Hengtai Advanced Material (Thailand) concludes land purchase agreement at WHA Industrial Estate Rayong

Hengtai Advanced Material (Thailand) Company Limited, a Chinese manufacturer and distributor EVA plastic sheet and IXPE foam foundation sheets has recently finalized a land purchase agreement with WHA Industrial Development Public Company Limited. This agreement will see Hengtai build a new factory at WHA Industrial Estate Rayong, the latest industrial estate development by WHA in Eastern Economic Corridor (EEC) area. This expansion is driven by the increasing presence of Hengtai's supply chain partners in Thailand, highlighting the company's recognition of the region's market growth potential. The new factory, spanning over 26 Rai, it will be a new production base, the second largest outside of China and its first factory in Thailand, It will be dedicated to export production for the American and European markets.

Shown in photo: Ms. Ladda Rojanavilaivudh (left), Executive Vice President, Industrial Land & Building Customer Development, WHA Industrial Development PCL, and Mr. Chen Chunpin (center), President of Hengtai Advanced Material Material (Thailand) Co., Ltd. during the contract signing ceremony at WHA Tower.