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
maximize their value. TRIS Rating upgrade of corporate and debenture ratings to “AA” with stable outlook. In 2017, CPN launched 3 new condominium projects, which garnered positive responses. Sustainable
continued improvement in plant efficiency. • EBITDA margin increased y-on-y to 28.6% in Q2’2020 and 28.9% in 6M’2020 from 1) ABP5 and BPWHA1 improving heat rate after gas turbine upgrade in July 2019 and
require external funding to upgrade or develop new, capital intensive facilities. 1.4. Assets and projects in scope for the Criteria These Criteria apply to assets and projects relating to the following
uncertain environment including it has always changed. The consumer has had the existed burden of household liability in high level bring to decelerate the purchase by choosing the needful product and
whether the nature of the estimate or assumption is material because of the subjectivity and judgment required to account for highly uncertain matters, as well as whether the estimate or assumption will
election, which is expected to take place early of 2019. Thai Banking Industry Although the commercial banking system in Thailand is facing challenges from an uncertain economic environment, its lending and
monitoring given that general elections are expected to take place in early 2019. Thai Banking Industry The commercial banking system in Thailand continues to face challenges from an uncertain economic
Thailand. The Bank of Thailand revised down the projection of overall economy for 2020 to contract 7.8% (as of September 2020) from the earlier forecast of 8.1%. But the fragile labor market, uncertain
continued to contract, especially investments in machinery and capital goods. The delays in business investment were attributable to weak demand and concerns over the uncertain economic outlook in the period