Aloke Lohia
Aloke Lohia | |
|---|---|
| Born | November 27, 1958 India |
| Occupation(s) | Entrepreneur, Chief Executive Officer |
| Known for | Founder and CEO of Indorama Ventures |
Aloke Lohia (born 27 November 1958) is an Indian billionaire entrepreneur, recognized as the founder and chief executive officer of Indorama Ventures.
Early and personal life
Lohia completed his Bachelor of Commerce degree at Delhi University. He is married to Suchitra Lohia, who holds the positions of director and vice chairman at Indorama Ventures. The couple has three children.
Career
Between 1979 and 1987, Lohia worked as the finance director for P.T. Indorama Synthetics in Indonesia.
In 1988, he established Indorama Chemicals (currently known as Aurus Specialty Company Limited) in Thailand, specializing in the production of furfural alcohol derived from corncobs, supported by investment from the German Investment Corporation.
He introduced Thailand's inaugural wool enterprise, Indorama Holdings, in 1994, and a year later, in 1995, he founded the country's first PET (Polyethylene Terephthalate) manufacturing company, Indorama Polymers.
In February 2010, Lohia took Indorama Polymers private and subsequently listed its parent firm, Indorama Ventures, on the Stock Exchange of Thailand. By the close of 2014, Indorama Ventures had generated approximately $7.5 billion in revenue.
As of May 2021, Lohia’s estimated net worth stood at US$2.6 billion.
Recognition
From 2011 through 2014, Lohia was featured among the Top 40 Power Players by ICIS, a prominent global provider of petrochemical market intelligence.