Thai blow molding machine maker to double capacity

By Steve Toloken
News Editor / International

Published: October 29, 2012 6:00 am ET

Related to this story

Topics Blow Molding, Machinery

HO CHI MINH CITY, VIETNAM (Oct. 29, 1:05 p.m. ET) — Thai blow molding machinery maker SMC Corp. Ltd. is spending 40 million euros ($51.7 million) on an expansion that will roughly double its capacity, reflecting what it said was demand from increasing population and economic growth in Southeast Asia and other emerging markets.

The Bangkok-based company, which is Thailand’s largest machinery maker and one of the largest blow molding equipment suppliers in Asia, is seeing growth in the mid-market segments that it specializes in, said Renato Lao, sales and marketing manager.

The company expects to complete the expansion of its main factory site in Kanchanaburi, Thailand, in January, he said.

The mid-market growth is coming both from customers in developed markets like Western Europe looking for lower-cost options, and from newer markets like South America and the Middle East where companies want to upgrade their production, he said.

“We are lucky that we have played in the middle market,” said Lao, in an interview at the VietnamPlas show, held Oct. 24-27 in Ho Chi Minh City. “I think we are catching up on both sides.”

The company makes about 120 extrusion blow molding and injection blow molding machines a year, and has seen its average machine sizes become larger in recent years as its customers want to produce more bottles per machine, he said.

That need for efficiency in bottle production reflects economic growth and rising consumption, and has also meant the firm has tripled revenues in the last eight years, because the bigger machines carrying a higher price tag, he said.

He declined to disclose company sales.

SMC’s largest markets are still in Southeast Asia, including Thailand, Indonesia and Malaysia, but it is seeing more interest from the Americas and Middle East, he said.


Comments

Thai blow molding machine maker to double capacity

By Steve Toloken
News Editor / International

Published: October 29, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Newell Rubbermaid expanding production, employment in Kansas

March 3, 2015 3:31 pm ET

Newell Rubbermaid Inc. is expanding and extending plastics molding technologies at its Winfield, Kan., manufacturing plant and distribution center.    More

Image

Western Case grows with investments in infrastructure and equipment

February 27, 2015 5:56 pm ET

RIVERSIDE, CALIF. — Blow molder Western Case Inc. has invested significantly in infrastructure and equipment while relocating and raising the...    More

Image

West Coast ports dispute impacts machinery imports

February 27, 2015 5:00 pm ET

Asian machinery companies got caught in the West Coast ports labor dispute — causing some headaches to get equipment ready for NPE 2015.    More

Image

Wittmann, Illig among machinery firms boosting investments in India

February 27, 2015 1:34 pm ET

GANDHINAGAR, INDIA — Expected growth in the Indian plastics market is leading several global machinery firms to make investments there,...    More

Image

Plastic Omnium makes China investment push

February 26, 2015 4:35 pm ET

Three of the six new plants that automotive molder Plastic Omnium SA plans this year will be in China, part of a broader push it’s making in Asi...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events