some customers had their plant shutdown. In quarter 2/2017, the company reported Adjusted EBITDA of Fatty Alcohol business was higher than quarter 1/2017 at Adjusted EBITDA by 162% or increased by Baht
announcement of permanent shutdown of a synthetic fatty alcohols plant in Europe and temporary shutdown in some Chinese fatty alcohols plants due to more strictly safety control and more stringent environmental
, an increase of 18,197 tons or 22% compared to 3Q/2018 due to the incremental capacity of methyl ester from methyl ester plant 2 in 3Q/2019. Meanwhile, natural fatty alcohols sales volume was sold at
were tight which were impacted by the announcement of permanent shutdown of a synthetic fatty alcohols plant in Europe and temporary shutdown in some Chinese fatty alcohols plants due to more strictly
company recognized profit of THB 46 million from investments in the Thai Ethoxylate Company Limited (TEX) which produces Fatty Alcohol Ethoxylate (Derivative Product of FA). Lastly, the company had gotten
Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For Quarter 1/2020 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based Products 23 - Natural
million from Thai Ethoxylate Co. Ltd., (TEX) a subsidiary of GGC, producing Fatty Alcohol Ethoxylate (Derivative product of FA). As a result, the GGC announced net profit for FY17 of THB 521 million (down
tons or 11% compared to FY2018 due to the incremental capacity of methyl ester from methyl ester plant 2 which has commenced the commercial operation in 2Q2019. In addition, at the same time, the company
launched new products such as alcohol products for cleaning in form of gel and spray to respond to Coronavirus disease 2019 pandemic, so sales of alcohol products for cleaning increased. By the way, revenues
could not be recorded in profit/loss statement because methyl ester plant 2 was under testing run for commercial operation. While, Methyl ester price increased following an increase in crude palm oil