Indorama Corporation
Singapore-based industrial group with roots in Indonesian textile manufacturing and operations spanning fibers, plastics, petrochemicals, and related materials.
Last updated August 31, 2026
Overview
Indorama Corporation is a Singapore-based industrial group whose origins lie in Indorama Synthetics, a textile-materials manufacturer established in Purwakarta, West Java, Indonesia, in 1975. The enterprise was founded by Indian immigrants Mohan Lal Lohia and his son Sri Prakash Lohia. It began with spun-yarn production and expanded into a broad portfolio of industrial materials used by textile, packaging, consumer-goods, and manufacturing supply chains. The group's development followed the industrialization of Indonesia and the growing integration of textile production with upstream raw materials. From its initial yarn operations, Indorama expanded into polyester-related materials, polyethylene terephthalate, polyolefins, and other petrochemical products. Its manufacturing activities have included polyethylene, polypropylene, polyester fiber, spandex filament, spun yarns, fabrics, and associated intermediates. This vertical and cross-sector expansion positioned the group as a supplier to business customers rather than as a consumer-facing branded-goods company. A significant organizational change occurred in 2008. The polyester and PET activities were separated and transferred to Indorama Ventures, a Thailand-based Lohia family group led by Aloke Lohia, Sri Prakash Lohia's brother. Indorama Corporation was established in Singapore as a holding company for Indorama Synthetics and related operations. The separation created two related but distinct corporate platforms: Indorama Ventures focused on polyester, fibers, and PET businesses, while Indorama Corporation retained Indorama Synthetics and developed its own portfolio in textiles, polymers, and petrochemicals. Indorama Corporation's operating profile is therefore best understood as a business-to-business industrial group with particular historical strength in textile raw materials and polymer production. Its products are sold into manufacturing chains where performance, scale, technical consistency, and supply reliability are more important than consumer recognition. The group has maintained an international footprint, including activities in Indonesia and petrochemical expansion in Africa, although the precise scope of current operations and the legal relationship among individual subsidiaries require verification from current corporate disclosures. The group is associated with the Lohia family and is managed by the family's second generation. Public reference material identifies Amit Lohia, the founder's son, as involved in management. Indorama Corporation should not be treated as identical to Indorama Ventures or to the publicly traded Indonesian company Indorama Synthetics, even though the businesses share family ownership history and the Indorama name. The corporation's present identity is that of a privately organized international industrial group with a heritage in Indonesian textiles and a wider materials portfolio.
History
Indorama Corporation traces its history to the establishment of Indorama Synthetics in Purwakarta, West Java, Indonesia, in 1975. The company was founded by Mohan Lal Lohia and his son Sri Prakash Lohia, who had migrated from India. The initial business was a relatively small spun-yarn operation, but it benefited from Indonesia's expanding manufacturing base and the increasing demand for locally produced textile inputs. Over time, Indorama broadened its industrial capabilities. It moved beyond yarn into polyester and other synthetic fibers, fabrics, and upstream materials used in textile production. The company also entered polymer and petrochemical activities, including polyethylene, polypropylene, and polyethylene terephthalate-related production. This diversification changed the business from a textile manufacturer into a wider materials group serving multiple industrial customers. The expansion also acquired an international dimension. Indorama developed operations beyond Indonesia, including petrochemical activities in Africa. Its products became inputs for textile mills, packaging producers, and other manufacturing businesses. The group therefore competed primarily on production scale, technical capabilities, raw-material integration, and supply-chain reach rather than on retail brand visibility. In 2008, the Lohia family's businesses were reorganized. The polyester and PET operations were sold or transferred to Indorama Ventures, a Thailand-based group led by Aloke Lohia, the brother of Sri Prakash Lohia. Indorama Corporation was then established in Singapore as a holding company for Indorama Synthetics and related businesses. This restructuring separated the family's polyester and PET platform from the businesses retained under Indorama Corporation, although the two groups continued to share historical and family connections. Following the reorganization, Indorama Corporation remained associated with textiles, polymer materials, and petrochemicals. Management passed into the next generation of the Lohia family, with Amit Lohia identified as a group manager. Because the Indorama name is used by several related companies, including Indorama Ventures and Indorama Synthetics, corporate ownership, listing status, and subsidiary boundaries should be checked against current company filings before attributing a particular asset or financial result to Indorama Corporation itself.
- 2008Corporate reorganization
The polyester and PET businesses were separated into Indorama Ventures, while Indorama Corporation was established in Singapore as a holding company for Indorama Synthetics and related operations.
- 1975Indorama Synthetics established in Indonesia
Mohan Lal Lohia and Sri Prakash Lohia established the original Indorama textile-materials business in Purwakarta, West Java.
- Expansion from yarn into polymers and petrochemicals
The business expanded from spun yarn into polyester, PET-related materials, polyolefins, fabrics, and other industrial products.
Products and positioning
Business-to-business industrial supplier serving textile, polymer, packaging, and petrochemical value chains through vertically related manufacturing capabilities and international operations.
Polyester fiberSynthetic textile fibers
Polyester fiber is a core historical product area of the Indorama business. It supplies synthetic fiber inputs for textile manufacturing and can be used in apparel, home textiles, and other fabric applications. The group's polyester activities should be distinguished from the polyester and PET businesses transferred to Indorama Ventures during the 2008 reorganization.
Spandex filamentSynthetic textile fibers
Spandex filament is an elastic synthetic fiber used where stretch and recovery are required. It forms part of the group's stated textile-materials portfolio and serves industrial textile customers rather than end consumers directly.
Spun yarnsYarns1975
Spun yarn was the foundation of Indorama's original Indonesian manufacturing business. The company developed from this initial activity into a larger textile raw-materials producer, supplying yarn for downstream fabric and textile manufacturing.
FabricsTextile materials
Fabrics represent a downstream extension of the group's textile operations. They complement its yarn and synthetic-fiber activities and connect the business with textile manufacturers and other industrial buyers.
Polyethylene and polypropylenePolyolefins
Indorama Corporation manufactures polyolefin materials including polyethylene and polypropylene. These polymers are used across packaging, conversion, consumer products, and industrial manufacturing, giving the group a business base beyond textile fibers.
PET-related raw materialsPetrochemical intermediates
The group expanded into PET-related raw materials as part of its move upstream from textile production. These activities were among the polyester and PET businesses separated from Indorama Corporation and transferred to Indorama Ventures in the 2008 restructuring.
Flagship businesses
- Synthetic textile fibers and filaments
- Spun yarns and fabrics
- Polyolefins
- PET and other polymer raw materials
Brand decisions
- 2008Separation of polyester and PET operationsStrategy
The Lohia family reorganized its industrial businesses after the group's expansion across textiles, polymers, and petrochemicals. Polyester and PET activities were placed with the Thailand-based Indorama Ventures platform.
What changed. Indorama Corporation was established in Singapore as a holding company for Indorama Synthetics and related retained operations, while the polyester and PET businesses were transferred to Indorama Ventures.
Aftermath. The reorganization created two related but distinct Indorama groups and made attribution of assets, products, and financial results dependent on the specific legal entity involved.
Leadership
| Name | Title | Tenure |
|---|---|---|
| Amit Lohia | Group manager | — |
| Mohan Lal Lohia | Co-founderformer | 1975– |
| Sri Prakash Lohia | Co-founder and family group leaderformer | 1975– |
Sources
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