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As of August 2015 Visit our website www.indoramaventures.com

As of August 2015 Visit our website

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Page 1: As of August 2015 Visit our website

As of August 2015Visit our website www.indoramaventures.com

Page 2: As of August 2015 Visit our website

Disclaimer

This presentation might contain “forward-looking statements”, which are based on current expectations and projections about future events, and include all statements other than statements of historical facts, including, without limitation, any statements preceded by, followed by or that include the words “targets”, “believes”, “expects”, “aims”, “intends”, “will”, “may”, “anticipates”, “would”, “plans”, “could”, “should, “predicts”, “projects”, “estimates”, “foresees” or similar expressions or the negative thereof, as well as predictions, projections and forecasts of the economy or economic trends of the markets, which are not necessarily indicative of the future or likely performance of the Company. Such forward-looking statements, as well as those included in any other material discussed at the presentation, concern future circumstances and results and involve known and unknown risks, uncertainties and other important factors beyond the Company’s control that could cause the actual results, performance or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions and estimates regarding the Company and its subsidiaries’ present and future business strategies and the environment in which the Company will operate in the future. Forward-looking statements are not guarantees of future performance. These forward-looking statements speak only as at the date of this presentation, and none of the Company, nor any of its agents, employees or advisors intends or has any duty or obligation to supplement, amend, update or revise any such forward-looking statements to reflect any change in the Company’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based or whether in the light of new information, future events or otherwise. Given the aforementioned risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements as a prediction of actual results or otherwise.

The results of operations for the periods reflected herein are not necessarily indicative of results that may be achieved for future periods, and the Company’s actual results may differ materially from those discussed in the forward-looking statements as a result of various factors not foreseen at the time of giving this presentation.

This presentation should not be treated as advice relating to legal, taxation, financial, accounting or investment matters. By attending this presentation you acknowledge that you will be solely responsible for your own assessment of the market and the market position of the Company and of the risks and merits of any investment in the Shares, and that you will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of the Company’s business.

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Page 3: As of August 2015 Visit our website

To be one of the leading global producers with key focus on people and processes thus making Indorama Ventures one of the most admired companies in the world.

Continuously upgrade quality of products and services through people involvement and world class processes to attain customer delight thus becoming a preferred supplier and institutionalize people learning as a key factor for business growth.

Mission ValuePeople First We believe that people are our core strength, be it our employees, suppliers, customers, shareholders and stakeholders. Their involvement and satisfaction are the key drivers for our success and growth.

Customer Delight We believe we exist because of our customers. We focus our activities to achieve customer delight and loyalty for a long lasting relationship.

Corporate Governance We believe in transparency, accountability and ethics. We aim to achieve highest degree of governance in accordance with the best practices.

Social Responsibility We believe in being responsible and caring for the society and maintaining as well as enhancing the environment around.

Indorama VenturesVision, Mission and Values

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Page 4: As of August 2015 Visit our website

Long-term Business View

▪Leading the recycling revolution.▪The key player in Europe PET recycling.▪Lower carbon footprint.

Creating shareholders’ value

▪Part of the MSCI in Thailand since 2010.▪Selected by Forbes Asia as a Fab 50 company in the Asia Pacific Region.▪BCG Global Challenger and ICIS Top 40 Power Players.▪Market Capitalization THB 119 bn/US$ 3.6 bn (as of April 2015).

Indorama Ventures Leading through Innovation

Truly global company With 56 operating sites, 19 countries, four continents

▪The only Polyester Value Chain company with a presence on four continents.▪Represents over a third of the market in Europe and North America.

Over 260 patents and R&D team over 125 professionals

▪Focused on both staple and specialty products to serve all customer needs.▪Integrated portfolio designed for growth.▪Providing value-added and differentiated products and services.

Globally #1PET producer

▪Benchmark in operational excellence.▪Exceptional management with proven track record.▪Polyester chain industry leader - target capacity of 10.4 million tonnes by 2018.

