safety control and more stringent environmental regulations by its government. In 2Q/2019, the company had a plan to turnaround both of methyl ester plant 1 and fatty alcohols plant which are located at
and Short Chain demand was also slow down due to an increase of customer’s factory cost from more strictly safety control and more stringent environmental regulations by Chinese government. In addition
, implemented lockdown measure to control the spread of COVID-19, attributed to supply chain and travel restrictions. The market P2F of natural fatty alcohols in 2Q2020 was at 353 USD/ton, a decrease of 41% from
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
rising plus additional coverage of 5G in key area. The growing COVID-19 impact on economy is likely to be less pronounced to telecom spending which is relatively resilient in nature to the economic
appreciation. Private consumption grew at a slower rate than in the first half of the year, especially spending on durable goods in line with a contraction in domestic vehicle sales. In response, the government
5.09 million, representing an average increase of 0.70 million or an increase of 13.66%. The main reason for the decline in user spending was the infla- tionary situation of the country's economy
individuals to change their spending behavior and learn of effective financial planning. The Project will help create strong economic fundamentals at the household level which will impact the national level
consumption, albeit expanding, began to exhibit decelerating growth following a recent ramp-up in spending on durable goods. Likewise, private investment remained weak pending more apparent signs of economic