Global Trade Alert
Global Trade Alert

Thailand: IFC provided USD 150 million loans to Indorama Ventures Public Company Ltd

Announcement

24 Nov 2020

In November 2020, the IFC provided USD 150 million loans to Indorama Ventures Public Company Limited to expand its recycling polyethene terephthalate (PET) capacity.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

24 Nov 2020

Revocation date:

No revocation date

State loan In force

On 24 November 2020, the International Finance Corporation signed an agreement with Indorama Ventures Public Company Limited (IVL) to provide the company with a loan of USD 150 million. Some amount of...

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Financial assistance in foreign market In force

On 24 November 2020, the International Finance Corporation provided a loan of USD 150 million to Indorama Ventures Public Company Limited (IVL). IVL would use some amount of the loan to finance its ex...

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