Date: 8 May 2006
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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