Sri Prakash Lohia
editSri Prakash Lohia | |
---|---|
Born | Sri Prakash Lohia 11 August 1952 Kolkata, India |
Citizenship | Indonesia |
Education | Bachelor of Commerce |
Alma mater | University of Delhi, 1971 |
Occupation | Entrepreneur |
Years active | 1976 to 2008 |
Organization | Indorama |
Known for | Founder and Chairman of Indorama Corporation and Chairman of Indorama Ventures PCL Indorama Corporation and Chairman of Indorama Ventures PCL |
Spouse | Seema |
Children | Two |
Parent(s) | Mr. Mohan Lal Lohia and Mrs. Kanchan Devi Lohia |
Awards | Pravasi Bharatiya Samman Award (Overseas Indian Award) |
Website | www |
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
editMr. 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
editIn 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
editMr. 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