Tag: PET Spreads
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Thailand: Indorama Ventures reports 10% y-o-y drop in production in Q2CY’26, but earnings recover sharply
EBITDA rises 129% in Q2CY’26 despite lower sales Combined PET EBITDA jumps 163% on wider spreads Indorama Ventures Public Company Limited (IVL) reported a sharp improvement in second-quarter 2026 (Q2CY’26) earnings, supported by wider polyethylene terephthalate (PET) and chemical spreads, stronger commercial execution, and tighter operational discipline. However, cumulative production declined 10% y-o-y. Production trends…