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Firm Sells Glass For Indoor and Out
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(The Nation (Thailand) Via Thomson Dialog NewsEdge)Eco Coat Ltd, a new Thai-German company, made its debut during Architect '06 this week by launching coloured and transparent glass for outdoor and indoor home decoration under the Betoglass brand.
Eco Coat has spent Bt10 million building three plants in Bangkok with a total of 3,000 square metres in space. Total production capacity is 100 square metres of glass per day.
Despite a slowdown in the real estate industry, the company is confident that it can etch out a niche for itself because there are no other companies in the decorative glass market that focus on both indoor and outdoor products. In addition, the glass market is large - one million square metres last year - leaving a window of opportunity for Eco Coat.
Eco Coat's Thai partner holds an 80-per-cent stake and the German company Betoglass Deutschland GmbH owns the rest, according to Warasak Nopparad, assistant market and sales manager. The company has Bt50 million in registered capital.
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May 8th, 2006
Source: Tmcnet.com |
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