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Sri Prakash Lohia edit

Sri Prakash Lohia
Born
Sri Prakash Lohia

(1952-08-11) 11 August 1952 (age 71)
Kolkata, India
Citizenship  Indonesia
EducationBachelor of Commerce
Alma materUniversity of Delhi, 1971
OccupationEntrepreneur
Years active1976 to 2008
OrganizationIndorama
Known forFounder and Chairman of Indorama Corporation and Chairman of Indorama Ventures PCL Indorama Corporation and Chairman of Indorama Ventures PCL
SpouseSeema
ChildrenTwo
Parent(s)Mr. Mohan Lal Lohia and Mrs. Kanchan Devi Lohia
AwardsPravasi Bharatiya Samman Award (Overseas Indian Award)
Websitewww.indorama.com

Sri Prakash Lohia is Founder and Chairman of Indorama Corporation and Chairman of Indorama Ventures PCL. Indorama Corporation is a diversified petrochemical and textile company while Indorama Ventures is most notably the world’s largest producer of polyester.

Mr. Lohia hails from India but spent the majority of his professional life in Indonesia (1972 to 2008). In 2012, Forbes ranked him as the 13th richest person in Indonesia with a net worth of US$1.7 Billion. He currently resides in London with his wife Seema.

Early Life edit

Mr. Lohia was born in Kolkata on 11 August 1952 to Mr. Mohan Lal Lohia and Mrs. Kanchan Devi Lohia. He has three brothers (Om, Ajey, and Aloke) and one sister (Aruna).

Mr. Lohia graduated from Delhi University in 1971 with a bachelor’s degree in Commerce. He married in 1973.

Career edit

In 1972, Mr. Lohia moved to Indonesia and started Indorama Synthetics, which began to manufacture spun yarns in 1976. In 1991, Indorama Synthetics diversified into the manufacture of polyester fibers and then polyester bottle-grade (PET) resins in 1995. In 2006, Mr. Lohia commissioned Indorama’s first PTA plant in Thailand. In 2009, Mr. Lohia and his brother, Mr. Aloke Lohia, merged assets to create Indorama Ventures, which is today the world’s largest polyester company. Indorama Ventures went public in 2010 and is listed on the Bangkok Stock Exchange.

In 2006, Mr. Lohia acquired an integrated olefin cracker in Nigeria, which is today the largest petrochemical company in West Africa and the second largest olefin producer in Africa.

Indorama Corporation is Mr. Lohia’s principal holding company, which is based in Singapore.

In 2012, Mr. Lohia was given the Pravasi Bharatiya Samman Award (Overseas Indian Award) by the President of India.

Personal Life edit

Mr. Lohia has two children. His son, Amit Lohia, graduated magna cum laude from University of Pennsylvania’s Wharton School of Business. He is the Managing Director of Indorama Corporation and a director in various Indorama companies. Mr. Lohia’s daughter, Shruti Hora, graduated from Babson College and currently resides in Singapore.

Mr. Lohia is the brother-in-law of Mr. L.N. Mittal.

Mr. Lohia is one of the world’s largest collectors of old books of hand-colored lithographs. He is working on a project to digitize his lithographs and those at other leading libraries around the world. They can be viewed at http://www.splrarebooks.com.

References edit


Category:1952 births Category:Living people Category:Indian chief executives Category:People from Kolkata Category:Rajasthani people Category:INDONESIA billionaires Category:INDONESIA Hindus