Pt Indo-rama Synthetics TbkIDX: INDR

Indorama corp successfully completes the acquisition of adfert, a specialty fertilizers and crop nutrition solution company in Brazil on 1 november 2022

· Issued by Pt Indo-rama Synthetics Tbk
INDORAMA CORP SUCCESSFULLY COMPLETES THE ACQUISITION OF ADFERT, A SPECIALTY FERTILIZERS AND CROP NUTRITION SOLUTION COMPANY IN BRAZIL ON 1 NOVEMBER 2022 November 4th, 2022

With great pleasure, we announce that effective November 1st, 2022, Indorama Holdings Brasil Ltda ("IHBL" or "Indorama"), has consummated the acquisition of Adfert Aditivos Industria e Comercio LTDA and its affiliates ("Adfert"). All condition precedents have been fulfilled and customary regulatory approvals have been received with no further amendments.

On behalf of Indorama, we welcome Adfert´s team to our family and we look forward to having all of you on board.

This marks another important step towards our long-term commitment with the Brazilian agribusiness.

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