Search History
Clear History
{{item.search_key}}
Hot Searches
Change
{{item.name}}
{{item.english_name}}
Subscribe eNews
Once A Week Once Every Two Weeks
{{sum}}
Login Register

Applications

EU tariff on Chinese EVs sparks opposition across Europe

Amcor Innovation Center Europe opens in Belgium for sustainable packaging

Aptar Beauty introduces fragrance pump with PCR content

Products

New control units control temperature precisely in hot runner injection molding

Greene Tweed completes new manufacturing facility in Korea

BASF introduces industry-first PBAT with renewable feedstock

Activities

  • Round Table at Fakuma 2023: “Plastic – Recyclable Rather Than Problem Material!”

  • ArabPlast 2023 – The Success Journey Continues………..

  • GREAT NEWS! INAPA 2023 IS COMING BACK 24 - 26 May 2023 at JIExpo Jakarta, Indonesia

Pictorial

Industry And Market

ASEAN: The Next Manufacturing Hub

Innovative and Sustainable Packaging

Recycling and Circular Economy

Exhibition And Conference

CHINA FOCUS

K 2022 FOCUS

CHINAPLAS

CHINAPLAS 2024 Focus

CHINAPLAS 2023 Focus

News Videos

Neste: Pathways to emission reduction and sustainable growth

Veolia China: Sustainability & circularity international development

TechHub@CPRJ: Audia Elastomers at CHINAPLAS 2024

Conference Videos

【Mandarin session:Webinar playback】HUSKY: How demand for recycled PET is growing globally and the optimal way to integrate it into your packaging

12th Edition CPRJ Plastics in Packaging Conference & Showcase

【Mandarin session:Webinar playback】Asahi Kasei: How to solve the black spots in plastic molding

Product Videos

PLASTAR five layer film blowing machine

Anti-static PET masterbatch

Demonstration video of dual color injection molding machine, US270

Exhibition

Playback TECHHUB@CPRJ Live Streaming for CHINAPLAS

Events

Playback 5th Edition CHINAPLAS x CPRJ Plastics Recycling and Circular Economy Conference and Showcase

Home > News > Corporate News

Thailand’s first sustainability-linked Trade Finance facility inaugurated

Source:Adsale Plastics Network Date :2023-07-21 Editor :VC
Copyright: Original work. Please do not reprint.

Indorama Ventures Public Company Limited, a global sustainable chemical company, and Sumitomo Mitsui Banking Corporation (SMBC) signed Thailand’s first sustainability-linked Trade Finance facility of US$50 million.

 

The new facility is short-term working capital finance linked to Indorama Ventures’ sustainability performance targets, including reducing greenhouse gas (GHG) emissions intensity by 10% by 2025 (from a 2020 base), increasing post-consumer PET bale input for recycling to 750,000 tons by 2025, and boosting renewable electricity consumption to 25% by 2030.


Thailand’s first sustainability-linked Trade Finance facility.jpg

Indorama Ventures and SMBC inaugurate the first sustainability-linked Trade Finance facility in Thailand.

 

“We are dedicated to embedding sustainable finance into every aspect of our daily operations as we build towards achieving our ESG (Environmental, Social, and Governance) targets,” stated DK Agarwal, Deputy Group CEO and Group CFO at Indorama Ventures.

 

“It is evident that financial services play a pivotal role in accelerating the global transition toward our net zero future,” said Rajeev Kannan, Co-Head Asia Pacific Division, SMBC.

 

Indorama Ventures has secured a total of US$2.4 billion in long-term sustainable financing from various national and international financial institutions between 2018–2022.


 Like 丨  {{details_info.likes_count}}
Indorama Ventures
Carbon neutral
Sustainability
Circular economy

The content you're trying to view is for members only. If you are currently a member, Please login to access this content.   Login

Leave Comment

Submit

All Comments

No Comment

{{VueShowUserOrCompany(itme.user)}}

{{ toolTimes(itme.updated_at,'s') }}

{{itme.body}}

Reply   
Submit
{{VueShowUserOrCompany(itmes.user)}} {{ toolTimes(itmes.updated_at,'s') }} Reply

{{itmes.body}}

Submit

Recommended Articles

Corporate News
Borealis appoints new CEO
 2024-06-14
Corporate News
WACKER acquires US-based Bio Med Sciences Inc.
 2024-06-04
Corporate News
DuPont to separate into three publicly traded companies
 2024-05-29
Corporate News
FRIMO Innovative Technologies takes over global business activities
 2024-05-24
Corporate News
LyondellBasell considers drawing back from European market
 2024-05-16
Corporate News
NatureWorks visited EsunFiber for review and further cooperation
 2024-05-13

You May Also Like

{{[item['category']['name'],item['category']['english_name']][lang]}}
{{VueShowUserOrCompany(item.author)}} {{VueShowDisplayName(item.author)}}
Sponsored
{{item.title}} {{item['summary']}}
{{itags.name}}
{{item.updated_at}}
 {{item.likes_count}}       {{item.comments_count}}

You May Be Interested In

Change

  • People
  • Company
loading... No Content
{{[item.truename,item.truename_english][lang]}} {{[item.company_name,item.company_name_english][lang]}} {{[item.job_name,item.name_english][lang]}}
{{[item.company_name,item.company_name_english][lang]}} Company Name    {{[item.display_name,item.display_name_english][lang]}}  

Polyurethane Investment Medical Carbon neutral Reduce cost and increase efficiency CHINAPLAS Financial reports rPET INEOS Styrolution Evonik Borouge Polystyrene (PS) mono-material Sustainability Circular economy BASF SABIC Multi-component injection molding machine All-electric injection molding machine Thermoforming machine
Top
Feedback
Chat
News
Market News
Applications
Products
Video
In Pictures
Specials
Activities
eBook
Front Line
Plastics Applications
Chemicals and Raw Material
Processing Technologies
Products
Injection
Extrusion
Auxiliary
Blow Molding
Mold
Hot Runner
Screw
Applications
Packaging
Automotive
Medical
Recycling
E&E
LED
Construction
Others
Events
Conference
Webinar
CHINAPLAS
CPS+
Official Publications
CPS eNews
Media Kit
Social Media
Facebook
Youtube