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Aloke Lohia

Aloke Lohia

In 1988, at his businessman father’s urging, Lohia set up a small chemical company that used plant waste to make furfural oil for the steel industry — but it failed. Undeterred, Lohia established Thailand’s first worsted wool yarn manufacturer in 1994, before returning to the chemical industry. Lohia, 56, set up the country’s first PET (polyethylene terephthalate) factory in 1995, and successfully turned Indorama Ventures into the world’s largest producer of PET and polyester.