Thailand, once again revealing her full potential, has set to host VICTAM ASIA 2010 Fair, a world-class event for feed industry for both aquatic animals and pet animals, as well as cereal industry, said to be the largest in Southeast Asia and to be organized by VICTAM INTERNATIONAL, in cooperation with EXPOLINK GLOBAL NETWORK LTD. , following the country’s renown as the seat of all actions, as well as great success found in VICTAM ASIA 2008, the event that generated the spending accounting for Thai Baht 1 billion; not to mention the other two large-scale events, namely, “FIAAP ASIA” and “GRAPAS ASIA,” both to be held for the best value of all feedstuff’s superior quality between the third and the fifth of March 2010 at Queen Sirikit National Convention Center. Over Thai Baht 2 billion is expected to be spent in these events by more than 150 world-renowned international feedstuff manufacturing companies and proprietors, as well as more than 20,000 visitors from all over the world.
Henk van de Bunt, General Manager for VICTAM INTERNATIONAL BV,an international corporate organizer from the Netherlands specializing in feed industry, has revealed that the company, having realized the great potential of Thailand as the center of feed industry events and fairs in Southeast Asian region, is set to organize “VICTAM ASIA 2010 Fair” between the 3rd and the 5th of March 2010 on over a 5,000 sq-m area at Queen Sirikit National Convention Center, where innovations and latest technologies pertaining to feed industry and international plant-processing industry, the latter of which ranges from raw material and ingredient procurement, manufacturing, technology, machinery, processing, storage and full-cycle logistics are to be exhibited. More than 150 proprietors and not lesser than 20,000 visitors are expected to join the events.
VICTAM ASIA 2010 Fair, which is to be held next year, represents the sweetest fruition born of the warm welcome garnered at VICTAM 2008 Fair in which over 150 international companies from such countries as USA, UK, the Netherlands, Germany, China, Singapore, Malaysia, Thailand, etc., not to mention over 15,000 visitors from all over the world, are reported to have participated.
“Objectives for this event are to enhance the level of productivity and potential in trading pertaining to feed industry so that Thailand could become the seat of operation for the aforementioned industrial discipline within Asian region; the company trusts that this event to be held next year will foster economic growth in Thai feed industry at large, as well as serving as the global stage for business negotiations for all participants, both Thai and foreign, all the more allowing for the exchange of ideas, knowledge and technologies pertaining to the industry among them,” said the General Manager.
Mr. Phusit Sasitaranondha, Managing Director, EXPOLINK GLOBAL NETWORK LTD., which is VITAM ASIA 2010 project manager, has revealed that highlights and features to be included in this upcoming event are comprised of latest technologies and brand-new innovations pertaining to feedstuff for both aquatic animals and pet animals, ingredient-related industry, food animal factory and plant, cereal & wholegrain processing, storage process, as well as logistics and transportation, all the more processing and recycling technologies to be used as alternate power and energy. More so to be included here are the related systems, industrial equipments and tools used in monitoring, controlling, and maintaining safety criteria, as well as dust explosion, not to mention many interesting seminars including those from Department of Livestock Development, Department of Fishery, Agriculturist Market, and Thailand Rice Mill Association.
“In addition to VICTAM ASIA 2010, there are the other two events of great interest: 1) “Feed Ingredients & Additives Asia Pacific 2010 (FIAAP ASIA),” where feed ingredients of superior quality and great additives are to be met, along with feed formulas and the likes; 2) “GRAPAS ASIA,” which represents another activity of great interest for Thailand since it mainly involves exhibitions and conferences regarding milling, as well as others including noodle manufacturing industry, cereal manufacturing industry, and cereal-made snacks and the likes,” said Mr. Phusit.
Thursday, November 19, 2009
Wednesday, November 4, 2009
Stanley Works buys rival Black & Decker
Stanley Works struck a deal to buy rival Black &Decker Corp for $3.46 billion in stock,combining a top hand tool maker and power tool maker to benefit from higher margins and cost savings.
The companies said the driving motivation of the deal is the $350 million in annualised cost savings as well as the improved finances of the more diversified company.
