7 June 2016
DETAILS
INFRASTRUCTURE INVESTMENTS
STIMULATE CONSTRUCTION MARKET
IN THAILAND
The key investment focus of Thailand's government
is on upgrading and developing
the country's infrastructure.
Nearly CHF 100 billion have been allocated to
the ongoing 2014-2021 infrastructure development plan.
The plan includes
* the overhauling of the country’s aging rail system,
* Bangkok’s light rail network, and ports.
Some of the funding has been earmarked for
high-speed rail lines to connect
Thailand, China, and other neighboring countries.
Sika is expanding its supply chain footprint in Thailand
by inaugurating
a mortars and concrete admixtures plant.
The new facility in Saraburi,
100 km North of Bangkok,
is the Group's second in the country.
This latest investment will enable Sika to
* meet the needs of Thailand’s booming construction market,
* expand its local product portfolio and
* continue its strong growth.
The new Saraburi plant
is one of Sika's biggest factories in South East Asia
and has been built on a 25,000 square meter plot.
It has production capacity for
* 100,000 tonnes of mortars and
* 65,000 tonnes of concrete admixtures per year.
A spacious warehouse for the storage of raw materials
and finished goods and an office building
complement the state-of-the-art manufacturing facility.
Sika’s presence in Thailand dates back to 1988.
Heinz Gisel,
Regional Manager Asia/Pacific
"After our existing plant in Chonburi reached its limits,
we consequently invested
in additional production capacities.
The new plant will enable us to maintain
our strong growth in Thailand in terms of
production volume, sales and market share.
South East Asia is one of the regions
where Sika generates
some of the Group’s highest growth rates, and
we are well positioned to
continue this positive development."
WWW.CHEMWINFO.COM BY KHUN PHICHAI
