increase and was moving in line with the world economy. Many countries trying to stimulate their economies by issuing trade promotion policies to support the export of steel together with encourage to use of
improvements in PTA margins in Asia in line with margin growth in China although it is not visible in its performance. This is because the pricing in 2017 was formula based with fixed margins. Higher coal prices
investment would grow at a slower pace than previously estimated. For the banking sector in the second quarter of 2019, corporate loan expanded in line with the expansion of overall economy. Consumer loan grew
investment picked up in line with the improved economic outlook, and with additional support from the government investment project even in this quarter its growth was lower than the assessment as the delayed
, the employment rate was improved mainly from business expansion from both government and private sector. Nevertheless, national income increased in line with a rise in cost of living and fuel price
4Q18E Sorepla Strategically in line with the Company’s objectives of significantly enhancing its recycling footprint Further solidify IVL’s position as one of the leaders in recycling in Europe