Our lines complement each other,Black & Decker chief executive Nolan Archibald said in an interview.From a product point of view and a geographic point of view we have an opportunity of putting these two organisations together and coming up with significant cost savings.
Black & Decker shareholders will receive 1.275 Stanley shares about $57.56 at Mondays close for each Black & Decker share they own, representing a premium of 22% over Black & Deckers Monday close of $47.34. Stanley shareholders will own about 50.5% of the combined company, with Black & Decker shareholders owning the rest.
Stanley chief executive John Lundgren said that cost savings would come from business unit and regional consolidation, corporate overhead cuts, and changes to manufacturing,distribution and purchasing practices.
He said job cuts would be modest.Certainly it will be less than 10%this is nothing draconian, Lundgren
said in an interview.
The CEOs said they did not expect anti-trust problems.While the two companies are both top tool makers, Black & Decker is focused on power tools while Stanley Works is a top hand tool maker.
Brian Sozzi, an analyst at Wall Street Strategies, said the deal makes strong sense.
A deal would help them get positioned ahead of the recovery in housing and the ultimate rebound in commodities, Sozzi said.
The deal is expected to add about $1 per share to the earnings of the combined company, Stanley Black &Decker, by the third year after closing.
The companies also expect about $1 billion in free cash flow from the com-bined businesses by the end of the third year.
With a billion dollars in cash flow,our combined business development team and a very full acquisition pipeline gives us the opportunity to continue to build the growth platforms that are out there, Lundgren said.
He said growth areas included security,engineered fastening, infrastructure and health care.
James Lucas, an analyst at Janney Montgomery Scott, said that Stanley has recently developed into a much stronger operating company than in years past and that expertise could create value at the Black & Decker brands as the companies move forward.
Stanley Works Lundgren will be CEO of the combined company, while Black & Deckers Archibald will be chairman for three years.
The companies said the driving motivation of the deal is the $350 million in annualised cost savings as well as the improved finances of the more diversified company.
Our lines complement each other,Black & Decker chief executive Nolan Archibald said in an interview.From a product point of view and a geographic point of view we have an opportunity of putting these two organisations together and coming up with significant cost savings.
Black & Decker shareholders will receive 1.275 Stanley shares about $57.56 at Mondays close for each Black & Decker share they own, representing a premium of 22% over Black & Deckers Monday close of $47.34. Stanley shareholders will own about 50.5% of the combined company, with Black & Decker shareholders owning the rest.
Stanley chief executive John Lundgren said that cost savings would come from business unit and regional consolidation, corporate overhead cuts, and changes to manufacturing,distribution and purchasing practices.
He said job cuts would be modest.Certainly it will be less than 10%this is nothing draconian, Lundgren
said in an interview.
The CEOs said they did not expect anti-trust problems.While the two companies are both top tool makers, Black & Decker is focused on power tools while Stanley Works is a top hand tool maker.
Brian Sozzi, an analyst at Wall Street Strategies, said the deal makes strong sense.
A deal would help them get positioned ahead of the recovery in housing and the ultimate rebound in commodities, Sozzi said.
The deal is expected to add about $1 per share to the earnings of the combined company, Stanley Black &Decker, by the third year after closing.
The companies also expect about $1 billion in free cash flow from the com-bined businesses by the end of the third year.
With a billion dollars in cash flow,our combined business development team and a very full acquisition pipeline gives us the opportunity to continue to build the growth platforms that are out there, Lundgren said.
He said growth areas included security,engineered fastening, infrastructure and health care.
James Lucas, an analyst at Janney Montgomery Scott, said that Stanley has recently developed into a much stronger operating company than in years past and that expertise could create value at the Black & Decker brands as the companies move forward.
Stanley Works Lundgren will be CEO of the combined company, while Black & Deckers Archibald will be chairman for three years.
Wednesday, October 28, 2009
Bosch confident of outstripping rivals
German power-tools manufacturer Bosch is confident its operations in Thailand and Asia Pacific will this year grow at three times the industry average.
The firm's power-tool business growth would be at least last year's 12%, said Klaus Thunig, vice-president of Bosch Power Tools Asia Pacific.
