News
HSBC Indonesia extends US$ 20 million Green Term Loan to PT. Indo-Rama Synthetics Tbk
PT Bank HSBC Indonesia (“HSBC Indonesia”) provided a USD 20 million Green Term Loan to PT. Indo-Rama Synthetics Tbk, a publicly listed integrated yarns and polyester producer and a subsidiary of Indorama Corporation Pte. Ltd., Singapore (“Indorama”). This green loan is helping Indo-Rama to reduce energy consumption by installing new energy efficient machinery and technology in its expanded spun yarns manufacturing facilities and contribute to further improving Indorama Group’s ESG metrics.
