problem of purchasing power and incomes which have not yet recovered. Furthermore the liability stayed in high level and this was slightly speeded up the consumption. Therefore, it affected the expense
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position in 95% of its manufacturing locations. IVL’s consolidation strategy; our global footprint (including strong presence in the Americas and EMEA); high level of feedstock integration (PTA to PET in key
company world-wide. We continued to strengthen our Corporate Governance capabilities and The Stock Exchange of Thailand, where the Company is listed, recently ranked us, again, at a ‘Five Star’ level, the
company world-wide. We continued to strengthen our Corporate Governance capabilities and The Stock Exchange of Thailand, where the Company is listed, recently ranked us, again, at a ‘Five Star’ level, the
earnings strings. 9 Theoretically, sufficiently high earnings persistence drives a string of earnings in the absence of a strong time trend in earnings. This, therefore, may be the case that the reward to
level of strictness of the regulations governing the issuance and offer for sale of debt securities varies depending on the types of investors. For example, the regulations on a private placement to
contribution from newly acquired assets in 2018, consolidation of PET in India, consolidation of PTA in Indonesia and high operating rates. Core EBITDA of $304 million (-7% YoY; -4% QoQ), benefitted from
) with contribution from newly acquired assets in 2018, consolidation of PET in India, consolidation of PTA in Indonesia and high operating rates. Core EBITDA of $304 million (-7% YoY; -4% QoQ
amend its rules to be more flexible without too high operating costs, and cope with more diverse patterns of business operations. This revision focuses on the principle-based regulations, instead of