# Thai Nakorn Paint and Chemical invests over 400M baht in new factory

Thai Nakorn Paint and Chemical Co., Ltd is investing over 400 million baht to build a new factory in Plaeng Yao district, Chachoengsao province, to expand production capacity and serve the CLMV market.

- Type: New facility
- Announced: 2020-11-15
- Where: Plaeng Yao district, Chachoengsao province, Thailand
- Value: $12.8M (400.0M THB)
- Status: announced
- Products: automotive paints, OEM paint products
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Thai Nakorn Paint and Chemical Co., Ltd](https://endata.com/companies/51218.md)

## Sources

- [en.postupnews.com](https://en.postupnews.com/2020/11/thai-nakorn-paint-and-chemical-launch-new-factory.html), 2020-11-15: "The market growth opportunity within the CLMV countries and the competition from the international market, especially from China spurred the company to invest over 400 million Baht to build a new factory."

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