restarted on 2 May 2019 and the ongoing strength in EO and EO derivatives is expected to provide plant to positively contribute in the forthcoming quarters although earnings from this segment is expected to
within our Fibers business and will provide further growth impetus to the earnings of the Company in the forthcoming quarters. Indorama Ventures Business Overview The Company expects to continue with its
impetus to the earnings of the Company in the forthcoming quarters. In another meaningful development, on 10 October 2017, IVL announced that it has entered into an agreement to acquire DuPont Teijin Films
coming on-stream in 2018, as discussed in forthcoming sections, are providing im- petus to our business and our ability to generate positive operating cash flows. The Company reduced its leverage ratio
coming on-stream in 2018, as discussed in forthcoming sections, are providing im- petus to our business and our ability to generate positive operating cash flows. The Company reduced its leverage ratio
segment. Increase in crude prices and restocking to support forthcoming seasonal demand has resulted in this trend being reversed in 1Q19. o 2019 is also expected to outperform 2018 as legacy contracts in
Japan saw an increase in electricity sales by 8 Million kWh (+119%) from an increase in average irradiation hours, as Japan is approaching Summer, leading to lower snowfall, combined with the Nagi
, as a regulated financial institution, is awaiting the clarification of the forthcoming Bank of Thailand’s notification in order to perform in compliance with the mandatory guidelines. Corporate
$/BBL, a decline of 19.69 $/BBL, or a decline approaching of almost 40% from the previous quarter. This has affected the performance of the refinery business. Moreover, the Thai economy, especially
Dubai crude in Q1/2020 was at 50.41 $/BBL, a decline of 11.63 $/BBL, or a decline approaching almost 20% from the previous quarter. Moreover, the COVID-19 outbreak in Thailand caused demand for fuel