For the third time, the company leads the Chemical sector ranking in one of Brazil’s most prestigious innovation awards
São Paulo, August 4, 2026 – Indovinya, the specialty chemicals division of Indorama Ventures, has won 1st place in the Chemical sector at the 2026 Valor Inovação Brazil Awards, one of Brazil’s most relevant initiatives recognizing corporate innovation. Organized by Valor Econômico, in partnership with Strategy&, PwC’s strategy consulting business, and Época NEGÓCIOS, the award recognizes companies that stand out for their ability to innovate in a consistent, strategic and sustainable way.
The achievement reinforces innovation as one of the pillars of Indovinya’s strategy, driving the development of solutions aligned with customers’ needs and key global challenges related to sustainability, efficiency and performance. Through continuous investments in research and development, open innovation, digitalization and collaboration with strategic partners, the company aims to accelerate the creation of technologies, optimize processes and expand the use of data to generate value across different value chains.
“Winning first place in the Chemical sector at the Valor Inovação Brazil Awards is a recognition that reinforces the consistency of our strategy and our teams’ commitment to innovation. At Indovinya, we believe innovation means anticipating trends, developing solutions that meet customers’ needs and transforming knowledge and collaboration into positive impact. This achievement reflects our long-term vision and our dedication to reimagining chemistry to help build a more sustainable future,” says Andrea Soares, Senior Vice President of Business, Marketing and Innovation at Indovinya.
The Valor Inovação Brazil survey is considered one of the main references for evaluating corporate innovation practices in Brazil. In its 12th edition, the study analyzes companies from different sectors of the Brazilian economy based on criteria related to planning, execution, results and recognition, highlighting organizations that place innovation at the center of their growth and competitiveness strategies.
For Indovinya, the recognition also reflects a journey of reinvention based on research, new products and specialty chemistry applied to diverse markets, including personal and home care, agrochemicals, energy, coatings, construction and industrial applications. The solutions developed by the company reach people’s daily lives through its customers’ products, helping make formulations, processes and applications more efficient, sustainable and aligned with the industry’s evolving needs.
“This result demonstrates the strength of an innovation agenda built on market proximity and collaboration with different partners. By listening to our customers and connecting with universities, startups and research centers, we are able to transform technical knowledge, data and technology into new solutions, accelerate developments and expand the impact of our chemistry across different value chains,” says Renata Haenel, Global Innovation Management Director at Indovinya.
Through this approach, Indovinya reinforces its role as a strategic innovation partner for different industries, bringing science and technology to solutions that are part of people’s everyday lives and contribute to a more efficient and responsible future.
