of 2018 the market selling price was decreased to lower than cost of by-products which lead to realizes operating loss from sale of by-products. In addition, Crude Glycerine will be used as raw
and trust in supporting the Company’s business. 3. Management’s Message Management’s Discussion and Analysis (MD&A) for year 2017 4 Overview of World Steel Industry Chart of world crude steel production
World Steel Industry Chart of world crude steel production monthly, ending 31 December 2017 Source: World Steel Association According to the World Steel Association’s report on world crude steel
Ratios 19 P a g e | 3 - Management Discussion and Analysis 2Q2020 - Executive Summary In 2Q2020, crude palm oil (CPO) price was higher than 2Q2019 caused by the implementation of biodiesel B10 as the
Company’s working capital is indirectly subsidized via trade creditor in form of loan and via business partners in form of raw material supported for production (under Collateral Management Agreement – CMA
business to total revenue for the 2nd quarter of 2017 and 2016 were 73.44% and 75.58% respectively, which was effected by two factors; - Raw material price: the average price of Crude Palm Oil (CPO) in 2nd
partially offset by higher sales volume of all main products as a result of stable operation. The share of domestic and export sales has no significant change comparing with the previous year. * Note Please
decreased. For the price in 2nd quarter of 2022, the average selling price of biodiesel was increase in accordance to the price of crude palm oil as the main raw material, the palm oil was increase from
the World Steel AssociationCs report on world crude steel production was 425.5 million tons in the Second-Quarter of 2017 and accumulated world crude steel production in the first half of 2017 was 836
segment of IVL was adversely impacted due to steeply lower crude oil price impacting margins of MTBE & Int. EG as shale gas lost its advantage against naphtha based producers. • Mobility & Lifestyle Fibers