Post by account_disabled on Dec 23, 2023 11:11:58 GMT
Bangkok, Thailand – 12 May 2022 – Indorama Ventures Public Company Limited or IVL, a leading global chemical manufacturer In the world that conducts business sustainably, reports on operating results employment in the first quarter of the year Consistently strong on the ground operating base in 2021 at an all-time high From the epidemic situation that is recovering Continuously sampling Drive increased demand in the group The company's products with integration of operations around the world IVL reports first quarter Core EBITDA of $650 million Increased 41 percent compared to the previous quarter or 77 percent year-on-year.
Production volume increased 4 percent year-on-year to 3.80 million metric tons. IV's three business Email Marketing List groups L rose from a leadership position to Company's world that resulted in IVL receiving Overall benefits from crude oil prices increased Rising ocean freight rates and the strong US dollar The value depends on the demand of the operators. Consumer recovery and global movement IVL's Integrated Oxides and Derivatives (IOD) business benefits from high crude oil prices as Shale Gas advantage supports margins on MTBE and MEG products. Ocean freight rates increase . As a result, PET and Fibers will benefit. Because import prices are the same Increasingly common in Western markets which is calculated in proportion to For approximately two-thirds of the company's business groups, management has responded promptly.
Stay safe by protecting yourself from risks. Yong and additional levy As a result, expenses can be recovered. in the field of energy and public utilities Some areas of consumption are increasing in Europe as a result of conflicts between of Russia and Ukraine Opening the country again is a Good signs for product demand of all IVL segments. However, the pandemic lockdown is China's continuous changes have an impact on Downstream Polyester Demand As a result, MEG 's profits decreased. IVL's business is traded in foreign currencies. US Dollar and the strengthening dollar has positive impact which reduces the cost of transformation in emerging economies where IVL has a strong presence in the local market .
Production volume increased 4 percent year-on-year to 3.80 million metric tons. IV's three business Email Marketing List groups L rose from a leadership position to Company's world that resulted in IVL receiving Overall benefits from crude oil prices increased Rising ocean freight rates and the strong US dollar The value depends on the demand of the operators. Consumer recovery and global movement IVL's Integrated Oxides and Derivatives (IOD) business benefits from high crude oil prices as Shale Gas advantage supports margins on MTBE and MEG products. Ocean freight rates increase . As a result, PET and Fibers will benefit. Because import prices are the same Increasingly common in Western markets which is calculated in proportion to For approximately two-thirds of the company's business groups, management has responded promptly.
Stay safe by protecting yourself from risks. Yong and additional levy As a result, expenses can be recovered. in the field of energy and public utilities Some areas of consumption are increasing in Europe as a result of conflicts between of Russia and Ukraine Opening the country again is a Good signs for product demand of all IVL segments. However, the pandemic lockdown is China's continuous changes have an impact on Downstream Polyester Demand As a result, MEG 's profits decreased. IVL's business is traded in foreign currencies. US Dollar and the strengthening dollar has positive impact which reduces the cost of transformation in emerging economies where IVL has a strong presence in the local market .