Continental AG last year announced that it held a groundbreaking and prayer ceremony on Nov. 21, 2017, to mark the start of construction at the company’s new greenfield tire plant in Rayong, Thailand. These efforts mark Continental’s fifth greenfield investment into a tire plant since 1999. With the completion of the new plant, Continental’s Tire Division will expand its global...
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Kuraray Co. Ltd. (TYO:3405) announced on March 7 that it has inked a joint venture agreement with Sumitomo Corp. (TYO:8053) and Thai-based PTT Global Chemical PCL (PTTGC) for a butadiene derivative business. The three companies began detailed feasibility studies in September 2016. Ahead of the final decision on investment, they signed an agreement to hold further discussions and to file...
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Bando Chemical Industries Ltd. (TYO:5195) has established Bando Asia & Pacific Co. Ltd., a new wholly-owned subsidiary in Bangkok, Thailand. Intended to help Bando advance its business in Asian markets more effectively, the subsidiary was established with 11 million Thai Baht ($332,527) in capital, and is set to begin operating next January. For the time being, its role will be...
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Nikka Shoko (Japan) Co. Ltd., a trader of industrial rubber and plastic products, and Hotty Polymer Co. Ltd., a manufacturer of rubber and plastic goods for the automotive and construction sectors, recently co-exhibited at Thailand’s T-PLAS 2017 trade fair. The fair, which shows opportunities for the plastics and rubber industries under the country’s Thailand 4.0 economic model, which was held...
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Hayakawa Rubber Co. Ltd. recently donated Superseal products, the company’s reactive-adhesion type sealant for concrete, to a Thai infrastructure project in which Chulalongkorn University’s Voluntary Engineering Student Camp (VESC) created estuary weirs. VESC, which was the first voluntary project carried out by Chulalongkorn University in 1969 and has been carried out once a year since then, was given its name...
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Bridgestone Corp. (TYO:5108) marked the 50th anniversary of its corporate group activity in Thailand with a commemorative ceremony in Bangkok. The ceremony was attended by special guests such as Thailand’s Minister of Science and Technology Achaka and Thai Board of Investment Secretary General Hirunya, as well as local business partners. Attendees from Bridgestone group included CEO Masaaki Tsuya, COO Kazuhisa...
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