Commencing production in 1996 with a packaging facility in Lopburi, Thailand, Petform is a joint venture between Indorama Ventures and Serm Suk Public Company Limited to boost downstream business. The Nakhon Ratchasima (Korat) plant was part of Petform’s expansion of new lines in 2021. It is a PET blowing plant in the Nava Nakorn intelligent industrial estate, producing and distributing PET bottles to local customers.