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Thailand: Management Discussion and Analysis of TPC for year ended 2010.

Thai Press Reports

| February 18, 2011 | COPYRIGHT 2008 Thai News Services. (Hide copyright information)Copyright

Section: SET Filing - Thai Plastic and Chemicals Public Company Limited (TPC) and its subsidiaries reported Q4'10 net profit of Baht 691 million, increased Baht 247 million compared to the same period of last year. For whole year 2010, Net profit is Baht 1,866 million, equals to the previous year's profit.

Operating Results of Quarter 4/2010 Price Situation Overall PVC demands in Q4'10 were higher compared with Q4'09 because of risen in raw material price Therefore, PVC prices in Q4'10 are at US$ 983/MT which increase from US$ 853/MT in Q4'09.

The average prices of ethylene in Q4'10 are US$ 1,047/MT which are quite stable compared with the same period of the prior …

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