synergy benefit of ~20 $M with cost optimizations. Integrated EO profitability were impacted due to poor oilfield demand and slowdown in construction sector though margins remain intact. Poor Gasoline
16.68 13.75 15.34 12.37 2.97 14.34 1.00 13.52 14.57 -1.06 FO/DB 14.68 -8.81 1.11 -2.34 3.45 -2.48 3.59 -0.21 -3.96 3.75 Crack Spreads Analysis Gasoline and Dubai crack spread (UNL95/DB) in Q3/2019
Education Business was THB 78 million, a decrease of 4.9% yoy, mainly from - a decrease of THB 8 million on profit sharing from Le Cordon Bleu Dusit due to additional expense in relocating to the new location
, driving higher yield loss; and cost from relocating some product from the old production line to the new one. However, production cost of the new machine has been gradually improving every month. Q2/2018
started producing more gasoline products. When compared to Q1/2017, Mogas/Dubai crack spread (UNL95/DB) decreased by 0.53 USD/BBL. In Q2/2017 the crack spread faced pressure from excess supply; especially
the buying of Mixed Xylene (MX) as feedstock to Paraxylene, we have been able to create a natural hedge. MTBE and MX, both being gasoline blend components, have very similar price points with over 90
was THB 118 million, a decrease of 3.3% yoy, mainly from a decrease in revenue sharing from Le Cordon Bleu Dusit due to additional expense in relocating to the new location as well as for business
transaction of 4.55 million barrels. The majority of trade consist of gasoline, crude oil, fuel oil, and Naphtha. The higher earning stemmed from the procurement of finished product for the refinery during TAM
. 47 million barrels of oil trading transactions, the main product contributing to the transaction were gasoline, crude oil, fuel oil, and naphtha. The increase in revenue was for new countries such as