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Industrial Raw Materials overview

Industrial Raw Materials volumes declined by 19.9% due to lower fertiliser trading, cotton and wood product volumes during the period.


Segment revenue declined by 18.8% due to lower volumes as compared to the prior corresponding period.

The cotton and wood products businesses recorded a growth in EBITDA. However, overall segment EBITDA declined by 14.1% due to a reduced contribution from the SEZ business as compared to the prior corresponding period.

Our overall invested capital increased by S$45.5 million compared to 2014 due to investments in upstream rubber plantations and SEZ in Gabon.

Segment EBITDA/IC declined from 11.6% in 2014 to 9.8% in 2015 due to lower EBITDA.

Read the full FY15 highlights here