; rely on the time frame that each party has made a long-term agreement. It is forecasted that the demand and supply of steel will increase in the future. The world steel production capacity utilization

needed. Readers should rely on the THB results only. Indorama Ventures 1st Quarter 2018 MD&A 11 List of Tables Table 1 Core Financials of Consolidated Business…………………………………………………. 2 Table 2 Segment Results

believes that the business can be explained better in US$ terms. However THB numbers are also given where needed. Readers should rely on the THB results only. 11 List of Tables Table 1 Core Financials of

partially use the aluminum cans from the ACM’s productions therefore less rely on other external suppliers, and the repayment of other payables to major suppliers of machine. Moreover, the Company partially

Company considers the disposal of assets, which does not impact the core business operation, and the Company does not need to rely or use disposed assets. The Company will focus on its core business

where needed. Readers should rely on the THB results only. List of Tables Table 1 Core Financials of Consolidated Business 2 Table 2 Segment Results (New segment) 4 Table 3 Major Projects Update

where needed. Readers should rely on the THB results only. Indorama Ventures 2nd Quarter 2020 MD&A 10 List of Tables Table 1 Core Financials of Consolidated Business 2 Table 2 Segment Results (New segment

in US$ terms. However, THB numbers are also given where needed. Readers should rely on the THB results only. Indorama Ventures 1st Quarter 2020 MD&A 9 List of Tables Table 1 Core Financials of

the business can be explained better in US$ terms. However THB numbers are also given where needed. Readers should rely on the THB results only. Indorama Ventures 1st Quarter 2019 MD&A 12 List of Tables

in US$ as it believes that the business can be explained better in US$ terms. However THB numbers are also given where needed. Readers should rely on the THB results only. Indorama Ventures 1st Quarter