THAILAND: Boon Rawd Brewery Co to invest US$518m in extra output - report
Boon Rawd Brewery Co wants to increase its beer output
Singha maker Boon Rawd Brewery Co is to invest THB16bn (US$518m) in a new brewery and upgrading an existing facility, according to local reports.
The extra production capacity will target domestic growth, the Bangkok Post said today (18 September), quoting Boon Rawd executive VP Palit Bhirom-Bhakdi.
The company will spend THB6bn on installing new equipment at its Nakom Pathom plant outside Bangkok, increasing output from 280m litres to 1bn, the Post said. The remaining THB10bn will be used to build the company's fourth brewery in Prachin Buri or Ratchaburi provinces, it said. Output will be 120m litres after the first phase of building.
"We are looking at brand-building, with an eye to the AEC (Asean Economic Community) in 2015," Mr Palit was quoted as saying.
Thailand's brewers are facing increased domestic competition from foreign companies looking for a share of the country's growing alcohol sales. Earlier this year, China's Tsingtao Breweries announced it will build a brewery in Thailand with the local Namyong Group.
A Boon Rawd spokesperson declined to confirm the report.
- Why Scotch must drop the 'malts good, blends bad'
- Pernod Ricard's Q3 2017 trading update - Preview
- Heineken Q1 2017 by region - results data
- Pernod's mood darkens over India - Analysis
- Remy Cointreau Fiscal-2017 sales - results data
- Diageo to cut 105 jobs in Scotland, 50 in Italy
- Scotch sales set to soar, despite recent struggles
- TWE's Beringer Main & Vine Dry Rosé - NPD
- Edrington shifts innovation to US in shake-up
- Pernod Ricard posts solid YTD sales jump - results
- Global Champagne and sparkling wine insights - market forecasts, product innovation and consumer trends
- Global Scotch insights - market forecasts, product innovation and consumer trends
- Battle of the Generations - The fight for iGen, Millennial, Gen X and Baby Boomer consumers
- Myanmar - ISA Country Report
- Flavoured Powder Drinks in 2017: Confronting an Ageing World