Billionaire Aloke Lohia’s Indorama Ventures, Blackstone-Backed EPL To Merge Indian Packaging Business In $2 Billion Deal

The proposed merger comes a year after Indorama Ventures—controlled by petrochemicals billionaire Aloke Lohia—bought an initial 24.9% stake in EPL from Blackstone for $219 million.

Mar 30, 2026 - 12:00
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Billionaire Aloke Lohia’s Indorama Ventures, Blackstone-Backed EPL To Merge Indian Packaging Business In $2 Billion Deal
The proposed merger comes a year after Indorama Ventures—controlled by petrochemicals billionaire Aloke Lohia—bought an initial 24.9% stake in EPL from Blackstone for $219 million.

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