expand with the doubling of PTA (recently completed). Although the high IPA margins will gradually normalize but we expected them to be more than offset by the dou- bling of IPA production starting 1H18

by lower earnings from Olefins & Specialty Chemicals business. Earnings from the EO-EG facility is expected to normalize to 2016-18 average margins in FY 2020. Earnings from the US Gas Cracker (in ramp

1Q19 and LTM were adversely impacted by lower earnings from Olefins & Specialty Chemicals business. Earnings from the EO-EG facility is expected to normalize to 2016-18 average margins in FY 2020

prices should keep the current account surplus at around 7-8 percent of GDP. V3 22/02/62 14:27 น. 2 Private consumption will likely moderate as car sales are expected to normalize and elevated household