Business Markets
Indorama acquired Farg’onaazot
Right after Rustavi Azot was bought.
Indorama Singapore Indorama Corporation is one of Asia’s leading chemical holding company. Today based in Singapore, its origins trace back to 1975 with the start of Indo-Rama Synthetics in Indonesia by its founder, M.L. Lohia, and his son, S.P Lohia. Indo-Rama Synthetics started as a yarn spinning company and manufactured cotton yarns in its early days. During the 1990s, the company diversified into the production of synthetic spun yarns and polyester fibers. Key figure: Sri Prakash Lohia Founded: 1975 | Number of employees: | ![]() |
Investments are estimated at $100 million.