chemistry to create safe, responsible materials that sustain life-critical industries and improve the lives of billions of people. Our segments—Combined PET, Fibers, Indovinya, and Indovida—produce indispensable chemistry serving essential markets, including food & beverages, textiles, pharmaceuticals, home & personal care, automotive, and agrochemicals. The company’s diverse businesses generated revenue of $13.6 billion in 2025. Indorama Ventures is listed in the Dow Jones Best-In-Class Indices, recognizing our ambition to lead change and shape a future in which materials are more innovative and circular.
