strengthen and enhance a more sound cooperate image for both the Company and CCPT-KY. CCPT-KY would be able to attract and to recruit more professional and skilled personnel and to create a more competitive
professional and skilled personnel and to create a more competitive work place among other competitors. 8. Plan to utilize the proceeds from the IPO Plan CCPT-KY plans to use the proceeds from the IPO as follows
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
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
chief executive officer appoints knowledgeable, skilled, and experienced key executives. The board or the nomination committee together with the chief executive officer should establish the criteria and
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
delivering to our customers at this time of lockdown and crisis led by COVID19. Our PX business in USA has seen improvement with lower feedstock prices driven by lower crude oil and lower gasoline demand
start-ups with high potential; (3) From traditional services to high-value services that provide more value creation; and (4) From low-skilled to high-skilled labor with knowledge and expertise. 4