significant decreasing of diesel consumption in 2Q2020. In addition, rising of refined glycerine price and sales volume also affected to a higher methyl ester business sales revenue due to growing of refined
amounting to Baht 67 million and Baht 4 million, respectively. The loss was increased by Baht 63 million. Due to the unpredictable spread of Coronavirus (COVID-19), Baht depreciation against US Dollar during
volume in 1Q2020 by 22,346 tons or 28% , resulted from the official announcement of B10 biodiesel as the mandatory diesel. Although, sales revenue of refined glycerine, by-product of methyl ester and fatty
Refined Glycerine Plant, which expected to commercial run in 2nd quarter of 2019. The Refined Glycerine project will add value-added to Crude Glycerine, creates more margin, and reduce ท่ีตั้ง 55/2 หมู ่8 ถ
were decreased in relation to a decreased in Biodiesel’s sold. Moreover, the Company is currently not selling Crude Glycerine since October 2018 in order to use them in commissioning Refined Glycerine
economic front and greater political issues. Therefore, 2020 will be the most difficult and unpredictable year for the Company. For MACO, we expect the Company’s performance to be negatively affected by the
is expected to be slow growth driven by tariff barriers of international trade such as an increasing of the tax on refined palm oil by India government, attributed to continuously pressure on crude
oils that were further refined to add more value to the product. Since the market has begun trading Low Sulphur Fuel Oil adhering to the IMO standards that would take effect on the 1st January 2020
%). Mainly, from the increase in trade of crude oil and Low Sulphur Fuel Oil products that has been refined to add more value to the product ( IMO Low Sulfur Fuel Oil) . Furthermore, the company earned
the cost of crude refined in Q2/2017 still reflect the crude cost of Q1/2017, resulting in inventory loss for the quarter in the amount of THB 1,010 million (included LCM THB 7 million). However, there