Mr Trump’s push to cut corporate taxes and curb imports could be a boon for Indorama’s US earnings, according to Mr Lohia. "Economically, what he’s saying will help our businesses in the US," Mr Lohia, 58, said in an interview in Bangkok on Monday. Indorama Ventures joins the long list of businesses trying to gauge the impact of Mr Trump’s incipient overhaul of taxation and trade policies. Mr Lohia and his immediate family indirectly hold about 50% of Indorama Resources Ltd, which controls 64% of Indorama Ventures, according to the latter’s website. Indorama plans to expand capacity further in the US in 2017, after the business there doubled in the past year, Mr Lohia said.

Source: Bangkok Post February 07, 2017 07:21 UTC