The Indorama Mobility Group Overview
Indorama Mobility Group, a business unit under Indorama Ventures (IVL) Fibers division, was formed in 2019 following successive strategic acquisitions of PHP Fibers, Performance Fibers, Glanzstoff, Kordarna Plus and UTT.
It collectively owns decades of industry knowledge and experience as well as the brand equity of each company accumulated over the years in the technical yarn and fabrics for Automotive, Tire and Industrial sectors. The Group’s target end-use markets are Tire reinforcement, Airbags, Seatbelts, Mechanical Rubber Goods (MRG), Sewing Threads, Fabrics, Ropes and Cordage and Composites wherein it has built strong market positions over the years. The Group has now a unique portfolio of fiber, yarn, single-end cord and fabric based on polyester, polyamide, rayon and aramid hybrid as well as the innovative product pipelines from the on-going R&D programs.
The Group is organized into three business segments, namely Tire, Automotive Safety and Functional Materials. Each business segment seeks to deliver best customer value with its unified go-to-market strategy, aligned global manufacturing assets and combined product portfolio. Indorama Mobility Group has a sales revenue of ~ $1 billion with 16 manufacturing sites in nine countries employing over 4,500 people.
Message from CEO
Dear Stakeholders:
Indorama Mobility Group - a Solution Provider in a Dynamic Era
The world of Mobility is experiencing a considerable transformation at present – enhancing performance, safety, compliance, sustainability – simultaneously. Success in this journey requires close partnership with strong players as well as the whole value chain, from raw material suppliers to OEMs.
Indorama Ventures was early to recognize this need and has formed the Indorama Mobility Group in 2019 under its Fibers Division, following the successive strategic acquisitions of PHP Fibers, Performance Fibers, Glanzstoff, Kordarna and UTT; creating a global, innovative and dynamic automotive textile group. Together with Indorama Ventures’ combined PET business and its growing recycling activities, the Mobility Group is equipped with all the necessary backing to help us drive this change.
The Group is operating with three business segments: Tire, Automotive Safety and Functional Materials. Leveraging synergies and scale, the Group has consolidated and aligned its global manufacturing, commercial, Innovation and procurement capabilities to serve its world-class customers even more closely and seeking to add superior value to the industry.
The Tire Business segment of the Indorama Mobility Group is now a world leader in providing textile reinforcement solutions to passenger cars and light vehicles, addressing the pressing needs to reduce their weight, rolling resistance, noise and enhance endurance and high temperature performance. This combined and diversified product portfolio allows a wide latitude for tire designers to address industry issues in the passenger car and other tire market segments.
The Automotive Safety Business segment is a global producer of both airbag yarn and fabrics (flat and OPW), providing high quality materials for demanding downstream and OE customers in order to serve their continuous innovations in airbag applications. It also includes high quality industrial yarns for safety-belts and sewing threads.
The Functional Materials Business segment is a global supplier of industrial yarns and fabrics that cater to a targeted range of industrial applications that seek performance and reliability. We also established the development of composite materials as high-performance, light-weighting, solutions.
As we continue to evolve and adapt to the changing market landscape, Indorama Mobility Group aims to command a leadership position in the target markets and is committed to delivering the best solution for its customers, employees, business partners and the environment.
Jochen Boos
CEO
Indorama Mobility Group
Vision
To be a world-class sustainable chemical company making great products for society.
Mission
We commit to be a responsible industry leader leveraging on the excellence of our people, processes, and technologies to create value for our stakeholders.
Value
- The customer is why we exist.
- Our people make the difference.
- We see change as an opportunity.
- Diversity is our strength.
- We are responsible.
