• 
• 

Published on August 11, 2007

It will compare the Kingdom's competitiveness with that of China, Japan, Taiwan, South Korea and Malaysia.

Director-general Atchaka Sibunruang Brimble said the project aimed to boost the industry's competitiveness and maintain its Bt300-billion-per-year share in the global market.

She said the research project would also study each country's technology and strategy to add more value to products.

This project is expected to be completed this year, she added.

Paint R&D

Nippon Paint is opening new research and development sites in China and Thailand to enable it to more quickly meet local demand and thereby boost Asian sales by 60 per cent to US$1.26 billion (Bt42.8 billion) in fiscal 2010, according to Nikkei.

Nikkei reported that the company has secured 500 square meters at its plant in Shanghai and is spending some 300 million yen (Bt1.2 billion) to set up the new R&D site there.

The Chinese centre will conduct basic research into resins, while the Thai plant will focus on developing low-cost automotive paints.