Company’s business potential in the long term. The Board of Directors accordingly passed a unanimous resolution to approve the entry into this transaction. 10. Opinion of the Director and/or the Audit
Disposal of Assets, dated 29 October 2004. In addition, during the past six months, the Company did not have any other acquisition transactions of other assets before the date of entry into this transaction
was higher by 40% on a YoY basis, benefitting from the entry into downstream airbag weaving from UTT and Kordarna. Volume on a QoQ basis was higher by 5 % due to full quarter impact of UTT. Indorama
after computing of the foregoing with the Company’s other connected transactions within the past 6 months including the entry into an Right to Sell Advertising Media Agreement between the Company and
enhance heat rate of gas turbine as well as overall power plant performances 3. Digitalization – to predict the degradation of each machine more accurate. Consequently, each plant will be able to minimize
material and packaging costs, packaging optimization, new lighter weight bottles, and more formulation optimization. The new glass factory (SGA2), which has been heat up in August 2019, will start commercial
and production processes, modification and mixing of fuel material to improve combustion resulting in better heat rate and lower fuel consumption per 5 unit and also improvement of feedstock procurement
. - Combined Heat and Power Producing Co., Ltd. • Renewable energy power plants: - Ichinoseki Solar Power 1GK - Thai Solar Renewable Co., Ltd., which holds shares in Siam Solar Energy 1 Co., Ltd. - Combined Heat
of the foregoing with the Company’s other connected transactions within the past 6 months including the entry into an Right to Sell Advertising Media Agreement between the Company and PLANB, which will