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Strategy and Mitigation
Given challenging global economy affecting all of our business
segments, we focus on Cash Flow and Cost Efficiency at all of
Strategic Business Units (SBUs)
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Capital discipline to preserve cash flow
* Prioritize capex
* Reduce 2013 capex from US$ 231mn to US$ 128mn
•
Asset optimization to generate cash flow
* Operational excellence at all SBUs
* Improve the working capital management
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Cost initiative programs in all SBUs
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Reduce cost and improve capital efficiency