The company's current growth rate is three times the Asia-Pacific market's of about 4% to 1.3 billion.The 2-billion North America market plunged deepest, by 10% last year, while Europe, the world's largest portable electric power tools market, dropped by 3%to a market value of 3.9 billion."Our strategy is innovation. If the market does not grow, you need to convince users to invest and benefit from innovations. We will keep up investment on research and development, upgrading plants and marketing," said Mr Thunig.
Products launched in the last two years now provide 35% of Bosch's sales.
Latin America's power-tools market,one of the smallest, surged by 18% to
500,000, while that in the Middle East and Africa rose by 4% to 400,000.Bosch last year recorded global sales for power tool products of 3.15 billion,a 3.3% year-on-year increase. Latin America grew 20%, Asia-Pacific 12%,Europe 5% and North America -12%.
The company this year targets 7%growth for its Thai operations despite the fact the overall market shrank, said Chaiyaporn Ratanachetkul, general manager of Robert Bosch (Thailand).
The group has nearly 600 manufacturing sites in 37 countries and produces products ranging from parts for the automotive and industrial goods sectors to domestic power tools. It manufactures at 62 sites in the Asia-Pacific, most in China, followed by Japan and India.
While Thailand's construction sector shrank 17% in the second quarter, the company is confident of an economic rebound next year. It expects its local power-tools sales to grow by 10% in 2010, he said.
Bosch's product range includes Bosch Blue cordless drills and screwdrivers and Skil domestic power tools, accessories and measuring tools. Thai sales were 80% from Bosch Blue,10% from accessories, 8-9% from Skil and 1-2% from measuring tools, said Mr Chaiyaporn.
"The highest growth was Skil, which is up 50% from last year," he said. The company expects Skil products to grow by 82% year-on-year on 2009.
"Skil is priced 30% to 40% lower than Bosch Blue. We plan to expand sales channels into Tesco Lotus, where many Chinese brands are on the shelf. We're confident we can beat rivals with our after-sale services," he said.
"Bosch will raise its local market share by three to four percentage points from the current 30% with its Skil brand and lithium-ion rechargeable battery technology for cordless power tools, he said.
The firm's power-tool business growth would be at least last year's 12%, said Klaus Thunig, vice-president of Bosch Power Tools Asia Pacific.
The company's current growth rate is three times the Asia-Pacific market's of about 4% to 1.3 billion.The 2-billion North America market plunged deepest, by 10% last year, while Europe, the world's largest portable electric power tools market, dropped by 3%to a market value of 3.9 billion."Our strategy is innovation. If the market does not grow, you need to convince users to invest and benefit from innovations. We will keep up investment on research and development, upgrading plants and marketing," said Mr Thunig.
Products launched in the last two years now provide 35% of Bosch's sales.
Latin America's power-tools market,one of the smallest, surged by 18% to
500,000, while that in the Middle East and Africa rose by 4% to 400,000.Bosch last year recorded global sales for power tool products of 3.15 billion,a 3.3% year-on-year increase. Latin America grew 20%, Asia-Pacific 12%,Europe 5% and North America -12%.
The company this year targets 7%growth for its Thai operations despite the fact the overall market shrank, said Chaiyaporn Ratanachetkul, general manager of Robert Bosch (Thailand).
The group has nearly 600 manufacturing sites in 37 countries and produces products ranging from parts for the automotive and industrial goods sectors to domestic power tools. It manufactures at 62 sites in the Asia-Pacific, most in China, followed by Japan and India.
While Thailand's construction sector shrank 17% in the second quarter, the company is confident of an economic rebound next year. It expects its local power-tools sales to grow by 10% in 2010, he said.
Bosch's product range includes Bosch Blue cordless drills and screwdrivers and Skil domestic power tools, accessories and measuring tools. Thai sales were 80% from Bosch Blue,10% from accessories, 8-9% from Skil and 1-2% from measuring tools, said Mr Chaiyaporn.
"The highest growth was Skil, which is up 50% from last year," he said. The company expects Skil products to grow by 82% year-on-year on 2009.
"Skil is priced 30% to 40% lower than Bosch Blue. We plan to expand sales channels into Tesco Lotus, where many Chinese brands are on the shelf. We're confident we can beat rivals with our after-sale services," he said.
