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
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
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
and lower operating rates in several fiber manufacturing units. As all of these set of issues are now behind us, improved earnings from the EMEA region will have a further positive earnings impact for
- tions making it a leading fiber partner for the automotive industry. The recent acquisition of Glanzstoff provides a strategic fit to the automotive segment in the HVA portfolio. Final phase of the
a $ 1.5 billion Lifestyle vertical that will serve the home and apparel value chains and a $1.3 billion Hygiene vertical respectively. This reorganization will help transform the fiber business into