Aloke Lohia

Net worth over time

Biography

• Indian-born plastics tycoon, Aloke Lohia, is the younger brother of Sri Prakash Lohia, one of Indonesia's richest.
• The Bangkok resident runs the $15.4 billion (2024 revenue) Indorama Ventures, the world's largest producer of PET resins by capacity.
• To expand its global footprint, Indorama has been on an acquisition spree with a string of acquisitions since 2014.
• Bullish on his country of origin, Lohia has a joint venture with India's Dhunseri Petrochem to make polyester resin in eastern India.
• The family holding outfit Indorama Resources is investing $1.5 billion globally to expand recycling capacity and sustainable production.
• Lohia has lunch with his wife, Suchitra, who works with him nearly every day.
• In 2022, the company completed the acquisition of Oxiteno, a Brazilian producer of surfactants, for $1.3 billion.
• Indorama Ventures has recycled 50 billion PET beverage bottles since 2011 and aims to recycle 50 billion annually by 2025.
• In February 2025, Indorama Ventures agreed to buy a 25% stake in Indian packaging company EPL from private equity giant Blackstone for 19 billion rupees.

Financial assets