Solar company continues on growth course in spite of flooding As the year is coming to an end, Conergy has won a further major contract in Thailand, continuing its string of successes in Asia in spite of the recent flooding in the country. The 9 megawatt solar park in Pak Thong Chai in the province […]
Continue ReadingHoneywell International Inc. is poised to overtake 3M Co. as the world’s biggest maker of protective gear, buoyed by $3 billion in acquisitions since 2008 and stronger workplace-safety rules in developing countries. Annual personal safety-products revenue at Honeywell may rise past $2 billion in 2012 once it closes on last month’s $338 million purchase of […]
Continue ReadingThe Airports of Thailand (AoT) will speed up completion of the second phase expansion of Suvarnabhumi Airport to 2016, one year ahead of its earlier scheduled 2017. The second phase project uses a Bt62.5 billion budget, said Transport Minister Sukampol Suwannathat. The ministry plans to make Suvarnabhumi Airport the region’s aviation hub. Acting Suvarnabhumi Airport […]
Continue ReadingBridgestone has unveiled its plan to build a new US$497 million plant for production of radial tires for passenger cars in Dinh Vu Industrial Zone (IZ) in the northern city of Hai Phong. The plant is expected to be operational in the first half of 2014 and reach full production capacity of around 24,700 tyres […]
Continue ReadingDespite the high price tag, the plan will be worthwhile Although a proposed initiative to construct a 100-kilometre tunnel to prevent future flooding in and around the capital will carry a hefty price tag, it is worth the cost, say underground tunnelling system analysts. ‘Tha‘iland has a few options. No major city relies solely on […]
Continue ReadingRepresentatives from Cambodia and Thailand yesterday agreed to a 2013 completion date for a railway link from Phnom Penh across the Cambodia-Thailand border crossing at Poipet. Outdated agreements had delayed the project, Thai officials said. Insiders have also said disagreements over cross-border trade have kept the Thai side from full commitment. Cambodian delegate Vasim Sorya […]
Continue ReadingConergy Group, a leading producer of solar cells, expects sales volume in Thailand to more than double to 40 megawatts next year from 17.8 MW now. “Thailand has potential for solar farm business over the next several years, and the government is also planning to introduce home-roof solar panels for the household sector,” said Alexander […]
Continue ReadingAs a result of the earthquake and subsequent tsunami in Japan, and the ongoing flooding in Thailand, many U.S. companies have filed or are considering filing contingent business interruption claims against their property insurers. “Both Japan and Thailand have a significant number of suppliers for various industries, particularly automotive and semiconductors, which is resulting in […]
Continue ReadingMitsubishi Heavy Industries Ltd (MHI) has received a full-turnkey order for a project to build a 1,600 megawatt (MW) gas turbine combined-cycle (GTCC) power generation plant from Gulf JP NS Company, Limited (GNS) in Thailand, a wholly owned subsidiary of Gulf JP Company Limited which is 90% owned by a local subsidiary of Electric Power […]
Continue ReadingItalian-Thai Development expects to allot 40,000 rai of industrial land in Burma’s Dawei project next year, with plans calling for a 300-billion-baht steel mill, says ITD president Premchai Karnasuta. The industrial estate will also comprise a fertiliser factory and petrochemical refineries. The basic infrastructure for industrial use is expected to be completed and ready to […]
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