Bangkok, 2 October 2017 ? The SEC has ordered Pace Development Corporation Public Company Limited (PACE) to clarify the information regarding the company's joint venture agreement with three

with Rabbit-LINE Pay (RLP) through an investment of Bt788mn to buy 33.33% stake of the JV. In realizing the JV’s performance, AIS shares 33.33% of the JV’s net profit recognized as an asset under

(3Q18) and the consolidation of the joint venture in India (1Q19).  Volume for PTA also increased following the Portugal acquisition (3Q18) and the consolidation of the joint venture in Indonesia (4Q18

), Egypt (3Q18) and the consolidation of the joint venture in India (1Q19).  Volume for PTA also increased following the Portugal acquisition (3Q18) and the consolidation of the joint venture in Indonesia

and commercialize sustainable polyester resin to meet the growing global demand. The 50/50 joint venture will have an exclusive world-wide license to use Loop’s technology to produce 100% sustainably

(PTA) and the greenfield joint venture PTA/PET project in Corpus Christi, Texas, USA. These are expected to commence production in phases starting 2020 and onwards till 2021. Indorama Ventures 2nd

expansion in Indonesia Asia Necessities 2019 First full year financial impact from Performance Fibers expansion in China HVA Fibers 2019 Increased IPA production West Feedstock 2019 Consolidation of PET JV in

JV - 13 (100)% - - (2) (100)% Others (FiberVisions, PHP China, Mexico) 0 1 (86)% 1 (0) 0 173% 1 74% PTA JV, IVL started consolidating Polyprima Indonesia result since 4Q18. IVL has 100% ownership since

YoY LTM 3Q19 LTM 3Q18 LTM YoY Joint Ventures Income/(Loss) (0) (0) 15 (101%) (2) 19 (112%) Polyprima, Indonesia1 - - 9 (100%) (0) 1 (101%) India PET JV - - 6 (100%) (2) 15 (114%) Others (FiberVisions

demand which has shrunk the overall octane demand has resulted in a drop in C-Factor and thus impacting MTBE financial performance, though normalization of MTBE maintenance S/d taken in 1Q20 has resulted