accessibility to low cost of funding. Looking forward, fiscal stimulus will be maintained to ensure that the economic recovery remain on track. Vaccines for sustainable, inclusive and resilient economic growth
of tax exempt status which can be carried forward and deducted as expenditure from the net profits acquired. For the year 2014 and 2015, the Company could claim this priviliege to the whole amount
driven by lower industry-wide Integrated PET spreads. Going forward, management will focus on cost management initiatives, drive operational excellence, and working capital optimization in parallel with
our key products and strong margins, even carrying forward into the second quarter, driven at first by recovery in China. Global inventory levels are tight and combined with supply chain shocks are
well as changes in consumer behavior. Therefore, Thai commercial banks must be ready for these trends and able to cope with changes in order to move forward in a sustainable way. Overall Picture of the
Capital Expenditure Program We continue to invest in the business to enhance overall production, vertical integration and quality of earnings. Improved cash flows and ongoing commitment from shareholders
plan for this business including a project to drive new demand for IPA, feedstock optimization and one line conversion to become switchable between IPA and PTA. Capital Expenditure Program IVL expects
sales of light vehicles, U-shape recovery is expected with easing of situation and financial support given to Automobile sector by European government. Capital Expenditure Program IVL expects its balance
chain disruptions. Mobility improved before softened in March 2020 due to lower auto manufacturing. Capital Expenditure Program IVL expects its balance sheet and cash flow from operations to remain strong
shareholders’ equity. 4.2 Capital expenditure In the year 2018, the Company had capital expenditure for the replacement of electrical equipment and machine accessories amounted 17.82 million Baht. 7 /8 ( ) Union