million baht mainly due to 5% growth in Chemicals trading business from 927.7 million baht to 969.6 million baht. Sales income from subsidiary dropped 13% from last year, from 26.1 million baht to 22.6

settlement agreements which requires suppliers to deliver the pending quantity of raw material under the period specified in the agreements. Global Green Chemicals Public Company Limited Management’s

Segments Integrated PET 262 192 222 18% 882 592 49% Fibers 59 69 49 20% 242 190 27% Packaging 19 16 13 43% 59 44 34% Integrated Oxides and Derivatives 26 3 57 (55)% 130 227 (43)% Specialty Chemicals 3 19 44

Prachinburi province in January 2017 are also available. Chemicals were purchased for use as raw materials and distribution division include 1. Zircon Sands sold to industrial ceramics and metal foundry 2

excellence, global scale, differentiated formulations and technologies and fits into its growth segments of Integrated EOs and the Specialty Chemicals portfolio consisting of both Ethylene Oxide and Propylene

% from last year to 262.0 million baht due mainly to 5.5% growth of Chemicals Business. Income from property rental plunged 19.4% from 33.1 million baht to 26.7 million baht due to vacancy of Bangna

same level as the previous year. - Profit before income tax expenses was down by 32% from 59.7 mil. baht to 40.3 mil. baht mainly due to eroding gross profit from Chemicals business as competition

178 116 18% New Segments Integrated PET 791 414 91% 171 256 114 51% Olefins 232 145 60% 50 52 53 (4)% Fibers 211 181 17% 64 49 47 36% Packaging 48 37 29% 13 11 10 29% Specialty Chemicals 158 229 (31

Global Green Chemicals Public Company Limited Management Discussion and Analysis | 1 Management Discussion and Analysis For the operating results of 2Q/2019 Global Green Chemicals Public Company

(Translation) Management’s Discussion and Analysis For the operating results of Quarter 2 2017 Global Green Chemicals Public Company Limited Management’s Discussion and Analysis Global Green