A+ credit rating with stable outlook by TRIS Rating Co., Ltd.

▪Strong financial discipline.▪Strong commitment to grow shareholder value.▪Strong visibility of cash flow.

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Page 5: As of August 2015 Visit our website

Our Roadmap to Establishinga Winning Business Model

From one PET Plant in Thailand in 1995 toa Truly Global Footprint

▪ Commenced business in Thailand▪ Entered into PET and Fiber

industries▪ Enter PET market in US and

Europe▪ Backward integrated into PTA

1995 - 2010

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▪ Expanded global reach across main markets

▪ Differentiated product portfolio with addition of HVA businesses

▪ Backward integrated into MEG

2010 - 2014

▪ Extended global reach to all key mature and developing markets

▪ Enhanced and well-balanced HVA portfolio

▪ Enhanced integration into raw materials

2014 - 2018

Page 6: As of August 2015 Visit our website

Continuous Growth leads to Sustainable LeadershipDifferentiation and low cost business profile

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1994 Commenced business in Thailand by setting up the first worsted wool yarn producer in Thailand.

1995 Entered the petrochemical industry with the establishment of a PET resin facility in Thailand.

1996 Grew PET business downstream by producing PET preforms, bottles and closures through a joint ventures with Serm Suk PCL.

1997 Entered the polyester fiber business with the acquisition of Siam Polyester which subsequently re-named Indo Poly.

2003 The Company expanded PET production internationally with StarPet in the U.S.A.

2006 IVL expanded into Europe with Orion Global PET in Lithuania.

2008 Entered into PTA business with IRH Rotterdam, Indorama Petrochem and TPT Petrochemicals.

Acquired Tuntex Thailand, the largest polyester fiber producer in the country.

Acquired two PET resin facilities from the Eastman Chemical Company in Rotterdam, the Netherlands and Workington, UK.

2009 IVL completed construction of AlphaPet in Alabama, the U.S.A.

2010 Listed in Thailand as IVL. Launched strategic plan to triple production capacity by 2014. We acquired a business in Italy through joint venture and a utilities company to power our Rotterdam plant.

Indonesia and Poland, with entry into R&D through acquisitions in the US and Germany, as well as a joint venture for a PTA facility in Indonesia. Entry into value-added hygiene sector with acquisition of FiberVisions in the U.S.A. Acquired Polypet in Indonesia, BPL in the UK and Old World MEG acquisition slated for April 2012. IVL constructed a PET plant at Port Harcourt, Nigeria.

2013-2014

IVL board approved the acquisition of a packaging company in Nigeria, Africa. IVL announced the acquisition of PHP Fibers GmbH and its subsidiaries. IVL holds 80% of PHP while the remaining 20% is held by Toyobo. We acquired 100% of Artenius TurkPET A.S. in Adana, Turkey. The company has added new packaging facilities in The Philippines and Ghana in 2014.

2011-2012

Acquisitions in HVA business and build portfolio of differentiation and low cost in the US, Mexico, Germany, China,

IVL announced agreement to acquire Performance Fibers in China.

2015 IVL announced agreement to fully acquire the new state-of-the-art PET resin plant, Polyplex Europa Polyester Film San ve Ticaret. A.Ş. In Turkey. We acquired 94.91% stake in Bangkok Polyester (“BPC”), Thailand and signed an agreement to acquire 100% shareholding of CEPSA Chimie Montréal s.e.c. in Canada.

