that are reusable, recyclable or 100% degradable. In the previous year, we announced the plan for halving the use of virgin plastics in packaging and made a commitment to collect and process plastic
of both sides to ensure that used PET plastic bottles that is 100% recyclable, and therefore not “single-use”—will be collected, processed, and used again and again within a circular economy. It will
effective manner to reduce non-recyclable and single-use waste to the minimum. The campaign attracted a number of business sector units and was officially launched on 4 December 2019, Thai Environment Day
, an indication of the strong demand for recyclable PET. 2Q19 core EBITDA grew 43% YoY and 34% LTM 2Q19. The overall core EBITDA in 2Q19 and LTM 2Q19 was $361 million and $1,392 million respectively, a
growth for the 100% recyclable PET and polyester and the new demand for PTA following China’s decision to discontinue the import of recycled PET. Going forward, we do not foresee any new meaningful PTA and
growth for the 100% recyclable PET and polyester and the new demand for PTA following China’s decision to discontinue the import of recycled PET. Going forward, we do not foresee any new meaningful PTA and
Industry fundamentals continue to be positive, led by strong demand growth outlook for 100% recyclable PET, supply balance and on-going restructuring seen in the PET and PTA industry with limited new supply
feedstocks for EIPET with short transit times Focus on balancing market need for recyclable PET packaging supply chain with reliable manufacturing 15-Jun-18 (Signed: 14-Jun-18) August 2018 (start-up
markets and PX integration in NA), all of which positions us as the global leader in this 100% recyclable business. Investment plans in enhancing the recycling volumes to 750 KMT by 2025; completing the JV