BANGKOK, Sept 28 (TNA) — Big companies plan to invest about 6 billion baht in building a rubber glove factory at the Rubber City industrial estate in Songkhla province, which will consume about 40,000 tons of natural rubber yearly.
Somchint Pilouk, governor of the Industrial Estate Authority of Thailand (IEAT), said IEAT signed a contract to lease out 83 rai of land in the Rubber City in Chalung sub-district of Hat Yai district to Singhaseni Group.
The group has a joint venture with Atgenes Global Link Co to build the plant that will start operation next April and source 43,200 tons of natural rubber a year from Songkhla and nearby provinces. The project would help raise the prices of natural rubber in the South, Ms Somchint said.
Apart from the plant, the joint venture company will set up a center for standard certification of rubber gloves and will jointly develop antimicrobial rubber gloves with Prince of Songkla University.
“The rubber glove plant will cost an investment of 5.99 billion baht and employ about 2,000 people. It responds to the government’s policies to support industrialists in using natural rubber, develop national economy and create jobs as the COVID-19 crisis is being alleviated,” Ms Somchint said. (TNA)