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With a focus on biofuels and lithium mining, the company positions itself at the forefront of the renewable energy market
As global and Brazilian demand for renewable energy grows at an accelerated pace, Indorama Ventures, a global leader in chemical intermediates and surfactants, puts its Integrated Oxides and Derivatives (IOD) division into action. In São Paulo, on October 25, 2023, the company reveals its robust plan to meet emerging needs, with a special focus on solutions for biofuels and the extraction of lithium, a mineral essential for the production of electric car batteries.
Taking the lead in biofuels
“We are determined to be leaders in the energy transition. In biofuels, our efforts are focused on innovations for the fuels of the future, such as SAF [Sustainable Aviation Fuel] and Second Generation Ethanol. We are looking forward to launching the first item in our range of solutions focused on bioethanol production”, highlights Vinicius Sampaio Vasques, Field Marketing manager for the Energy & Resources segment at Indorama Ventures.
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A Closer Look at Lithium Mining
When it comes to the mining market, Indorama Ventures is preparing for the predicted boom in lithium demand. Vinicius highlights: “We are aware that mining is one of the global megatrends. With population growth and increased life expectancy, there is a growing demand for raw materials for the production of consumer goods and infrastructure. Our mission is not only to meet this demand, but also to launch products that promote a sustainable future.” It is worth remembering that the company already offers mining solutions for stages such as explosion, grinding, extraction and water treatment in mining processes.
The ongoing journey to sustainability
Consolidating its motto of 'Reimagining Chemistry Together to Create a Better World', Indorama Ventures presented its “Innovability 2022: IOD Pathway to the Future” report in June. This document reflects the intensification of efforts by Indorama Ventures' IOD division to comply with the Sustainability Strategy and achieve the UN Sustainable Development Goals (SDGs). The transparency of the report offers a clear view of the goals established for 2030 that have already been achieved by the company.
Source: Elisa Destro.
