Indorama
- Company typePrivate
- Founded1975
- HeadquartersSingapore, Singapore
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
Indorama firmographics
Firmographics- Name
- Indorama
- Legal name
- Indorama Corporation
- Website
- https://indorama.com
- Company type
- Private
- Founded year
- 1975
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Ownership category
- akta.pro rank
Where Indorama is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices7 records
Markets served
Indorama business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Fertilizers: Production and sale of nitrogen fertilizers (urea), phosphates, NPK fertilizers, and specialty additives for agricultural applications globally
- Polymers: Manufacturing of polyolefins and PET resins for packaging, bottles, and industrial applications
- Fibers & Yarns: Production of polyester, cotton fiber, spandex, and spun yarns for apparel, homeware, furnishings, hospitality, and automotive sectors
- Medical Gloves: Manufacturing and supply of single-use medical gloves (nitrile, polychloroprene, polyisoprene) for healthcare, surgical, and industrial markets
- Specialty Chemicals: Production of titanium dioxide, sodium cyanide, ammonium nitrate, and crop protection chemicals
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Indorama product offering
Product offeringCore offering
Indorama Corporation is a global B2B manufacturer of essential materials operating across four core product families: fertilizers (nitrogen, phosphate, NPK, and additives), polymers (polyolefins and PET resins), fibers and yarns (polyester, cotton, spandex, spun yarn), and single-use medical gloves. The company also produces specialty chemicals including titanium dioxide, sodium cyanide, and ammonium nitrate. It runs 40 manufacturing sites worldwide, serving 30,000+ B2B customers and reaching 5mn+ farmers with its fertilizer products.
Product overview
Indorama Corporation is a global manufacturer of essential materials operating across fertilizers, polymers, fibers and yarns, and specialty chemicals. The portfolio includes nitrogen and phosphate fertilizers (produced at facilities in Nigeria, Senegal, Uzbekistan, India, and China), polyolefins and PET resins for packaging, polyester and cotton fibers, spandex yarns (Inviya brand), spun yarns, and medical gloves through YTY Group. Additional products include titanium dioxide, sodium cyanide, ammonium nitrate, and crop protection chemicals. The company operates 40 manufacturing sites across Asia, Africa, Europe, and South America, with $6bn+ revenue and over 26,000 employees serving 30,000+ B2B customers and reaching 5mn+ farmers globally.
Differentiator
Problem solved
Functional benefit
Brands
- INVIYA: Spandex brand serving customers in over 25 countries with exceptional stretch and recovery qualities.
- ECOModa100
- BLAKC
- Indorama PET Resins
- Veola
- Indorama DAP
- Bharat DAP
- Adufértil
- Adfert
Products and services
- Nitrogen Fertilizers
Quantifiable outcome
- Products reach 5 million+ farmers globally through fertilizer distribution
- +2 more outcomes
Companies that use Indorama
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles5 records
Indorama technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Indorama partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered strategic, core and major.
- Government of UzbekistanstrategicIndorama has invested $244 million in Uzbekistan across textile ($164 million) and mineral fertilizer ($80 million) sectors, creating approximately 2,000 jobs. The company acquired 99.02% of Ferganaazot for $140 million with additional $100 million modernization commitment.
- KBRcoreKBR secured a 10-year catalyst supply contract with Indorama for its ammonia plants in Nigeria, Georgia, Uzbekistan, and India. This agreement marks KBR's first long-term catalyst deal in the ammonia sector and aims to improve plant performance, efficiency, and operational reliability through a comprehensive support package.
- Eleme PetrochemicalsmajorIndorama's £167 million acquisition of Eleme Petrochemicals represents one of its largest investments in Nigeria. The petrochemical complex is the largest producer of polyolefins in West Africa.
- Block EnergystrategicBlock Energy completed a pilot carbon capture and storage study at the Patardzeuli Field in Georgia. Rustavi Azot, a Georgian subsidiary of Indorama Corp., is collaborating on comprehensive feasibility studies to evaluate scalability and commercial pathways for CCS operations.
