the HVA business of $542 milion for the first time in several quarters. Our more disciplined Western businesses of North America and EMEA accounted for 79% of 1Q 2018 LTM earnings, whereas the Asian
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
by low core ROCE for EMEA region and EBITDA/t due to transition year of Artlant PTA and Egypt PET acquisitions made in last six months undergoing startup/ramp-up. Improvement in West PTA and PET
: 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
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
objectives and part of the company’s stated plan to invest significantly in recycling over the next five years. The proximity of the facility to a large supply of recovered PET bottles on the US West Coast
the consolidation of PET in India and PTA in Indonesia. EBITDA contribution in this segment improved for the contracted businesses in the Western markets. In the Fibers segment, we benefitted from M&G
(Egypt and Brazil), and the consolidation of PET in India and PTA in Indonesia. EBITDA contribution in this segment improved for the contracted businesses in the Western markets. In the Fibers segment, we
every segment. There is a positive structural change in PET business in the western markets due to financial stress with two major PET producers operating in these markets. PET margins are recovering back