intensified competition, and the refinery’s TAM which resulted in the lower volume of finished oil produced. On the other hand, retail market which is the company’s main distribution channel recorded sales
capacity of 1.1 million and 1.3 million metric tons per year of PET and PTA, respectively. The three JV parties will each receive one-third of the capacity of PTA and PET produced. Each of the partners will
produced for short periods are in mothballed but well maintained condition for startup by a new owner. The value of the two assets calculated in accordance with the regulations of the Capital Market
would be a welcome boost to our downstream Integrated Oxides business as we will remain a net buyer and the base demand of MEG produced as part of our Oxides vertical provides a ready captive market in
produced PET resin and polyester fiber with plans to begin commercial production in Q1 2020 in USA. The production from the facility will be fully subscribed by leading global consumer brands. IVL earlier
to receive one-third of the capacity of PTA and PET produced at the Corpus Christi Project upon completion. The value of the above transaction for IVL, calculated in accordance with the regulations of
and there were more Thai films produced and released in this quarter. Cost of the Production and Service and Expense of Selling and Management 1. Cost of Production and Service Cost of Production and
produced within a 500km radius, providing Indorama Ventures an optimal location for supplying Tire Cord Fabrics (TCF) to meet growing customer demand. IVL has existing businesses in tire cords globally and
, below by 0.8% as compared to 2018. In 2019, China produced crude steel at 996.3 MT up by 8.3%, India produced crude steel at 111.2 MT increased by 1.8%, Japan at 99.3 MT slightly decreased 4.8% and South
to manufacture and commercialize sustainable polyester resin to meet growing global demand. IVL will have an exclusive, world-wide license to use Loop’s technology to produce 100% sustainably produced