Indorama Ventures' indirect subsidiary, Indorama Netherlands B.V., sold its 85% stake in UCY Polymers CZ s.r.o., a Czech recycling subsidiary, to UCY Global Invest GmbH, an entity linked to a minority shareholder. The divestment, which involved no consideration, was completed on January 20, 2026.
This strategic move aligns with Indorama Ventures' IVL 2.0 strategy to optimize its portfolio by divesting underperforming assets that no longer meet business assumptions due to regulatory changes and raw material sourcing issues.
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