Media Room     | Indorama in news in 2007
Growth Initiatives helps IRP overcome cost push and Baht appreciation [November, 2007]
IRP reports higher consolidated net profit after tax of Baht 265 million for the quarter 3, 2007
viz-a-viz Baht 208 million for the quarter 3, 2006. EBITDA generated from operations is Baht
512 million for the quarter 3, 2007 viz-a-viz Baht 324 million for the quarter 3, 2006, a growth of
58%. The 9 month 2007 consolidation Net Profit was Baht 775 million or 30% higher than the
same period last year..... .
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Indorama to Construct 432,000 ton/year Plant in Decatur, Alabama [August, 2007]
(Decatur, AL, August 24, 2007) - Indorama Polymers, Thailand (IRP), today
announces that it has selected Decatur, Alabama as the site of its new polyethylene
terephthalate (PET) plant. The plant will have a capacity of 432,000 tons of PET per
year, making it North America’s largest PET plant when completed.... .
More... (54 KB)
NET PROFIT GROWTH OF 77% in Q2, 2007 [August, 2007]
IRP reports higher consolidated net profit after tax of Baht 302 million for the quarter 2, 2007
viz-a-viz Baht 170 million for the quarter 2, 2006.... .
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REVENUE GROWTH OF 111% in Q1, 2007 [May, 2007]
IRP reports higher consolidated total revenue of Baht 5,702 million for the quarter 1, 2007 viz-aviz
Baht 2,707 million for the quarter 1, 2006.... .
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NORMALIZED NET PROFIT HIGHER AT BAHT 925 MILLION in 2006 [February, 2007]
IRP reports higher normalized net profit after tax of Baht 925 million for the year 2006
after adjusting for unrealized exchange gains and one time exceptional items viz-a-viz
Baht 861 million for the year 2005... .
More... (81 KB)
IRP to invest in Thailand to retain its lead position [February, 2007]
IRP at its last Board meeting reviewed the Groups business prospects and decided to take measures to
further improve its cost competitiveness and also improve its market-share in its home market – Thailand.. .
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