, core EBITDA/tonne significantly rose by 34% and delivered a core EBITDA of $ 122 per tonne in 3Q17, the highest level achieved by the Company over the past 23 calendar quarters. This is the third

%. Production growth was modest at 4% but the highlight was the Core EBITDA per tonne of $ 110 in 2017, a growth of 24% Y-o-Y, demonstrating a sizeable improvement in the quality of the portfolio and earnings

%. Production growth was modest at 4% but the highlight was the Core EBITDA per tonne of $ 110 in 2017, a growth of 24% Y-o-Y, demonstrating a sizeable improvement in the quality of the portfolio and earnings

down 70kt or 17% year on year. On the positive side EBITDA per tonne increased 1% and as fuel is expected to reduce in 2020 the trend is encouraging. On the costs side SG&A decreased by -5% as a focus on

-value special- ties feedstock gave a tremen- dous boost to earnings from that segment, wherein core EBITDA/tonne rose by 57% on a year-on-year basis. While EBITDA margin for PET was impacted for Table 2

behind forecasts value per tonne was increased therefore as volumes pick-up in H2 we expect revenue to get back on track. On the costs side SG&A increased slightly due to some one-shot payments for

market as competitors re-assigned volumes due to the weak export market and strong Thai baht. Although volumes were behind forecasts revenue per tonne has increased compared to 2018. On the costs side SG&A

& Alkylates 181 Land 6 Acres Infrastructure and Logistics Rail, truck, barge and pipeline 2 KMT means Kilo Metric Ton or 1,000 Metric Tons 6 6.1(iv) Botany Manufacturing Facility Location 77 Denison Street