SET Announcements
14 September 1999
NCREASES GLASS-CONTAINER MENUFACTURING CAPABILTY
Press Release
BERLI JUCKER TO INCREASE GLASS-CONTAINER
MANUFACTURING CAPABILITY BY 36,000 TONNES A YEAR
Berli Jucker Public Co. Ltd. announced today that it will spend THB
400 million over the next eight months to increase its glass-container
manufacturing capability by 36,000 tonnes per year and to rebuild
certain furnaces.
The expansion, which will be undertaken by the Company's Thai Glass
Industries subsidiary will enable Berli Jucker to expand production to
meet growing demand within Thailand's recovering economy.
The expansion and re-building of glass furnaces will be funded from
internal resources.
In order to support committed expansion plans on the part of major
customers, the Group is also evaluating a third production location, in
addition to its existing facilities at Bangplee and Rajburana, which
would have initial annual capacity of 150,000 tonnes. A final decision
regarding this site, which will require capital investment of Baht 2
billion, should be made by the end of 1999.
Berli Jucker's President and CEO, David J. Nicol, commented: "As
Thailand's leading independent supplier of glass containers, we need to
have capacity and service that our customers can rely on. At present we
are capacity constrained in a number of areas.
During the recent economic downturn, some customers and competitors
have not fared well while others have achieved considerable success.
This latter group have provided good volumes for our business and we
must in turn ensure that all customers can continue with developing their
business free of concerns about container availability.
Press Release - page 2
The structure of the glass container industry in Thailand is not perfect
and I am aware of some surplus capacity in other companies. The issue
of expansion for us at this time therefore does carry some risks but I am
confident in our customers and in our service and value proposition.
Khun Phornchai Athikhomkulchai, responsible for marketing and
customer relationships for the Group's glass business added, "the
immediately committed expansion is in connection with customer
specific projects".
September 13, 1999
For further information, please contact:
David J. Nicol
President & CEO
Berli Jucker Public Company Limited
Tel: 367-1024; E-mail: davidnicol@berlijucker.co.th
Phornchai Athikhomkulchai
Executive Vice President
Berli Jucker Public Company Limited
Tel: 367-1014; E-mail: phornchai@berlijucker.co.th
Prasert Maekwatana
Managing Director
Thai Glass Industries Public Company Limited
Tel: 427-0060; E-mail: prasert@tgi.berlijucker.co.th



