# 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).

- Type: Investment
- Announced: 2018-02-28
- Where: Indonesia, Indonesia
- Value: $106.0M
- Starts operating: Q3 2019
- Status: announced
- 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)
- Products: PET film, blown PP film, silicone coated film, metallised film
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Polyplex Group Thailand Plc](https://endata.com/companies/30364.md)

## Sources

- [bangkokpost.com](https://www.bangkokpost.com/business/general/1419622/ptl-outlines-expansion-budget), 2018-02-27: "Our investment in Indonesia is being made at the right time to benefit from a likely industry upcycle during 2019-21."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
