the measure to increase Cracking to CDU capacity ratio was enforced since the 1st of April, 2017, leading to lowered supplies. Moreover, Russian refineries were upgrading capacity since 2016, lowering
A String of Earnings Increases, Future Earnings Uncertainty, and Firm Fundamentals* Sarayut Rueangsuwan † Kasetsart University, Thailand August 2015 Abstract Prior literature on meeting or beating earnings benchmarks extensively documents that market rewards firms reporting a string of consecutively earnings increases. To date, it is still unclear what an earnings string really means. This paper empirically provides rational explanations for this phenomenon by investigating whether the increment...
: +662 661 6664 Indorama Ventures 2nd Quarter 2019 MD&A 1 Indorama Ventures Public Company Ltd Management Discussion and Analysis 2nd Quarter 2019 Breaking News; IVL announces acquisition of a significant
declines due to modernizations of cracking units in their refineries. Fuel Oil / Dubai crack spread (FO/DB) in Q4/2018 averaged at 1.33 $/BBL compared to Q3/2018, increased by 3.81 $/BBL, aided by Iran’s
หน่วยผลิตต่อหน่วยกล่ัน (Cracking to CDU capacity ratio) ที่มีผลบังคับใช้ตั้งแต่ 1 เมษำยนที่ผ่ำนมำ ท ำให้อุปทำนปรับลดลงเช่นกัน อีกทั้งกำร ขยำยหน่วยปรับปรุงคุณภำพ (Upgrading capacity) ของโรงกล่ันในรัสเซีย
of Heavy crude oil, after production limitation were put in place since the past January, accompanied by gradual closure of Japanese refineries according to the measure to increase Cracking to CDU
Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the 2nd quarter ended June 30th, 2018 Management Discussion and Analysis of Business Operation for 2Q/2018 Bangchak Corporation Plc. I 2 Table of Content Management Discussion & Analysis of Business Operation 03 Executive Summary 06 Statement of Income 08 Business Performance 08 Refinery & Trading Business Group 12 Marketing Business Group 14 Power Plant Business Group 16 Bio-Based Products Bus...
, especially 12 | Management Discussion and Analysis of Business Operation for the year 2017 Bangchak Corporation Plc. in Russia and Asia increased utilization of cracking unit, effectively lowering Fuel Oil
refineries reducing their production of Gasoline produced from the Fluid Catalytic Cracking unit in order to repurpose intermediates towards the production of Low Sulphur Fuel Oil. The said oil is meant to
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