6661 Fax: +662 661 6664 1 2019 IVL Performance Summary IVL registered volume growth of 18% in 2019 driven mainly by inorganic expansion. Industry-wide spreads declined to historical lows in 2019, leading

THB 2.6B. • Strong performance for Combined PET, given COVID disruption, driven by strong PET demand, higher Integrated PET spread, lower costs, improved PIA margin. • Integrated Oxides & Derivatives

quarter driven by resilient sales and margins in Integrated PET, USA PX and PIA businesses. Core net profit grew to THB 1.6B • Core EBITDA grew in all segments and in all regions as our products primarily

Agreement on December 7th, 2018 with Mr. Wilfried Trumpp and Ms. Venere Polito, to acquire a 100% stake in UTT Beteiligungsgesellschaft mbH (“UTT”), Germany. UTT is one of the leading suppliers of airbag

integrated recycling plant, located near Manila and run on state of the art technologies and industry-leading best practices to employ the safest and most advanced recycling process for plastic bottles made

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

leading integrated margins at scale. Our advantaged portfolio across the three business segments, supported by our transformation programs, is expected to yield in our 2023 business plan superior ROCE in

PET capacity in 2019, which is leading to commensurate positive impact on chain margins for the now more disciplined markets. Figure 2: PTA-PET Integrated Margin ($/MT) Fibers Indorama Ventures 1st

PET capacity in 2019, which is leading to commensurate positive impact on chain margins for the now more disciplined markets. Figure 2: PTA-PET Integrated Margin ($/MT) Indorama Ventures 1st Quarter

Oxide platforms. The acquired businesses is fully integrated downstream in Surfactants used in personal home care and in Propylene Oxides used in insulation and foam materials. These leading downstream