made a strong start to the year, with improvements in production volumes and margins across all segments and geographies. This performance is a result of our long-term investment strategy, the
, the EOEG facility enjoyed better margin and normal volume following a planned turnaround for catalyst change in 2Q17. There was minor impact of Hurricane Harvey leading to short-term shutdown of EOEG
making great products for society”. Our ongoing focus on the triple bottom-line helped in the Company debut in the Dow Jones Sustainability Index wherein we were ranked the fifth most sustainable chemical
growth and returns while maintaining our market leadership over the long term. Guided by our core strategies of “Customer Centricity” and making KBank the Customers’ Main Bank for all eight customer
geographies. This performance reflects strong demand for our products, structurally higher margins and utilization rates, and the results of our long-term investment strategy. The business remains focused to
and 4.) other supporting factors, namely government spending to support the low-income citizens and other short-term stimulus packages, as well as private investments to support the increase in
natural hedge against short-term volatility in product margins. Core EBITDA margin has enhanced from 6.4% in 2013 to 11.4% in 2Q17 and this is targeted to fur- ther improve from the various strategic
investment in infrastructure 3.) growth in private consumption continues despite a lower rate of growth however, government subsidy to the low-income citizens could help stimulate near-term consumption