Page 7: As of August 2015 Visit our website

Global Presence56 Operating sites in 19 countries across 4 continents

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IVL has two non-operating sites in Workington, UK, and Ottana, Italy

Page 8: As of August 2015 Visit our website

Global Industry LeaderDominant Presence Across The Value Chain

Position Segment Region Share Other Players

PET Polymers

North America 31% Alpek, M&G

Europe 29% La Seda, Neo Group

China* 42% CRC, Pan Asia

Thailand 38% Shinkong, Thai PET Resin

Indonesia 44% IRS, Petnesia

West Africa 75% Hosaf

PET Packaging Thailand 11% Precision Plastics, Srithai

Polyester FibersNorth America 16% Nan Ya, Alpek

Europe 29% Greenfibre, Elana

Thailand 32% TPC, Kangwal

Indonesia 22% Asia Pacific, Tifico

Monocomponent PP Fibers North America, Europe 31% IFG, Meraklon

Polyamide 6.6 Airbag Fibers Europe 53% Invista, Nexis

RPET Flakes Europe 6% Freudenberg, STF

RPET Fibers Europe 16% Greenfibre, Sion

Purified Ethylene Oxide North America 30% Shell, BASFPET Polymers PET Packaging Fibers Recycling PEO

PET Producer Globally Differentiated Fiber Brand in Attractive HVA Niches

#1

#1

#1

#1

#1

#1

#1

#1

#1 #1 #1 #1 #1

Note: *Pearl River DeltaSource: Industry Data, IVL Analysis

111

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Page 9: As of August 2015 Visit our website

PETRevenue

THB in million• No.1 global PET player• 26 sites, 13 countries, 4 continents• Capacity: 3.8 MT per annum at the end of 2014• Only PET producer with presence in Europe , North America, Asia and Africa

• Leadership in Europe and North America• Well-established and growing exposure to emerging markets

Fibers and YarnsRevenue

THB in million• 23 sites, 10 countries, 4 continents• Capacity: 1.4 MT per annum at the end of 2014• Leading global player with presence in Europe, North America and Asia

• A global leader in value-added products• Well-established and growing exposure to emerging markets

FeedstockRevenue

THB in million

Focused Portfolio in the Polyester Value Chainwith committed total capacity of approximate 9 million tonnes by 2016

• 6 sites, 5 countries, 3 continents• Capacity: 2.3 MT per annum at the end of 2014• Strategic co-located with downstream facilities• Raw material integration• Provide cost competitive edge to PET and fiber businesses

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146,418

145,121

70,27447,968

64,477

70,391

PET

Fibers and Yarns

Feedstock

Page 10: As of August 2015 Visit our website

▪Hygiene Fibers▪Bi-component Super Absorbent Fibers

▪Recycled Fibers▪Medical Application▪Mono Filament▪Non-woven

▪Spinning Fibers▪Spinning Drawn Yarns▪Partially Oriented Yarns▪Regular Filament Yarns

▪Water Grade▪CSD Grade▪Reheat Grade▪Hot Fill Resin▪Film/ Sheet Grade▪Semi Dull

▪Purified Terephthalic

Acid

▪Ethylene Oxide▪Ethylene Glycols

PTA PET Polyester Staple Fibers High Value AddedProducts

▪Specialty Film▪Can Liner Resins▪Barrier Resins▪Low Melt Polymer▪EBM PET▪rPET & Sb-free Resins▪Compounding Resins▪Medical Application▪High IV▪Refill Grade

Leading polyester chain producerDiversified Product Portfolio

Feedstock Polymer

21% 79%

MEG

68% 8% 24%

Based on 2013 production volume

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Page 11: As of August 2015 Visit our website

Recycling for Sustainable Future GrowthIVL Global Recycling Platform 2014

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North America Europe Asia

2

1

3

57

8

6

Recycled Polymers Recycled Fiber Flakes

Alpha Pet, USA

Auriga, USA

IV Polymers, Mexico

IV Ecomex, Mexico

Wellman, Ireland

Wellman, France

Wellman, Netherlands

1

2

3

IPI NPT, Thailand5

6

7

8

Technology + Production Know How

4

4

Page 12: As of August 2015 Visit our website

Partnering Closely with Global MajorsWorld’s most famous brands

World-class Raw Material Suppliers World-class Technologies World-class customer base globally

Partnership

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Page 13: As of August 2015 Visit our website