"Bosch will raise its local market share by three to four percentage points from the current 30% with its Skil brand and lithium-ion rechargeable battery technology for cordless power tools, he said.
Tuesday, September 8, 2009
I HAD NOTHING TO DO WITH CRACKDOWN, SAYS SOMCHAI
Former prime minister Somchai Wongsawat has denied that he ordered a violent crackdown on the People's Alliance for Democracy (PAD) on October 7 last year.
The National Anti-Corruption Commission (NACC) ruled on Monday that it would file criminal charges against Somchai, then deputy premier General Chavalit Yongchaiyut, national police chief General Patcharawat Wongsuwan as well as other high-ranking police officers for malfeasance and their involvement in the crackdown.
Two PAD protesters were killed and nearly 500 wounded when police fired teargas at them while they were protesting near Parliament and at the Metropolitan Police Bureau headquarters.
Holding up a document on the resolution of a special Cabinet meeting on October 6 last year, Somchai said yesterday that Chavalit was the one given the responsibility of maintaining law and order after the PAD blocked the Parliament with the intention of obstructing the government's delivery of policies.
He said the Cabinet did not order the use of violence to disperse demonstrators and that the police were just carrying out their duty in maintaining law and order.
While the Parliament was besieged by PAD, Somchai called a special Cabinet meeting on October 6 at which it was resolved the police should help members of Parliament as well as members of the Lower House and Senate enter the building so the policy package could be presented as scheduled.
Somchai told a press conference yesterday at the Pheu Thai Party headquarters that he believed the police and government officials on duty that day should be rewarded for a job well done rather than being punished.
If there are similar incidents in the future, he said, the police would do nothing because they might be afraid of facing disciplinary charges later.
As for the people wounded during the incident, the former premier said he wanted the cases to be further investigated to see how exactly they were injured.
Somchai stressed that he had not given the police specific instructions on dealing with the protesters because his government was far too preoccupied with presenting its policy to Parliament before taking full control of the administration.
The former PM said he was not denying his responsibility but wanted to present the truth, and that he would gather documents and information to clarify his defence and fight against his accusers.
The NACC should investigate the crackdown against the red-shirted Democratic Alliance against Dictatorship during Songkran last year when military personnel and guns were used, but he added, no guns had been used in the crackdown on the PAD protesters.
Somchai said he felt sorry for Patcharawat because he was facing criminal and disciplinary charges.
The National Anti-Corruption Commission (NACC) ruled on Monday that it would file criminal charges against Somchai, then deputy premier General Chavalit Yongchaiyut, national police chief General Patcharawat Wongsuwan as well as other high-ranking police officers for malfeasance and their involvement in the crackdown.
Two PAD protesters were killed and nearly 500 wounded when police fired teargas at them while they were protesting near Parliament and at the Metropolitan Police Bureau headquarters.
Holding up a document on the resolution of a special Cabinet meeting on October 6 last year, Somchai said yesterday that Chavalit was the one given the responsibility of maintaining law and order after the PAD blocked the Parliament with the intention of obstructing the government's delivery of policies.
He said the Cabinet did not order the use of violence to disperse demonstrators and that the police were just carrying out their duty in maintaining law and order.
While the Parliament was besieged by PAD, Somchai called a special Cabinet meeting on October 6 at which it was resolved the police should help members of Parliament as well as members of the Lower House and Senate enter the building so the policy package could be presented as scheduled.
Somchai told a press conference yesterday at the Pheu Thai Party headquarters that he believed the police and government officials on duty that day should be rewarded for a job well done rather than being punished.
If there are similar incidents in the future, he said, the police would do nothing because they might be afraid of facing disciplinary charges later.
As for the people wounded during the incident, the former premier said he wanted the cases to be further investigated to see how exactly they were injured.
Somchai stressed that he had not given the police specific instructions on dealing with the protesters because his government was far too preoccupied with presenting its policy to Parliament before taking full control of the administration.
The former PM said he was not denying his responsibility but wanted to present the truth, and that he would gather documents and information to clarify his defence and fight against his accusers.
