Indorama Ventures PCL

Common Name
Indorama Ventures
Country
Thailand
Sector
Basic Materials
Industry
Chemicals
Employees
N/A
Ticker
IVL
Exchange
STOCK EXCHANGE OF THAILAND
Description
Indorama Ventures Public Company Limited is a leading global producer in the petrochemicals industry. Renowned for its integrated manufacturing processes, the company specializes in the production of ...

Indorama Ventures Waste Data Preview

In 2023, Indorama Ventures conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2023202220212020 - 2017
Total Waste Generated
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0000000
Total Waste Recovered
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a
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0000000
Total Hazardous Waste Generated
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0000000
Non-Hazardous Waste Disposed
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0000000
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Verified Sources Behind Indorama Ventures’s Waste Management Data

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a. Indorama Ventures's Sustainability Report 2023
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Insights into Indorama Ventures's Waste Treatment Practices

In 2023, Indorama Ventures generated a total of 463,310 metric tonnes of waste. a

Of this amount, 24.58% of Indorama Ventures's total waste generated was recovered through methods such as recycling, reuse, or composting, while 75.42% was disposed of through landfilling, incineration, or combustion. a

Indorama Ventures's Waste Recovery Rate

25%

How much of Indorama Ventures's waste is recycled or recovered?

In 2023, Indorama Ventures reported a total waste generation of 463,310 metric tonnes, of which 24.58% was recovered through recycling, reuse, or composting. This low recovery rate highlights limited waste diversion and suggests that Indorama Ventures may be relying more heavily on landfill or incineration, underscoring opportunities for stronger resource recovery initiatives. a

Has Indorama Ventures reduced its environmental waste footprint over time?

Since 2020, Indorama Ventures's total waste generation increased by 38.82%, but remained relatively stable in 2023, suggesting that past growth in waste production may have recently plateaued. a

Over the same period, Indorama Ventures's waste recovery rate declined by 48.13%, with a further 3.04% drop in 2023, underscoring a weakening in waste diversion performance and a potential drift away from circular waste strategies. a

Overall, Indorama Ventures continues to produce more waste than in earlier years, while falling short on recovery. Recent stagnation in waste output offers little relief if recovery performance continues to weaken.

Indorama Ventures’s Waste Recovery vs. Disposal Over Time

20202021202220230150 k300 k450 k600 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Indorama Ventures’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Indorama Ventures generated a total of 463,310 metric tonnes of waste. a

Of this amount, 32.01% of Indorama Ventures's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 67.99% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls. a

Indorama Ventures’s Hazardous vs Non-Hazardous Waste Over Time

20202021202220230150 k300 k450 k600 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Indorama Ventures reduced the environmental impact of its waste?

Since 2020, Indorama Ventures's total waste generation increased by 38.82%, including a 0.13% rise in 2023, reflecting a persistent upward trend that could be linked to operational growth, inefficient material use, or limited investment in waste prevention systems. a

Over the same period, Indorama Ventures reduced the hazardousness of its waste by 8.81%, with a further 4.82% decline in 2023, suggesting a sustained and meaningful shift toward safer waste profiles and lower environmental impact. a

Overall, Indorama Ventures's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy. a

How does Indorama Ventures treat its hazardous waste?

In 2023, Indorama Ventures reported that 148,303 metric tonnes of its total waste output were classified as hazardous. This represents 32.01% of its overall waste generation. a

The company treated this hazardous waste using a combination of methods. Approximately 31.34% was managed through recovery methods, indicating a moderate integration of circular practices into its hazardous waste management. However, a significant share was still directed toward disposal, highlighting room for improvement in reducing the long-term impact of hazardous materials. a

Breakdown of Indorama Ventures's Hazardous and Non-Hazardous Waste by Treatment Method

Hazardous WasteDisposed(22.0%)Hazardous WasteRecovered(10.0%)Non-Hazardous WasteDisposed(53.4%)Non-Hazardous WasteRecovered(14.6%)
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