200 basis points lower. TRIS has reaffirmed IVL’s AA- rating, with Spindletop (part of Huntsman’s assets) factored in. Industry spreads lower in Integrated PET, MEG, IPA, and Lifestyle fibers vertical
total may not match to IVL due to holdings segment, except regions where holdings are allocated 5 The global BOPET film industry has expanded rapidly and there are increasing applications and end-uses
/export sales ratio, the export markets or the group of export markets for such major products or services; (b) Describe the industry competition during the preceding year, industrial and competition
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
terminal growth rate and discounted rate used in the assumptions are based on management of the subsidiary’s judgment and past experience and business plan, as well as the future prediction that is believed
assumptions are based on management of the subsidiary’s judgment and past experience and business plan, as well as the future prediction that is believed to be reasonable in the present situation and compared
, as well as the future prediction that is believed to be reasonable in the present situation and compared to the carrying amount of assets related to the licenses. Conclusion : The Group reported a loss
ongoing fundamental improvement in the industry Core EPS of THB 3.27, delivers increase for the 17th consecutive quarter Operating Cash Flow of $941 million, helps strengthen balance sheet and fund
resultant growth in EPS. Last 12 months has seen steady to stronger integrated industry margins compared to previous period and IVL is a testimony of an announced plan of pursuing earnings-accretive growth in
average premium of around US$185/t of PET (Shale to PET) over Asian margins (Naphtha to PET). This comes primarily from the cost advantage over naphtha that shale gas brings, allowing IVL to create industry