[pageLogInLogOut]

#Textile chemistry

Indorama Ventures awarded "2020 DX CEO" by IDC Thailand

© 2020 Indorama
Indorama Ventures Public Company Limited (IVL), a global chemical producer, was recognized by IDC Thailand with Mr. Aloke Lohia, Group CEO, acknowledged as the ‘2020 DX CEO’ for Thailand in this year's IDC Digital Transformation Awards (DX Awards). IDC's DX Awards recognizes outstanding organizations that have made critical breakthroughs in digital transformation, changing its business and markets across the Asia Pacific region.

IVL is currently implementing its digital transformation project utilizing S/4 Hana, an integrated SAP ERP across all functions. The full implementation of the ERP will help drive organization-wide optimization, improve overall efficiency and make IVL's businesses even more agile. The project is also part of the company’s Olympus project, a cost transformation initiative which is expected to deliver savings of approximately $350 million by 2023. The project includes deployment of a global business solution throughout finance, operations, procurement, supply chain, sales and HR functions across IVL’s 120 operating sites in 33 countries across the world.

Mr. Aloke Lohia, Group CEO at Indorama Ventures said, "I am so proud of my team and honored to be named ‘2020 DX CEO’ by IDC Thailand. As IVL has mostly grown inorganically in recent years, we have a strategy to enhance the optimization and integration of our business operations through several transformation projects, with the single ERP system at the core. That is why we got into the SAP system after due deliberation. We chose a very good partner, 'Accenture', for the implementation of our digital transformation project. Even though we are caught in COVID-19 restrictions, we continued the implementation virtually with frequent updates among our team across all 33 countries and 120 sites. We believe that our digital transformation will better serve our customers, clients and employees. As we all know, data is the new oil and we would be able to leverage this to enhance our excellence and bring forward an improvement for our shareholders.




Mr. Sudev Bangah, Managing Director at IDC ASEAN said, “Mr. Lohia started an initiative to drive intrinsic value through digital transformation at IVL by exploring industry 4.0 capabilities with Machine Learning & Mathematical Optimization as well as identifying 250+ digital value creation opportunities across 120 sites. He exhibits confidence and a strong vision with the ability to strategically execute his vision into actions that assisted in transforming IVL to become a more successful organization.

“Mr. Lohia is leading IVL on the right path by driving business resilient qualities within the organization such as agility, flexibility and being customer centric. He ensures that the right strategies, skills, and passion are in place to make IVL fit for the future,” Sudev added.

IDC DX Awards were assessed by organizations driving business model transformation and business ecosystem which leverages from digital technologies such as Cloud, Mobile, Big Data / Analytics, Social and IoT across the Asia Pacific region. This 2020, IDC award has received more than 1,200 nominations across participating countries such as Singapore, Indonesia, Philippines, Malaysia, Thailand, Hong Kong, Taiwan, China, South Korea, India, Australia, and New Zealand.


More News from TEXDATA International

#Texprocess 2026

Texprocess 2026: Automation, digitalisation and AI redefine textile processing

Making investment decisions in textile processing has become significantly more demanding. Increasing energy costs, a shortage of skilled labour and ongoing geopolitical uncertainties are compelling companies to focus on technologies that deliver clear gains in efficiency and process reliability. This applies equally to apparel manufacturing and to the processing of technical textiles and high-performance materials. As a result, modernisation initiatives are assessed more carefully – even as the need to upgrade production systems continues to intensify.

#Techtextil 2026

Techtextil 2026: Between innovation pressure & market reality

From 21 to 24 April 2026, Techtextil in Frankfurt am Main will once again become the central meeting point for the international technical textiles and nonwovens industry. Running in parallel, Texprocess will focus on the industrial implementation of textile processing technologies as the leading platform in this field. Together, the two trade fairs form a closely integrated presentation and working platform along the entire textile value chain – from material development to finished applications.

#Techtextil 2026

Between geopolitical pressure and industrial resilience

In this interview, Dr. Janpeter Horn (VDMA) discusses the current challenges facing textile machinery manufacturers, shaped by geopolitical tensions, regulatory developments and subdued investment. He also outlines why innovation strength, integrated solutions and strategic positioning remain key to global competitiveness.

#Texprocess 2026

Between investment restraint and modernization pressure

Texprocess 2026 takes place in a complex market environment shaped by uncertainty and innovation pressure. In this interview, Elgar Straub (VDMA) explains why the trade fair is particularly relevant this year and which technologies are driving efficiency and competitiveness.

More News on Textile chemistry

#Sustainability

bluesign technologies introduces bluepass

bluesign technologies ag (www.bluesign.com) today announces the launch of bluepass, a new certification mark and product labeling system created to deliver clear, substantiated, and verifiable sustainability claims at scale.

#Textile chemistry

Officina39 expands in South Asia with dual trade show presence and new low-impact dyeing innovation

Officina39 reinforces its strategic expansion in South Asia by announcing its participation in two key textile industry events in Bangladesh and India, alongside the launch of a new solution designed to reduce the environmental impact of reactive dyeing.

#Techtextil 2026

Speed and connectivity: Techtextil and Texprocess provided market-ready solutions for industries under pressure

With more than 36,000 visitors and 1,700 exhibitors from a total of 112 countries, Techtextil and Texprocess 2026 demonstrated how innovation comes into industrial use. The convergence of research, industry and application proved to be a breeding ground for new material solutions, manufacturing and processing technologies. Natural fibres, performance apparel, connected systems and AI-driven processing technologies emerged as key growth and future markets.

#Techtextil 2026

RUDOLF is pioneering the future of technical textiles by developing innovative, functional solutions

At Techtextil 2026, RUDOLF presents its latest innovations for textile auxiliaries, textile care and construction chemicals. Based in Geretsried, Bavaria, the company draws on more than 100 years of experience and continues to position itself as a global technology partner focused on quality, innovation and sustainability.

Latest News

#Sustainability

Number of GOTS-certified facilities grow 15% globally as demand for credible sustainability standards continues to strengthen

Global Organic Textile Standard (GOTS) certification continued to grow in 2025, with nearly 18,000 certified facilities worldwide, despite ongoing geopolitical uncertainty and rapidly evolving regulatory requirements across global textile supply chains.

#Raw Materials

ECCO introduces first shoe featuring innovative protein-based fibre

ECCO, in partnership with Spinnova, announces the launch of the limited edition ECCO BIOM® 720, a first-of-its-kind shoe utilising an often overlooked leather by-product, transformed into a protein-based fibre. The fibres are produced using patented technology that advances material innovation while reducing waste and supporting full resource use across the leather and textile industry.

#Man-Made Fibers

The LYCRA Company strengthens sustainability leadership, appoints Alistair Williamson as VP of Product Sustainability

The LYCRA Company has appointed longtime executive Alistair Williamson as vice president of product sustainability, reaffirming its commitment to developing sustainable solutions for apparel and personal care products. In this role, he will guide the company’s next chapter of sustainability strategy and oversee all initiatives aimed at reducing environmental impact across products, operations, and innovation platforms.

#Raw Materials

Kraig Biocraft Laboratories reports major progress converting record-setting spider silk cocoon production into reeled silk

Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“the Company”, “Kraig Labs”, or “Kraig’s”), a world leader in spider silk technology*, today announced significant progress in the processing of its recently produced recombinant spider silk cocoons into reeled silk.

TOP