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96 articles for Indorama Ventures PCL
Thailand: Chemical - Demand improvement overshadowed by excessive new supply
Low season is coming. Huge new capacity to pressure 2023 olefins spreads. Incremental supply boosts to constrain 2023 aromatics margins.
Suppata Srisuk @ Bualuang Securities 24 March 2023
Thailand: Chemical -4Q22 to be a weak quarter; QoQ improvement expected for 1Q23
4Q22 aggregate core earnings to subside. QoQ aggregate core profit expansion expected for 1Q23. Better prospects to trigger share price re-rating.
Suppata Srisuk @ Bualuang Securities 19 January 2023
Thailand: Chemical - 2023 playbook: Oversupply looms, be selective
Subdued demand in near-term, recovery expected afterward. Substantial new supply additions to pressure 2023 olefins spreads. Hefty incremental capacity to squeeze 2023 aromatics margins.
Suppata Srisuk @ Bualuang Securities 9 December 2022
Thailand: Chemical - 3Q22 preview—GGC and IVL to standout
Aggregate core earnings contraction expected for 3Q22. 4Q22 aggregate core profit to soften further, led south by PTTGC. More optimistic on 2H22 outlook prompted earnings upgrade.
Suppata Srisuk @ Bualuang Securities 19 October 2022
Thailand: Chemical - 4Q22 playbook: Selective resilient earnings play
Weaker demand, low season, new capacity to squeeze 4Q22 spreads. Influx of new supply to dampen olefins spreads this year. Demand improvement to support 2022 aromatics margins.
Suppata Srisuk @ Bualuang Securities 19 September 2022
Indorama Ventures PCL: Record high 2Q22 profit beat them all; hefty YoY growth seen in 3Q22
Suppata Srisuk @ Bualuang Securities 11 August 2022
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Thailand
Asia
Materials
About
Indorama Ventures PCL manufactures and distributes polyethylene terephthalate ("PET"), purified terephthalic acid ("PTA") and related products, polyester fibers and yarns, and wool products.
