segment were also severely impacted due to lockdowns, less consumer spending on durables and travel restrictions although Hygiene Fibers had stellar results. • Non-durable end markets for IVL products
Capital Expenditure Program We continue to invest in the business to enhance overall production, vertical integration and quality of earnings. Improved cash flows and ongoing commitment from shareholders
stemmed from the relocation of the manufacturing base of hard disk drive to Thailand earlier. Meanwhile, public spending in capital expenditure slightly declined from the high base of last year. For export
plan for this business including a project to drive new demand for IPA, feedstock optimization and one line conversion to become switchable between IPA and PTA. Capital Expenditure Program IVL expects
) Steady growth in private consumption from stimulus packages and recovering agricultural product prices from production expansion and 4) Other supporting factors, such as government spending and other
equipment in line with the import of capital goods which partly stemmed from the relocation of the manufacturing base of hard disk drive to Thailand earlier. Meanwhile, public spending in capital expenditure
February 2020. Capital Expenditure Program IVL expects its balance sheet and cash flow from operations to remain strong, and sufficient to meet its planned investments into growth engines. Table 3: Major
chain disruptions. Mobility improved before softened in March 2020 due to lower auto manufacturing. Capital Expenditure Program IVL expects its balance sheet and cash flow from operations to remain strong
-openings. However, towards the middle of the year, the rising inflation and continuous increase in energy costs limited private consumption and signaled a global economic slowdown, raising spending concerns
USD 14,070,000, or equivalent to THB 485,544,756.67 (the “2nd Loan Portion”), where the Company shall be entitled to utilize the 2nd Loan Portion as capital expenditure, for business operation, as