Quarter 2018 MD&A 1 Indorama Ventures Public Company Ltd Management Discussion and Analysis 1st Quarter 2018 Best Performance Since IPO  Core EBITDA of $326 million – 49% increase year-on-year  Core

downstream business in Integrated Oxides and Derivatives based out of advantaged Gulf Coast USA. Indorama Ventures 2nd Quarter 2019 MD&A 2 2Q 2019 Summary Financials Table 1: Core Financials of Consolidated

relevant to its core or non-core businesses upon conditions that they have an apparent outsourcing policy, measures, criteria, and service provider control system.  Outsourcing however does not discharge

decreased 18% coming from construction materials business cause of property segment starting slowdown and also affected by COVID-19 pandemic impact to the new housing project slowdown or delay while

system and IT security. Guidelines for operating non-core businesses are also open to public comments.The consultation paper is available at www.sec.or.th. Stakeholders and interested parties are welcome

to increasing raw material costs as the prices of plastic resins had increased compared with the same period of the last year. 3. Other incomes decreased by 12.31 million bath, mainly coming from sales

) Derivatives, each coming with its own strong market position. The acquisition comes with its own strong R&D and technical capabilities apart from portfolio of about 900 patents and other intellectual properties

coming of the AEC.?

by the public at large while the operating business must not create any conflict of interest with the securities business applying for the license.    In addition, the existing and new coming Type D

Economic Community (AEC), Thai capital market must be prompt for rapid change coming with wider business opportunity, economic growth and fierce competition. The SEC will keep close eyes on the development