SCB ASSET MANAGEMENT COMPANY LIMITED| | Offering Date : 21/07/2020 - 31/07/2020
บริษัท หลักทรัพย์จัดการกองทุนไทยพาณิชย์ จำกัด|กองทุนรวมหน่วยลงทุน (Fund of Funds) | วันที่เสนอขาย : 21/07/2563 - 31/07/2563
Reporting Person : - | Type of securities : - | Date of reporting obligation : 09/10/2006
(Launch of the Integrated National Financing Framework (INFF) and the Insurance and Risk Finance Initiative for Thailand)” จัดโดยโครงการพัฒนาแห่งสหประชาชาติประจำประเทศไทย (UNDP) ร่วมกับมูลนิธิสถาบันวิจัย
severely impacted due to drop in crude oil prices losing competitive advantage of shale gas vs naphtha on interim basis; which can be specifically seen in lower Integrated EG margin & MTBE where our prices
portfolio, which is around 10% of IVL portfolio, is linked to crude oil price. These are integrated EG and MTBE. However, the rest 70% is not impacted from crude price movements and are stable growing
. Asia integrated MEG spreads benefited from global supply tightness and strong demand coming from polyester fibers, PET and antifreeze, while increase in crude oil price resulted in improved shale gas
EBITDA2,3 304 318 326 (7)% 1,419 1,112 28% PET 145 113 116 25% 617 356 73% Fibers 77 72 55 39% 261 218 20% Feedstock 78 136 151 (49)% 540 535 1% New Segments Integrated PET 192 171 142 35% 841 466 81% Fibers
% Core EBITDA2,3 304 318 326 (7)% 1,419 1,112 28% PET 145 113 116 25% 617 356 73% Fibers 77 72 55 39% 261 218 20% Feedstock 78 136 151 (49)% 540 535 1% New Segments Integrated PET 192 171 142 35% 841 466
IVL as a whole in 2019. o Sharp decline in crude prices (high of $ 83/bbl in 3Q18 versus low of 54/bbl in 4Q18) as we entered in to the weak season led to accelerated destocking in the integrated PET