Indorama Industries Launches Inviya

Singapore — February 6, 2012 — Indorama Industries Limited [IIL], part of Indorama Corporation,
Singapore, has launched the new branded spandex product Inviya™. It is now the only company in
India to manufacture spandex filament. Inviya™, the new freedom fibre, is the new hi-tech spandex
filament that will revolutionise the fashion industry in India.

Inviya™, the spandex filament is specifically conceived for applications expanding across
stretch denim, sportswear, activewear, bottomwear, intimate garments, innerwear, socks, surgical,
medical applications and much more.

Inviya™ was launched on 04 February at the All India Textile Conference held at Stein
Auditorium, the Indian Habitat Centre, New Delhi by Indorama Industries Limited, an Indian venture
of Indorama Corp., Singapore. With the launch of the spandex filament, the company will bring forth
the advantages of this innovative technology for the first time to the country.

Sri Prakash Lohia, Chairman of Indorama Corporation espouses, “As a frontrunner in
introducing new technology in the market, Indorama is dedicated to expanding its product portfolio
of high value and performance textiles by providing consumers with the world-class spandex filament
closer to home. We, at Indorama, are dedicated to establishing Inviya™ as the best solution for
industries in the textile and apparel sector in the coming years.”

According to recent studies, the spandex usage in India is growing at 15 to 20 per cent per
year as compared to world’s expected growth of 7 to 8 per cent every year. The direct consumption
of bare spandex in the country currently stands at around 6,000 to 7000 tons per annum, all of
which is imported. In the light of the flourishing growth in the organised retail segment and
branded clothing market, it is a natural step for IIL to invest in Inviya™.

Inviya™ will be commercially produced in their manufacturing plant in Baddi, Himachal Pradesh
using dry spun continuous polymerisation technology and equipment from Italy, PRC and Japan. It is
a zero waste discharge plant and will have a capacity of 15,000 tons per year in a phased manner,
with current capacity being 5,000 tons per year.

Posted on March 20, 2012

Source: Indorama