, IVL remains commited to growing our recycling footprint and driving the circular economy for PET, working closely with our global customers. For example, P&G recently announced a long-term agreement
% ownership of Long Quan Safe Food JSC (LQSF), a major beverage producer in Vietnam. LQSF’s cost competitiveness will enhance the Company’s production base for emerging markets in Southeast Asia, while LQSF’s
Group’s inventory as at September 30, 2019 accounts for 25.94 percent of the total assets, of which 20.79 percent are finished products, 21.45 percent are work in progress and 45.67 percent are raw
sharp decline in industry- wide IPA spreads which has led to a negative EBITDA contribution from this product. As part of our currently ongoing broader long-term strategy review, we are reviewing our
the 2nd Quarter 2020. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sales and raw material importation by hedging forward contract from
for long term growth, while remaining focused on supporting, supplementing and leveraging our flagship business of Combined PET. • With the reopening of economies, easing of lockdowns and improvement in
imports of capital goods and raw materials. This was in line with the improving business sentiment and export recovery. The value of Thai exports for the first two months of 2021 fell by 1.2% yoy. Excluding
reported EBITDA. Inventory gains/losses in a period result from the movement in prices of raw materials and products from the end of the previous reported period to the end of the current reported period
installation in the UK and that the carbon footprint of solar PV in general has decreased approximately 50% in the last 10 years due to performance improvements, raw material savings and manufacturing process
) Period Packaging Business which the main raw materials are film, printing and solution, labor costs and overhead including operating expenses 3. Expansion of the Company's business by building a warehouse