With A Focus On Biofuels And Lithium Mining, The Company Is Positioning Itself Ahead In The Renewable Energy Market
As the global and Brazilian demand for renewable energy grows at an accelerating pace, Indorama Ventures, a global leader in chemical intermediates and surfactants, is putting 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 lithium extraction, an essential mineral for the production of electric vehicle 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 eager to launch the first item from our range of solutions focused on bioethanol production,” emphasizes Vinicius Sampaio Vasques, Field Marketing Manager for the Energy & Resources segment at Indorama Ventures.
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Saudi Arabia is building in Oxagon a US$ 8.4 billion mega green hydrogen plant with 4 GW of solar and wind energy, 5.6 million solar panels, and capacity to produce 600 tons per day, transforming the desert into one of the planet’s largest clean fuel factories.
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Germany and Denmark will transform Bornholm into a Baltic power island, connecting 3 GW of offshore wind power to the grids of the two countries via submarine cables and turning a real island into an international energy hub.
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Brazil discovers natural hydrogen in four states and enters the silent race that could redraw the energy transition: Petrobras has already invested R$ 20 million in studies.
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A BRICS country surprises the world, doubles electricity generation in just 7 years, nears 9,800 MW, and becomes one of Africa’s new bets in renewable energy.
An Attentive Eye On Lithium Mining
When it comes to the mining market, Indorama Ventures is preparing for the expected boom in lithium demand. Vinicius points out: “We are aware that mining is one of the global megatrends. With population growth and increased life expectancy, there is a rising 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 favor a sustainable future.” It is worth noting that the company already offers mining solutions for stages such as blasting, grinding, extraction, and water treatment in mining processes.
The Ongoing Journey Towards Sustainability
Consolidating its motto of ‘Reimagining Chemistry Together To Create A Better World’, Indorama Ventures presented in June its report “Innovability 2022: IOD Pathway To The Future.” This document reflects the intensification of efforts from Indorama Ventures’ IOD division to comply with the Sustainability Strategy and achieve the UN Sustainable Development Goals (SDGs). The transparency of the report provides a clear view of the goals set for 2030 that have already been achieved by the company.
Source: Elisa Destro.

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