Scale indicators11 records
Recent moves6 records
Expansion highlights6 records
Indorama competitors and assessment
Company assessmentDirect peers
- The Mosaic Company: Global leader in concentrated phosphate and potash crop nutrients. Comparable as a phosphate fertilizer peer with similar commodity cyclicality and global distribution model.
- SABIC: Saudi petrochemicals giant producing fertilizers, polymers, and chemicals. Directly comparable given overlapping fertilizer and petrochemical/polymer operations and emerging market presence.
- Top Glove Corporation: World's largest manufacturer of medical gloves, producing nitrile and latex gloves. Directly comparable to YTY Group's medical gloves business under Indorama.
- Hengli Petrochemical: Major Chinese integrated polyester, PET, and petrochemicals producer. Comparable in PET resin and polyester fiber operations and vertically integrated chemicals platform.
- CF Industries Holdings: North American leader in nitrogen fertilizers and ammonia production. Comparable as a pure-play nitrogen fertilizer producer with global export capabilities.
- Nutrien Ltd: World's largest fertilizer producer with leading positions in potash, nitrogen, and phosphate. Directly comparable given Indorama's nitrogen and phosphate fertilizer operations and top 10 global position.
- Yara International: Norway-based global leader in nitrogen fertilizers, crop nutrition, and ammonia production. Directly comparable as a nitrogen fertilizer producer with global distribution and a top-tier agricultural chemicals platform.
- Tronox Holdings: Global leader in titanium dioxide (TiO2) production for paints, coatings, plastics, and textiles. Directly comparable to Indorama's newly acquired Venator TiO2 business in Spain.
- OCI Global: Netherlands-based producer of nitrogen fertilizers, methanol, and hydrogen with major nitrogen assets in the US, Netherlands, and Egypt. Directly comparable in nitrogen fertilizer scale and geographic diversification.
- INEOS Group: Global petrochemicals manufacturer producing polymers, polyolefins, and chemical intermediates. Comparable in polyolefins and downstream chemical manufacturing scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Indorama social profiles
Digital presenceIndorama financial estimates
Financial estimateRevenue estimate
Valuation estimate
Indorama leadership team
Management profileNumber of profiles
Profiles2 records
Indorama subsidiaries and ownership
Company hierarchySubsidiaries21 records
Indorama funding detail
Funding detailFunding overview
Funding rounds3 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Indorama M&A and investment
M&A and investmentM&A2 records
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Indorama
What does Indorama do?
Indorama Corporation is a global B2B manufacturer of essential materials operating across four core product families: fertilizers (nitrogen, phosphate, NPK, and additives), polymers (polyolefins and PET resins), fibers and yarns (polyester, cotton, spandex, spun yarn), and single-use medical gloves. The company also produces specialty chemicals including titanium dioxide, sodium cyanide, and ammonium nitrate. It runs 40 manufacturing sites worldwide, serving 30,000+ B2B customers and reaching 5mn+ farmers with its fertilizer products.
Is Indorama a public or private company?
Indorama is a private company. It is classified as family owned and is currently operating.
When was Indorama founded?
Indorama was founded in 1975. It employs 5,001 to 10,000 people.
Where is Indorama based?
Indorama is headquartered in Singapore, Singapore, in the Asia region.
How does Indorama make money?
Five revenue lines are on record. Fertilizers are the primary driver. The others are polymers, fibers & Yarns, medical Gloves and specialty Chemicals.
Who are Indorama's main competitors?
Direct peers on record are The Mosaic Company, SABIC, Top Glove Corporation, Hengli Petrochemical, CF Industries Holdings, Nutrien Ltd, Yara International, Tronox Holdings, OCI Global and INEOS Group.
Does Indorama have an API?
No public API is recorded for Indorama.