year 2019 or decreased by 44. 8 percent from the same period, since the Company and subsidiaries implemented several actions to control staffs costs and activities costs, rent negotiation with landlord
accounting principles. Moreover, the auditor was unable to find sufficient supporting evidence to satisfy the audit procedures due to limitation on scope of audit imposed by the PICNI management in various
2017 has been a momentous year for Indorama Venture in more ways than one. The Company surpassed several milestones in its journey towards its stated vision of becoming a “world-class chemical company
. In addition, it is also due to the increase in new media which has resulted in the allocation of advertising spending to various media and economic slowdown which has affected the spending of
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
be carried out according to the measures laid down, the situation can be resolved, and the economy could recover. The Company has been monitoring the situation closely and has launched several policies
, while the company has adapted to the situation through several cost-saving initiatives. The Company’s part-time staff has been paused, while the full-time staff has been relocated to support delivery
working capital from operating activities that have low financial costs to invest in fixed assets (land, buildings and equipment) and repay loans. The Company has various types of credits from several