Indorama Ventures Affirms Safety of Employee and Assets of Hygiene Fibers Facility in Israel

Indorama Ventures Public Company Limited (SET: IVL) has disclosed information regarding its business operation in Israel amid the ongoing unrest in the country.

IVL stated that it operates a Hygiene fibers facility in Dimona, Israel with a capacity of 19KT per year, serving the baby diaper and feminine hygiene markets. All the employees and assets are safe at this time.

IVL added that the Israel operation constituted only 0.04% of IVL core EBITDA and 0.2% of Revenues in 2022.