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
2019. Figure 1: Core EBITDA Evolution Note: Core numbers, total of all regions may not match to IVL due to holding segment. Figure 2: Regional Performance Indorama Ventures 2nd Quarter 2018 MD&A 5
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
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
may not match to IVL due to holdings segment (3) Periods with Restated or (R) are restated numbers as per the adoption of new and revised TFRS. Executive Summary The first nine months of 2017 have
Western markets resulted in higher core EBITDA of $ 262 milliom an increase of 18% on a YoY basis and an increase of 37% on a QoQ basis. Earnings from this segment could have been higher by approximately
Integrated PET in Western markets have improved and we produce higher volume of PET in the premium market of Brazil. Core EBITDA margin increased to 13%. Core EBITDA per ton was $138, up 25% from 2017
. Segments total may not match to IVL due to holdings segment. Excluding Feedstock price adjustment for captive sales to PET on freight saving. There are no impacts on regional or consolidated EBITDA. Summary