part of the 3E project (Efficiency, Energy, and Environmental Project), lowering the cost of producing electricity and steam 9 | Management Discussion and Analysis of Business Operation for the year 2017

instead of producing only one or two types of products as in present. Moreover, the Company has the policy of transparency based on good governance. Therefore, the Audit Committee has the opinion that the

started producing more gasoline products. When compared to Q1/2017, Mogas/Dubai crack spread (UNL95/DB) decreased by 0.53 USD/BBL. In Q2/2017 the crack spread faced pressure from excess supply; especially

petroleum pitch from the CFP as the main source of fuel for the running of the steam turbine for producing electricity and steam to be delivered back to the CFP for use. Installed Production Capacity

producing and selling big bags which VAVA has skill, investment and high proportion of income. Most of the customers of VAVA are large industry that uses big bags to 12 transport goods, meanwhile, the

สารสนเทศข่าว มติ BOD 5-60 Final 20171126 En No. NDR013/2017 Subject Resolution of the Board of Directors’ Meeting To President The Stock Exchange of Thailand Enclosure 1. Information Memorandum on 2. Information Memorandum regarding the offering of the newly issued ordinary shares to specific investors (Private Placement) 3. Capital Increase Report Form (F53 N.D. Rubber Public Company Limited (“ No.5/2017 held on November26, 2017 which has the material resolutions as follows 1. Approved to propo...

service station locations, allowing consumers to conveniently access the company’s services. Furthermore, developments were made to existing service station to improve thruput per station; producing

pollution, and is a method to support farmers producing which is currently in a state of market oversupply and are selling at low price levels. March o The Company detected an irregularities in the

continues running the existing business which is producing and distributing motorcycle tires and tubes and shoes. The existing management team will mainly operate FKRMM. The 1 executive and 2 directors will

company and FKRMM becomes the Company’s subsidiary. After the shares acquisition of FKRMM, NDR continues running the existing business which is producing and distributing motorcycle tires and tubes and