Polyester Value ChainBridge between petrochemicals and FMCGs

PTA Plant

PolyesterPolymer Plant

MEG Plant

Aromatics (PX)Plant

MEG (0.34)

PTA (0.86)

Steam Cracker

Refinery

PET Film

Polyester Fiber

PET Resin

Energy & Upstream Petrochemicals

PX and Ethylene

Consumer Staple

Key end use markets

Food & Beverage

Personal Care & Home Care

PharmaceuticalsElectronics

ApparelHome Textile

Non-wovenAutomotive

SpecialtyPolymers

Specialty Fiber

Polyester Chain

PTA, MEG and Polyester

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Page 14: As of August 2015 Visit our website

INDORAMA VENTURES PCLExperienced Board of Directors

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Executive and Non-executive Directors

S.P. Lohia

*****Chairman

(Non-executive)

Aloke Lohia

*****NCCG Committee

Sustainability & Risk Management

Committee

Suchitra Lohia

*****CSR Committee

D.K. Agarwal

*****Sustainability &

Risk Management Committee

Amit Lohia

*****Director

(Non-executive)

UdayGill

*****Sustainability &

Risk Management Committee

Rathian Srimongkol

*****Audit Committee Sustainability &

Risk Management Committee

WilliamE. Heinecke

*****NCCG Committee

Kanit Si

*****NCCG Committee

Dr. Siri Ganjarerndee

*****Audit Committee

NCCG Committee

Independent Directors

S.P. Khaitan

*****President

Wool

MarisSamaram

*****Audit Committee Sustainability &

Risk Management Committee

Russell Kekuewa

*****Sustainability &

Risk Management Committee

* Mr. Apisak Tantivorawong resigned from the IVL Board, effecitve 17 August 2015.NCCG - Nomination, Compensation and Corporate Governance Committee

Page 15: As of August 2015 Visit our website

Recent Recognitions, Strong Commitment

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Forbes 2014 Asia’s Fab 50

Companies

ICIS2014 ICIS Top 100 Chemical

Companies

BCG2014 BCG Global

Challengers

IHS 2014 Chemical Week’s

Billion-Dollar Club

SETFive-Star Corporate

Governance Rating 2013

IODAudit Committee of the Year

2013

IODBoard of the Year

2013

CSR Recognition Award 2014

Page 16: As of August 2015 Visit our website

Key Strategic Drivers

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ProductDiversification

Integration

Asset Portfolio Optimization

▪ Sustainability as key business driver▪ Recycling capabilities and increasing use of RPET

▪ Expand presence in attractive, growth HVA segments (e.g. Automotive, Hygiene)

▪ Enhance integration of downstream and intermediates businesses for margin resilience

Sustainability

▪ Continued reinvestment and active asset portfolio management to stay ahead of the cost curve (e.g. Europe)

Geographic Diversification

▪ Expand access to key developed and developing markets (Turkey, Africa, Asia, Middle East)

Operational Excellence

▪ Relentless focus on operational excellence▪ Well-defined optimization plan

#1

#2

#3

#4

#5

#6

Page 17: As of August 2015 Visit our website

Looking with Confidencein the Future

New Markets New Products ‘Green’ SolutionsUnderpenetrated Emerging Markets Continued Production Substitution Lowest Carbon

Footprint

IVL – Delivering Superior Shareholder Value

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Page 18: As of August 2015 Visit our website

Our Strategic Levers

Scale, geography, innovation

▪ Long-Term Commitment

▪ Integrated Business Model

▪ Market Access

▪ Operational Excellence

▪ Innovation

▪ Sustainability

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Page 19: As of August 2015 Visit our website

Thank you for your attention

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Dank u

Na gode

Danke

Dziękuję

Go raibh maith agat

ขอบคุ�ณ

Salamat Po

Ačiū

TakGracias

Grazie

Thank You

Terima kasihMerci

Xièxiè