Indorama Ventures Public Company Limited Approves the Payment of Interim Dividend for the Third Quarter Ended Sept. 30, 2019, Payable on December 11, 2019
November 12, 2019 at 05:48 am
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The Board of Directors' Meeting No. 9/2019 of Indorama Ventures Public Company Limited dated 12th November 2019 (the "Company") has passed the resolution to approve the payment of interim dividend from the Company's performance during the Q3/2019 period from 1st July 2019 to 30th September 2019 at THB 0.35 per share or amounting to THB 1,965,093,167.80. The name of shareholders who have the right to receive dividend shall be recorded on 26th November 2019. The dividend payment shall be paid on 11th December 2019.
Indorama Ventures Public Company Limited is a Thailand-based petrochemicals producer. The Company operates through three segments: Combined PET, Indovinya and Fibers. The Combined PET segment manufactures and distributes the full polyethylene terephthalate (PET) value chain comprising Paraxylene (PX), purified terephthalic acid (PTA), PET, and Recycling (Integrated PET), Specialty PET-related chemicals, PIA, and NDC (Specialty Chemicals), PET preforms and packaging (Packaging), and Ethane to MEG and MTBE (Intermediates Chemicals). The Indovinya segment manufactures and distributes Integrated Downstream Surfactants. The Fibers segment is engaged in manufacturing and distribution of Polyester, Rayon, Nylon, Polypropylene, composites and worsted wool fibers, for three end-use segments: mobility, lifestyle, and hygiene. Its polyester and other types of fibers and yarns are used in the Automotive and Technical, Home and Apparel, and Hygiene and Medical segments.
Indorama Ventures Public Company Limited Approves the Payment of Interim Dividend for the Third Quarter Ended Sept. 30, 2019, Payable on December 11, 2019