Post by account_disabled on Dec 19, 2023 3:09:57 GMT -5
Environmentally friendly energy innovation and geographic diversity For the Fibers business group, Core EBITDA increased 37 percent to USD 268 million. This was due to an 11% increase in sales volume. Profit increased due to limited market supply and the diversity of products offered. But there was still a slowdown due to increases in the prices of energy and consumer products. Meanwhile, the semiconductor shortage It also affects the automotive fiber product group. Mr. Dilip Kumar Agarwal, CEO and CFO, Indorama Ventures, said, “IVL's performance is driven by a number of macroeconomic factors such as crude oil prices. increasing supply changes
and consumer confidence is recovering as vaccinations Phone Number List continue throughout the second year of the pandemic. These factors lead to better profits. And it benefits us as a popular regional supplier. We are able to quickly respond to customer needs. In addition, our enterprise-wide transformation program, which began three years ago, is increasing operational efficiencies faster than planned. With the world recovering from the epidemic We are more confident that IVL's flexible business model will provide a strong foundation for future growth into 2024.” Business Plan 2022 – 2024 On February 10, 2022, ,
IVL announced a three-year business plan that will enhance its operations. Around the world including various change projects that is in progress and a high level of integration among the company's 3 business groups. to drive revenue growth extract effectiveness and increase production ability IVL will continue to invest in its business structure, people and strengthen its systems to unlock its full potential. This will contribute to EBITDA growth and achieve the target of increasing Return on Capital Employed (ROCE) to over 15 percent by 2024. Systematic allocation of capital for cash flow worth approximately 5,000. Millions of dollars will
and consumer confidence is recovering as vaccinations Phone Number List continue throughout the second year of the pandemic. These factors lead to better profits. And it benefits us as a popular regional supplier. We are able to quickly respond to customer needs. In addition, our enterprise-wide transformation program, which began three years ago, is increasing operational efficiencies faster than planned. With the world recovering from the epidemic We are more confident that IVL's flexible business model will provide a strong foundation for future growth into 2024.” Business Plan 2022 – 2024 On February 10, 2022, ,
IVL announced a three-year business plan that will enhance its operations. Around the world including various change projects that is in progress and a high level of integration among the company's 3 business groups. to drive revenue growth extract effectiveness and increase production ability IVL will continue to invest in its business structure, people and strengthen its systems to unlock its full potential. This will contribute to EBITDA growth and achieve the target of increasing Return on Capital Employed (ROCE) to over 15 percent by 2024. Systematic allocation of capital for cash flow worth approximately 5,000. Millions of dollars will
