Indorama Ventures Public Company Limited (INDOY) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

And thank you for taking time joining us for Indorama Ventures third quarter results briefing. My name is Vikas Jalan, Investment Relations and Corporate Responsibilities at IBO. Joining me today, we have Mr. Alok Lohia, Group CEO, Mr. D.K. Agarwal, Deputy Group CEO, Muthu Kumar, Pramashivam and Kumar Ladha, co-leaders at CPAT segment, Sunil Marwa, President for Indovida segment, Alistair M. Port, Executive President for Indovina, and Diego Bori, Executive President for Fibers Business. Quick disclaimer that this meeting is being recorded and a replay of this session will be available on our website after the meeting. We have made few assumptions and estimates on future trends for industry and business, which are based on analysis and available information at this point in time. So with that, I now invite Mr. Luria to first give the opening remarks. Over to you, Mr. Luria, please. Thank you, Vikas. Thank you, Vikas. Good afternoon, ladies and gentlemen. Another disappointing quarter, and I would like to share with you what is happening in the world of the industry, in the world of chemical industry. So, the global ecosystem has we all recognize is undergoing a period of transformative shifts, impacted by the geopolitical tensions, unprecedented technological advances, changing demographics leading to changing consumer behavior, and environmental factors. Meanwhile, the chemical industry is in the middle of a perfect storm. battling record over capacity and poor demand primarily in the downstream automotive and construction sector, which impacts a host of consumers and demand for petrochemical products. While reflecting on CMD, I had trust on the industry's prudence to manage itself in a balanced growth manner, taking into recognition the large capacities that have co...