UAC eyes Myanmar for projects | Bangkok Post: business

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UAC eyes Myanmar for projects

The MAI-listed Universal Adsorbents & Chemicals Plc (UAC) will expand its alternative energy and water management projects into Myanmar, with the initial investment set at 2 billion baht.

Kitti Jivacate, the president and chief executive, said the move is expected to double the company's profit margin from 8-10% now.

UAC started out as a chemical trading company that counted the Siam Cement and PTT groups among its main customers.

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