various segments, the Bank in-house research has revised the Thai economic expansion for the year 2018 to be 4.2% from earlier projection of 3.8%. Despite the improving economy, there are challenges ahead
expansion for the year 2018 to be 4.5% from earlier projection of 4.2%. Despite the improving economy, there are challenges ahead namely 1) Structural changes in Thai economy, particularly high level of
our fibers business to achieve Assets full potential and Operational excellence across 13 sites of Combined PET and Integrated Oxides and Derivatives segments. As we look ahead for 2020, we feel
and are inelastic consumer goods. As we look ahead for 2020, we feel confident in our business model as our global footprint having regionalized ecosystem coupled with inelastic nature of products allow
which the Bank of Thailand projected to record growth of 3.5 percent in 2017, and 3.7 percent in 2018 (as of June 2017). However, the economic growth in the period ahead still challenge with uncertainties
growth in the period ahead still challenge with uncertainties on the US economic and foreign trade policies, China’s economic structure reforms, as well as geopolitical risks that could undermine export
need for working capital has slowed down, while demand for household credit increased in almost all categories except home loans. Looking ahead, financial institutions predict that demand for business
anticipation of the summer months ahead. - In 2018, there was incremental supply of PTA and PET as a result of restart of the shutdown plants in Portugal (PTA), Egypt, Brazil, Mexico, USA (all PET) and
respectively and Phu Yen TTP solar project (Phu Yen Project) with an installed capacity of 257 MW commenced COD on June 10, 2019. Both projects could achieve COD several weeks ahead of the schedule and within