was approved for investing in new business and expand current business which will, by no means, disrupt GLOCON’s cash flow. 5 Opinion of the Board of Directors 1. The acquisition of dried fruit business
- mer BP and CEPSA facilities ac- quired in March/April 2016. Volume from the newly expand- ed PTA facility in Rotterdam will mostly benefit 2018 since the impact in 2017 was offset with tie-in shutdowns
to lock down the country to prevent the spread of COVID-19, travelling means has been disrupted, especially air travel, which expects to take longer to recover back to normal. Also, sales from Index
. Nevertheless, merchandise exports are expected to improve on the back of a modest global trade recovery due to recent progress in the US-China trade negotiations. World trade volume growth is forecast to improve
of “More than just a high quality coffee” with the intent to bring over high quality Thai brand coffee to Cambodia and Laos PDR, thus further increasing the Company’s capabilities to expand the
to a stronger growth of trading partners’ economy, and in terms of prices on the back of rising global crude oil price. Tourism sector continued to expand, private consumption gradually increased
another’s, while the Company has been building foundation in the past 3 years to expand into ASEAN market. The Company set its sales growth of 5-10% in 2019. The implementation plan for the year 2019 is
. Unplanned shutdown contributed to $37m EBITDA decline in LTM; facility is now back online and operating on plan. Specialty Chemicals The specialty chemicals segment has shown lower earnings mainly due to a