Early Life
Aloke Lohia was born on November 27, 1958, in Kolkata, India. He earned a Bachelor of Commerce degree from Delhi University. After beginning his career in the family textile business, he launched his first independent venture, Aurus Specialty Chemicals, in Thailand in 1988.
Rise to Success
Lohia founded Indorama Chemicals in 1988. In 1994, he started Thailand's first wool business under the name Indorama Holdings. He expanded into PET production in 1995 by establishing Thailand's first such facility, transforming Indorama Ventures into a global petrochemical powerhouse. Indorama Ventures became a public company on the Stock Exchange of Thailand in 2010.
Key Business Strategies
Lohia's key strategies include strategic acquisitions, expanding operations across multiple countries, and investing in recycling technologies. He has focused on integrating astute acquisitions across Asia, Africa, Europe, and the Americas, and he has expanded the company's footprint to 35 countries. Lohia also aims to make Indorama Ventures one of the top 20 chemical companies in the world.
Philanthropy
Lohia's Indorama Ventures has CSR programs that help surrounding communities. The company has invested $1.5 billion globally to expand recycling capacity and sustainable production.