Feb 28, 2018INVESTMENTIndonesia, Indonesia Polyplex Group Thailand plans $106M investment in Indonesia, Thailand, US
Polyplex Group Thailand Plc set a $106 million investment budget for 2018-19, including a new greenfield facility in Indonesia ($95M), capacity expansions in Thailand ($7.6M), and a replacement facility in the US ($3.4M).
Capacity
44 kt/year film plant, 87 kt/year chip plant, 6 kt/year metalliser (Indonesia); 4,200 t/year blown PP film (Thailand); 50 million m²/year silicone coated film (Thailand); 6,000 t/year metallised film (US)
ProductsPET filmblown PP filmsilicone coated filmmetallised film
“Our investment in Indonesia is being made at the right time to benefit from a likely industry upcycle during 2019-21.”bangkokpost.com
- 1 source
- bangkokpost.comBangkok Post - PTL outlines expansion budgetLamonphet ApisitniranFeb 27, 2018
Summarized from public sources; check the original articles before acting on it.
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