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GE Thailand Commits 2.2 Billion Baht to Silicones.

Bangkok Post (Bangkok, Thailand)

| November 02, 2002 | COPYRIGHT 2002 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Srisamorn Phoosuphanusorn

Nov. 2--Surging demand for silicones has prompted GE Thailand to commit an additional 2.2 billion baht to build a new silicone finishing production base in Rayong to strengthen its regional operations.

GE Toshiba Silicones, a joint venture between General Electric of the United States and Toshiba Corporation of Japan, has been established with an investment ratio of 51:49.

The factory, on 49 rai in Asia Industrial Estate, is due to become operational in the first half of 2004.

Early last year, GE Toshiba Silicones entered a 50-50 venture with Shin-Etsu Chemical of Japan to build a 10.5-billion-baht ...

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