1 Bangkok, Thailand – Capital Day January 10 th 2014 Indorama Ventures PET Business Segment Europe 2014

PET EMEA - Business Value Enhancement E 2018 Key Drivers Market leadership Upstream Integration Geographical Diversification Cost leadership Market reach EMEA growth opportunity ROCE to improve - Rationalisation of Workington asset Higher Capacity Utilisation Growth in EMEA Poland Debottlenecking Cost reduction initiatives Efficient working capital management Note : 2014 & 2018 includes new projects Volume in KMT & Revenue in MM $

3 Orion Global, Lithuania Eastman (RTD + WKT) SK Poland PET EMEA Growth Journey.. Lead by Greenfield and successful acquisitions Cumulative Capacity (KMT) * Year Green Field Acquisition 6 sites- 5 countries Brownfield RTD-II OGP DBN RTD-II OGP DBN POLAND DBN New capacities based on startup dates. *Mothballing in WKT (168KMT) & Poland DBN (73KMT) in includes Nigeria SSP WKT Mothballing Capacity Share- 40% PET EMEA 34% CAGR IPNL, Nigeria IPNL, Nigeria Projects: Thor & Poseidon Projects: Thor & Poseidon

ParameterIVLCompany ACompany BCompany CCompany D Cost competitiveness Geographical Diversification (Multi Sites) Raw Material Integration Market Reach Speciality Portfolio Financial Strength European PET Producer’s… Competition We Respect PTA integration and cost leadership High Moderate Low

European PET Business Drive for Consolidation IVL is the Market Leader with 37% capacity, presence in multiple countries Capacity In Process Of Rationalisation post Laseda insolvency Opportunity to replace imports of 650 KMT IVL is the Market Leader with 37% capacity, presence in multiple countries Capacity In Process Of Rationalisation post Laseda insolvency Opportunity to replace imports of 650 KMT

European PET Business Utilisation Rate to Improve Post Rationalization ~780 KMT to rationalise in , thus operating rate in will improve to ~91% Rationalisation assumption – 1. NE – U (168) ; D (90) 2. SE - I (120) ; K (70); G (170 KMT); Z (161)

7 xxxx European PET Business ~ Market Profile Target to enhance HVA & rPET volume…. PET leader with 34% of the virgin resin market share rPET focus – Strategy of forward integration using IVL Wellman flakes Potential to grow HVA portfolio utilizing IVL Trevira facility (3,500 KMT) Virgin + rPET

European PET Business IVL EU STRATEGY 2014 PTA integration Actions on trade barriers and GSP Fixed cost reduction Optimal cost structure Improved working capital management Energy Saving Projects (OGP Bio – Fuel) Productivity Volume growth in African region Maintain market share Acquisition in new territory Bio capability in RTD WKT moth balling Higher utilization Poland Debottle knecking EfficiencyGrowth Strategic fit Operational Excellence

9 Thanks