on world crude steel production was 428.2 million tons in the Third-Quarter of 2017 and accumulated world crude steel production in the first nine months of 2017 was 1,266.9 million tons, significant

Limited Global Green Chemicals Public Company Limited Management Discussion and Analysis | 2 Executive Summary In 1Q2019, palm oil production and crude palm oil (CPO) inventory have remained high in both

of crude oil and not to record material revenues and other account in AIE’s accounting system causing inaccuracy in AIE’s financial statements for Q1-Q3 of the year 2014 and the financial statement for

crude oil and not to record material revenues and other account in AIE’s accounting system causing inaccuracy in AIE’s financial statements for Q1-Q3 of the year 2014 and the financial statement for the

from in the 3rd quarter of 2018 by 114.43%. Due to the price of crude palm oil was continuously decrease within the 3rd quarter of 2019 (20.50-15.00 Baht/Kilogram) in the range of -5.50 Baht/Kilogram

| 2 Executive Summary In 3Q/2019, overall palm oil production and crude palm oil (CPO) inventory remained high in both domestic and international market, thus crude palm oil (CPO) and crude palm kernel

industry as the government support this kind of business as it is a clean renewable energy compare to diesel. This will help to reduce the purchase of Crude Oil from other country and also support stability

operations. 1.1 Factors that affect business operations. In the year 2018, the Company affected from; prices of raw materials, cotton and polyester, risen since the second quarter; uncertainty of crude oil

consequences; resulting customer orders decreased. World market prices of crude oil and cotton has been risen since the second quarter, and also the fluctuations of currency exchange rates affecting the Company

back expected +4-5% range. We expect the overall burnt and crude product market contraction in 2020 and expansion in 2021 to be in the same range. This being said, we do not expect further major