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Thai Gypsum Producer Plans One Billion Baht Investment.
Byline: Srisamorn Phoosuphanusorn
Jun. 6--BPB Thai Gypsum Plc is preparing to invest one billion baht to expand the manufacturing capacity of its Laem Chabang factory over the next three years in response to a strong upturn in the property market.
The expansion would increase the output capacity of gypsum products by 10-15 percent , from the current maximum of 35 million square metres annually. Currently, the factory's capacity utilisation rate is over 70 percent .
Michael Jones, regional director and chief executive officer, said the investment funds would be used mainly to upgrade the factory's technology and capacity to serve both domestic ...
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Source: HighBeam Research, Thai Gypsum Producer Plans One Billion Baht Investment.