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Baht/$ 33.59/61
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GOLD |
14,000
- 200
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CHEMICALS
VICHAYA PITSUWAN
Henkel (Thailand) Plc, the local unit of the German adhesive, surface treatments and chemical producer, expects its revenue to grow by 10% from two billion baht last year, according to president Chamaiporn Uerpairojkit.
The company established a production base in Thailand 35 years ago, and demand for its products has grown continuously in line with the growth of the industrial sector in Thailand.
The company said this year's sales projection depended on the rising automobile and electronics industries, which have experienced strong export growth in recent years.
''As our products are well-known in the industrial sector as a significant material for all industries, especially ones that need a large number of assembly parts, our adhesive products have earned a warm welcome,'' Ms Chamaiporn said.
More than 30% of the company's revenues are generated by chemicals for hair-treatment products. It is a main supplier for one of the most popular salon brands, Schwarzkopf.
The remaining revenue comes from its wide range of adhesive products made for the different requirements of each industry.
Ms Chamaiporn said Thailand was Henkel's production base in Southeast Asia, its 20% to 30% of annual output shipped overseas, and the rest served demand in domestic markets.
Henkel generated global sales of 12.74 billion in 2007 from its offices in 125 countries.
Due to the growth of the local industrial sector, Henkel plans to increase capacity of its adhesive products by 20% from 10,000 tonnes per year. She declined to give investment details.
The company has also attempted to address climate change, of which chemicals are a cause, by using more biological materials in production.
Its main customers include Mercedes-Benz Thailand Ltd, Electrolux (Thailand) Co Ltd, Kulthorn Kirby Plc and Enkei Thai.
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