segment of IVL was adversely impacted due to steeply lower crude oil price impacting margins of MTBE & Int. EG as shale gas lost its advantage against naphtha based producers. • Mobility & Lifestyle Fibers

to misappropriate 80.1 million Baht from Rayong Wire Industries, an Eastern Wire subsidiary, through a contract for advanced procurement of raw materials with Union Gas and Chemicals Co., Ltd. in 2004

customers expand production and frozen foods customers have more raw material. - Cost of the sales and services from Q2/2016 was 91.52 percent decreased to 88.11 percent on Q2/2017 or decreased 3.41% from

Made to Order. But the storage of crude palm oil cannot be stored separately. As a result, the production cost fluctuates according to the raw material price during the changing period. ▪ In the 1st

quarter of 2016, cost of sale was THB 909.03 million, with ratio of cost of sale to revenue was 93.88%. The realized cost of raw material; crude palm oil (CPO) used in production was higher than the

to a subsidiary focused on transportation of crude palm oil for the company 5. Revenues from sale of porcelain insulators and component Year 2014 and year 2013 company and sales materials, insulators

663.28 million by selling at 20,427 tons at average price of 32.47 baht/kg. Also, there was revenue from sales of Crude palm oil of THB 22.01 million. Lastly, the revenue from selling By-product was THB

importance for Golden Lime: the limestone quarry operated by TMC has already been one of the raw material suppliers in the past, but Golden Lime Public Company Limited 3 MANAGEMENT DISCUSSION AND ANALYSIS FOR

IVL as a whole in 2019. o Sharp decline in crude prices (high of $ 83/bbl in 3Q18 versus low of 54/bbl in 4Q18) as we entered in to the weak season led to accelerated destocking in the integrated PET

volatility of CPKO On qoq basis, demand for Natural FA in 4Q17 climbed up from 3Q17, mainly due to Synthetic FA prices remains high following an increase of crude oil prices ,and the supply shortage of Natural