Thailand's Polyplex re-evaluating PET film investment


Polyplex (Thailand) Public Co Ltd is re-evaluating a US$70 million (CNY474.08 million) PET film expansion project in terms of its scope, location and technology, but says the timing is definite to revive the development which was put on hold in the second half of 2008 due to global economic downturn.

The company is also proceeding with a US$22 million (CNY149 million) silicone coating line at its complex in Siam Eastern Industrial Park in Thailand, next to its extrusion coating project and the cast polypropylene plant. Polyplex Chairman Manu Leopairote said the market has improved since March 2009 but ...

Source: Plastics News
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