Indorama Corp completes the acquisition of Adfert

Date:11-08-2022

Indorama Corporation announced 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″), a specialty fertilizers and crop nutrition solution company in Brazil. All condition precedents have been fulfilled and customary regulatory approvals have been received with no further amendments.

Indorama welcomes Adfert´s team to the family and looks forward to having Adfert´s team on board.

This marks another important step towards Indorama's long-term commitment with the Brazilian agribusiness.