8 companied plan to invest in Thailand
2015-7-1 14:51:27Editor：AmandaFont Size：Big Medium Small
Chakramont Pasukavanich, minister of Thailand's Industry Ministry, recently said that there were eight Chinese companies plan to invest in Thailand to build up rubber process plants.
It is said that there were three companies' investment aprroved by the government, with a total investment of 269 million bht.
It is said that there will be 2.2 million units/year of production capacity after completion.
Nowadays, rubber consumption in Thailand is only 560,000 tons/year. After new plants come into operation, rubber consumption will reach 1 million tons/year, which accounts for 25% of national production.
Tireworld
- Tireworld Insight: Domestic tire makers eye overseas expansion
- Tireworld Insight: Price disparity severe between China's rubber exports and imports
- Tireworld Insight: China tire exports dependent on US market performance
- Tireworld Insight: SHFE rubber expected to move in tight range in short-term
- Tireworld Insight: Rubber futures to test near-term resistance at 15,000 yuan/tonne
- Tireworld Insight: China’s tire industry on track of rapid growth
