a new production line which provided more capacity in order to serve higher demand from customers. 2. Sales cost to revenue ratio decreased by 4.15% (from 93.86% to 89.71%) because the improvement of

Excavation 3 Soil and Coal Milling Project at Mae Moh Mine, Contract No.6 decreased. Due to heavy rain in the project area, the operation could not be done at full capacity resulting in the loss from regular

purchase orders and postponing investment plans for additional capacity in the country temporarily. However, it is expected that the industry will recover in the second half of this year, so the Company

Q2/2019 compare with Q2/2018 Description Amount % Amount % More (Less) Amount % Average Capacity Utilization 69.90% 70.53% (0.63%) Revenue from sales 355,059 100.0% 354,526 100.0% 533 0.2% Cost of

EIPET and entered into a 50% Joint Venture partnership with Dhunseri. EIPET with a manufacturing capacity of 540,000 tonnes per annum is one of the largest PET producers in Middle East and Africa. It is

) S.A., in France (“Sorepla”). Sorepla is one of the largest plastics recycler in Europe with a capacity of 52,000 Mt per annum. The acquisition fits into IVL’s long term business as well as our

. Schoeller Group is a leading European producer of pure wool and wool blend worsted yarn, having one dyeing facility in Austria and one spinning facility in the Czech Republic, with a total production capacity

largest manufacturers of PET preforms in West Africa and is located in Ibadan, Nigeria, with a production capacity of 18,000 Mts. per annum. The value of the above acquisition, calculated in accordance with

produces primarily Recycled Polyethylene Terephthalate (rPET) Flake with a combined capacity of 40,000 tonnes/annum. This acquisition is strategically in-line with the IVL’s long-term sustainability

business. In IRSL, improvements have been made on increasing capacity utilization, improving operational efficiency, consistent product quality and expanding customer base. Capacity utilization increased