the sale growth of products during the period as compared. However, the Company has shown continuing effort to improve its net profit margin and is still expecting for an upgrade performance in the

continually and closely monitoring the trend to improve its net profit margin and is still expecting for an upgrade performance in the upcoming year. Please be informed accordingly Sincerely Yours

growth plans Indorama Ventures 1st Quarter 2018 MD&A 4 Portfolio Development We continue to upgrade our portfolio through organic growth, operational excellence initiatives, value accretive acquisitions

there is no issue in grid capacity) and Phu Yen TTP supplies electricity to EVN through Tuy Hoa – Nha Trang 220kV transmission line which has sufficient grid capacity. Accordingly, these 2 projects could

the credit rating process CRAs should endeavour to issue opinions that help reduce the asymmetry of information among borrowers, lenders and other market participants; Independence and conflicts of

Office. Clause 10. The securities companies are allowed to upgrade its online branch office to full-service branch office provided that on the date the securities company upgrades its branch, it meets the

upgrade its online branch office to full-service branch office provided that on the date the securities company upgrades its branch, it meets the qualification as specified in Clause 4 and notify the

the date the branch office starts its operation in accordance with the format set out in an electronic system of the Office. Clause 10. The derivatives brokers are allowed to upgrade its online branch

Office. Clause 10. The derivatives brokers are allowed to upgrade its online branch office to full-service branch office provided that on the date the derivatives broker upgrades its branch, it meets the

aspirations Indorama Ventures 2nd Quarter 2018 MD&A 4 Portfolio Development We continue to upgrade our portfolio through organic growth, operational excellence initiatives, value accretive acquisitions and