Sri Prakash Lohia
Sri Prakash Lohia is an Indian-born-Indonesian billionaire businessman, and the founder and chairman of Indorama Corporation, a diversified petrochemical and textile company. Lohia hails from India but has spent the majority of his professional life in Indonesia since 1974.
- Sri Prakash Lohia made much of his fortune producing PET and other petrochemicals.
- In the 1970s he and his father moved from India to Indonesia, where they cofounded Indorama as a maker of spun yarn.
- It is now a petrochemicals powerhouse, making industrial products including fertilizers polyolefins, textile raw materials and medical gloves.
- Lohia remains chairman but lives in London and has handed the reins to his son Amit, who is vice chairman.
- Indorama is building its second fertilizer plant in Nigeria, for which the International Finance Corp. announced $1 billion in debt financing in June.
- His younger brother Aloke Lohia, also a billionaire, lives in Thailand, where he runs PET polymer maker Indorama Ventures Public Co.