Indian Investor Purchases Land at Hemaraj Eastern Seaboard Industrial Estate

M/S Chemintac S.A. Thailand, a subsidiary of Chemintac S.a (Europe) and Marketing agents for India-based Golcha Group, recently signed a contract with Hemaraj Land And Development Plc. to purchase 5 rai of land at Hemaraj Eastern Seaboard Industrial Estate.

The company plans to produce 36,000 metric tonnes per year of Talc and other minerals for the cosmetics, paper, ceramic, paints and plastic industries. Of this, 70-80% will be used in the Thai market mainly supplied to leading talcum powder brands in Thailand while 20-30% will be slated for export.

In the picture: Mr. David Nardone, (3rd from right) President & CEO of Hemaraj Land And Development Plc. presents the land purchase contract to Mr. Abhimanyu Golcha (3rd from left), Director of Golcha Group, while Mr. Vivat Jiratikarnsakul (2nd from right), Executive Vice President of Hemaraj Land And Development Plc., Mr. Sunil Saxena (2nd from left), General Manager of Golcha group and Ms. Vandana Ahuja (left), Chief Executive Officer of M/S Chemintac S.A Thailand, look on.