higher margins with production remaining steady Strong improvement in the North American business with Core EBITDA per ton of $145 vs $121 in 1Q LTM 2017 and the EMEA business with 1Q 2018 LTM Core
4,411 10% PET 1,066 947 949 12% 2,013 1,828 10% Fibers 377 363 348 8% 739 690 7% Feedstock 1,103 1,016 926 19% 2,119 1,893 12% West Feedstock 775 717 619 25% 1,492 1,306 14% Asia PTA 328 299 307 7% 627
2017 to $92 in 3Q 2018, driven by tight PTA supply/demand situation, despite increased Paraxylene prices. Although IPA margins have weakened substantially, West Feedstock core EBITDA remained steady at
, diversified and steady cash flows, growing with a combined EBITDA of 18% YoY and 44% LTM 2Q19. The Integrated Oxides & Derivatives segment was negatively impacted by the extended shutdown into 2Q19 following
per ton (YoY) in an otherwise strong season. Figure 1: IVL Quarterly Core EBITDA (LTM) The steady improvement seen in IVL’s core earn- ings follows on from IVL’s consistent strategy of prudent
earnings im- pact from the seasonal maintenances. Figure 1: IVL Quarterly Core EBITDA (LTM) The steady improvement seen in core earnings follows on from IVL’s strategy of prudent invest- ments in the higher
)% Feedstock 1,036 1,071 998 4% 4,000 3,545 13% West Feedstock 723 766 727 (0)% 2,796 2,376 18% Asia PTA 312 305 272 15% 1,204 1,169 3% Operating rate (%) 86% 92% 86% 0% 88% 86% 2% PET 85% 92% 83% 4% 88% 84% 5
: Bay West Development 2. Relationship with contract parties : -None- 3. Acquisition date : 14 November 2017 4. Ownership : Freehold 5. Total area : 3.92 Acers 6. Number of units : 168 units (the current
strategically located in Ain Sokhna free trade zone, North West of the Gulf of Suez and thus providing logistical advantage when sourcing feedstock and delivering end products in key markets, domestically and