May 1, 2014
Tom Zaiser Named Chief Executive Officer of
Bangkok, Thailand – Indorama Ventures Public Company Limited is
appointing Tom J. Zaiser Chief Executive Officer of its FiberVisions subsidiary
effective April 30, 2014. Mr. Zaiser
succeeds Gary M. Spitz who is leaving the company. Mr. Zaiser will continue in his current role
as President and General Manager of the ES FiberVisions joint venture.
Mr. Zaiser joined FiberVisions in 2005 and
was most recently Chief Marketing Officer.
He has over 30 years of experience in the chemical industry and
previously held senior positions at Hercules Incorporated prior to his move to
FiberVisions and ES FiberVisions.
Mr. Uday Gill, President of the Fibers and
Yarns business at Indorama Ventures noted that “We are pleased to have Tom step
into this role. Not only has Tom been
instrumental in growing the business, but he has also demonstrated strong leadership
in his various positions at FiberVisions.
We look forward to FiberVisions continuing its record of innovation and
growing with its customers around the world.”
FiberVisions is a wholly owned subsidiary of Indorama Ventures Public Company Limted. FiberVisions is the global leader in developing, manufacturing and marketing polyolefin staple fibers for nonwoven applications. Through its joint venture with Japanese company JNC, ES FiberVisions, it is also the world’s leading supplier of bicomponent fibers. FiberVisions uses proprietary technology and state-of-the-art manufacturing facilities to supply innovative products to customers in industries such as hygiene, textiles, automotive and construction.
About Indorama Ventures
Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB) is the world’s leading producer in the polyester value chain, with a global footprint and manufacturing across Africa, Asia, Europe and North America. Its products serve major players in consumer staples. The company’s main products are PTA, PET, Polyester fibers and yarns and Ethylene Oxide/Glycols, which are distributed across the world. IVL has 10,000 employees worldwide and consolidated revenue of US$ 7.5 billion in 2013.