A global leader in sustainable chemicals, Indorama Ventures Public Company highlighted its groundbreaking advancements in recycling and sustainability at the 29th United Nations Climate Change Conference (COP29), held from November 11–22, 2024 in Baku, Azerbaijan.
Participating through its booth and at the Thailand Pavilion in collaboration with the Thai government, Indorama Ventures celebrated recycling over 130 billion post-consumer PET bottles between February 2011 and October 2024. The company unveiled innovative solutions, including the SIPA Sparkling Wine Bottle, the world’s first sustainable monolayer PET bottle for sparkling wine, developed with SIPA; the first commercial-scale bio-PET bottle, produced using ISCC+ certified bio-paraxylene in partnership with Suntory, ENEOS, and others; and Oxismooth®, a renewable emollient range for personal care products.
Indorama Ventures actively engaged in thought leadership panels, with Anthony M Watanabe, Chief Sustainability Officer, presenting ‘The Six Secrets of Circularity.’ He emphasised the potential of a circular economy to cut global emissions by 40 per cent by 2050 and called for international cooperation on the global plastic treaty to drive systemic environmental change.
The company’s sustainability advocates, including Ermis Panagiotopoulos, Harsha Reddy, and Naweensuda Krabuanrat, contributed to discussions on low-carbon futures, reinforcing Indorama Ventures’ role as a sustainability leader.
COP29 brought together nations, businesses, and advocates to advance sustainability and low-carbon goals. Indorama Ventures’ presence underscored its commitment to driving a circular economy, reducing emissions, and inspiring collective action to combat climate change. Through its innovations and partnerships, the company continues to lead the charge in shaping a sustainable future for the chemical industry and beyond.
