We are pleased to announce our partnership with Sumitomo Mitsui Banking Corporation Singapore Branch (SMBC) to secure USD 33 million Sustainability Linked Loans – Term and Working Capital (SLL) for our subsidiary, JSC Indorama Kokand Fertilizers and Chemicals in Uzbekistan, to finance its capital expenditure and working capital requirements.
We recognize the significance of enhancing our ESG metrics as we continue to expand our business. This financing arrangement marks another significant milestone in our journey toward sustainable growth and underscores our proactive approach to sustainability. By integrating environmental and social considerations into our financing decisions, we aim to drive positive change while fostering long-term value creation. We are pleased to have SMBC’s support with this SLL, which further reinforces our long-standing relationship and leverages their sustainability expertise.