Thailand PACE Development Corporation Public Company Limited (“the Company”) would like to report the operating results for the year ended 31 December 2019. The details are as follows: Exhibit 1: Earnings
. Concurrently, the EPPO P2F also increased due to higher of methanol price. Global Green Chemicals Public Company Limited Management’s Discussion and Analysis | 5 Fatty Alcohols Exhibit 4 : Products and
could not be recorded in profit/loss statement because methyl ester plant 2 was under testing run for commercial operation. While, Methyl ester price increased following an increase in crude palm oil
palm production and stock, EPPO P2F was also increased due to higher of Methanol price. Global Green Chemicals Public Company Limited Management’s Discussion and Analysis | 5 Fatty Alcohols Exhibit 4
Analysis | 2 Executive Summary In 1Q2018, Domestic palm oil production has increased as well as in other countries after the drought occurred in FY2016, consequence to lower Crude Palm Oil(CPO) prices and
glycerine supply since biodiesel blending rate has been increased by the majority biodiesel producers in global, resulted to increasing of glycerine volume (by-product of methyl ester), and together with B100
million which comprised of cash and short- term investment amounting to THB 2,444 million, with total liabilities of THB 3,158 million and total equities of THB 9,338 million. Operating Performance Exhibit
tons or 8% compared to the same quarter of the previous year. While, fatty alcohols sales volume was sold at 24,798 tons, increased by 563 tons or 2% from 1Q2018. As above reasons and the declining of
situation, the Global Green Chemical Public Limited (“GGC” or “the company”) operated at a full capacity, which resulted to methyl ester sales volume in FY2018 of 374,922 tons, whereby increased from methyl
glycerine price driven by glycerine supply glut since biodiesel blending rate has been increased by leading biodiesel producers in global market. As aforementioned, the company posted net loss of THB 97