BANGKOK, 5 May 2015 – The Minister of Industry is optimistic that Thailand’s steel industry will be prosperous after Japanese entrepreneurs have ensured that there will be no relocation of their steel production from Thailand and will even gear up further investment.
The Minister of Industry Chakramon Phasukavanich has revealed after holding a discussion with the committee chairman of the Daiki Aluminium Industry (Thailand) Takaaki Yamamoto, which is one of the biggest aluminum manufacturers of the world, that the company has assured to retain their production base in Thailand, adding that they will even be expanding the production capacity.
The Daiki Aluminium Industry has two factories in Thailand. The first is located in the Amata Nakorn Industrial Park in Chonburi, and the second factory in Amata City Industrial Park in Rayong. Both factories are responsible for aluminum recycling and melting.
The company is now increasing the production capacity at Rayong province to reach 200 tons per month from the existing 48 tons per month capacity within 2016, to support the growth of the automobile industry in Thailand.
The Daiki Aluminium Industry’s factory in Rayong has also been permitted by the Department of Industrial Works to perform the pilot projects on the use of leftover dregs from the aluminum melting process as an ingredient for the iron smelting process. This would help reduce the iron smelting factories’ energy consumption by 8 percent while increasing productions by 1.5 percent.
This new method is also expected to reduce harmful waste and increase competitiveness, as well as proceeding in keep with the government’s industrial waste management strategy.
