Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the year ended December 31st, 2018 Management Discussion and Analysis of Business Operation for FY2018 Bangchak Corporation Plc. I 2 Table of Content Management Discussion & Analysis of Business Operation 03 Executive Summary 05 Important Events 08 Statement of Income 10 Business Performance 10 Refinery & Trading Business Group 15 Marketing Business Group 17 Power Plant Business Group 19 Bio-Ba...

- er 440 Kt pa Early 2018 a. ~90% output goes to IVL exist- ing EO/EG facility b. Capturing entire value chain in USA c. Most integrated PET company in North America d. Leveraging shale gas supply e. ~95

a reliable supplier and increase our contracted output. The on-going restructuring by two of the leading PET producers in key markets of Americas and EMEA in the second half of 2017 has resulted in a

a reliable supplier and increase our contracted output. The on-going restructuring by two of the leading PET producers in key markets of Americas and EMEA in the second half of 2017 has resulted in a

(output) นอกจากนี้ ในกรณีที่มีการจัดเก็บ ข้อมูลเดียวกันไว้หลายที่ (distributed database) หรือมีการจัดเก็บชุดข้อมูลที่มีความสัมพันธ์กัน ต้องมีการควบคุมให้ข้อมูลมีความถูกต้องครบถ้วนตรงกัน [M] · ควรมีมาตรการ

and output. In case of distributed database or storage the concerned database, it shall control the database correctly and completely. [M] · Providing a measure on securities of information in case of

public network, it shall receive an international standard encryption such as SSL,VPN etc. [M] o Providing a measure on controlling the correct of information that storage, input, operate and output. In

% 1.19 0.24% Advances received from customers under construction contracts 66.83 10.00% 46.52 6.17% 27.81 5.94% 16.31 3.31% Unbilled output tax 5.22 0.78% 9.20 1.22% 3.14 0.67% 3.49 0.71% Accrued income

that the amount of oil produced is to be lowered by 9. 7 million barrels per day in May and June 2020. Simultaneously, Saudi Arabia announced to cut oil output by an extra 1.0 million barrels per day in

and to maximize efficiency of the power generating process in order to deliver the best output for customers. In terms of the growth plan for the company, GPSC will focus on the expansion of SPP