with LQ Inc. to acquire 100% equity stake of Green Fiber International Inc. (“GFI”), a company incorporated in USA and having plastics recycling facility in Fontana, California, USA. The facility
Company and its subsidiaries of 552 million Baht, compared to that of 1,023 million Baht in the second quarter of the year 2016. As the subsidiary has completed the delivery of the entire Optical Fiber
. The site produces Polyester Staple Fiber, with an annual capacity of 75,000 tonnes and will be in close proximity to IVL’s PET plant in Brazil. This acquisition will provide an opportunity to IVL to
China HVA Fiber Completed Increased IPA production West Feedstock Completed Contribution from Artlant acquisition (PTA) West Feedstock 2018 Commissioning of US Gas Cracker West Feedstock 2018 First full
market with synergies with our Egypt PET business. o Sorepla (completed Jul 31, 2018) - complements IVL recycling business in France with synergies with our Recycled Fiber and PET businesses in Europe. o
. However, the Company has the policy to reduce these expenses. The administrative expenses increased from feasibility study expenses of the relating furniture business such as Medium Density Fiber Board
manufacture Low Melting Fiber (LMF), with an annual capacity of 60,000 tonnes. LMF is commonly used as a binder fiber in core-sheath constructions to produce HVA applications for automotive and industrial
additions also came from fiber assets acquired in 2018 & 2019 (Avgol, Kordana, Schoeller, UTT). The EBITDA however decreased 29% YoY due to depressed margins in IPA business and lower Rotterdam production
during the last 12 months. This additional cost impact has been more than offset by gains in the feedstock segment since IVL is also one of the world’s leading producers of IPA. The Fiber segment