The NACC should investigate the crackdown against the red-shirted Democratic Alliance against Dictatorship during Songkran last year when military personnel and guns were used, but he added, no guns had been used in the crackdown on the PAD protesters.
Somchai said he felt sorry for Patcharawat because he was facing criminal and disciplinary charges.
Thursday, September 3, 2009
CP pours Bt3 bn into Vietnam
The Charoen Pokphand Group has invested Bt3 billion for setting up a new integrated food production plant in Binh Doung, Vietnam, as part of its strategy to penetrate overseas markets. Sarasin Viraphol, the group's vice chairman, said the investment plan will include feed mill, integrated chicken business from farm to processed foods.
In the beginning, the production will cater to the domestic market. Exports will be considered later.
"Food production in the country has a bright future as CP Group has advanced technology for food safety standards compared with local investors," Sarasin said.
The company said the feed mill's production capacity will achieve 600,000 tonnes per year.
Meanwhile, pursuing its strategy of penetrating the Middle East market, the company has set up a special committee to study the possibility to increase exports to the region.
Sarasin said economies of countries in the Middle East will grow considerably as oil prices go up.
The market will have higher demand for food. The company aims to export fresh chicken, shrimp, and eggs to the market, he said.
It is expected that the feasibility study will be completed in a few months so that the firm can promptly start exporting many food products to the market.
So far, the company has signed a farming contract with Bahrain for supplying food products, he added.
Meanwhile, Charoen Pokphand Engineering will launch an innovative palm extraction dry-processed machine for farmers.
Nared Chin-Inmanu, assistant vice president of the company, said that it will be the first machine that has high efficiency to extract palm fruits with a lower percentage of crude palm-oil loss. The machine will be sold for Bt4.5 million with a production capacity of 1.5 tonnes of palm fruits per hour. The firm is expected to sell about 10 machines this year.
Nared said that the higher oil price will encourage farmers to grow more palm fruits next year. The plantation area for palm fruits will increase from 3 million rai to 3.5 million rai next year.
The new palm-oil extraction machinery will help promote the growth of the alternative fuel industry, he said.
In the beginning, the production will cater to the domestic market. Exports will be considered later.
"Food production in the country has a bright future as CP Group has advanced technology for food safety standards compared with local investors," Sarasin said.
The company said the feed mill's production capacity will achieve 600,000 tonnes per year.
Meanwhile, pursuing its strategy of penetrating the Middle East market, the company has set up a special committee to study the possibility to increase exports to the region.
Sarasin said economies of countries in the Middle East will grow considerably as oil prices go up.
The market will have higher demand for food. The company aims to export fresh chicken, shrimp, and eggs to the market, he said.
It is expected that the feasibility study will be completed in a few months so that the firm can promptly start exporting many food products to the market.
So far, the company has signed a farming contract with Bahrain for supplying food products, he added.
Meanwhile, Charoen Pokphand Engineering will launch an innovative palm extraction dry-processed machine for farmers.
Nared Chin-Inmanu, assistant vice president of the company, said that it will be the first machine that has high efficiency to extract palm fruits with a lower percentage of crude palm-oil loss. The machine will be sold for Bt4.5 million with a production capacity of 1.5 tonnes of palm fruits per hour. The firm is expected to sell about 10 machines this year.
Nared said that the higher oil price will encourage farmers to grow more palm fruits next year. The plantation area for palm fruits will increase from 3 million rai to 3.5 million rai next year.
The new palm-oil extraction machinery will help promote the growth of the alternative fuel industry, he said.
Tuesday, September 1, 2009
Upbeat Hana unveils investment
Hana Microelectronics will invest US$10 million (Bt340 million) to purchase new machines for testing and tracing IC packaging and also plans to spend around Bt120 million purchasing new lands for capacity expansion.
Vice chairman Issra Sivakul said yesterday that the investment budget for machinery purchase at its Ayutthaya plant is to increase the ability of IC packaging in line with a rebound in demand.
He said the company will also look for a land plot to construct a new plant for manufacturing microelectronics products. The production capacity at its Lamphun plant is nearly full. The company is preparing to expand production capacity.
"We have set a budget of Bt120 million for purchasing land. The location will be near the existing plant in Lamphun," he added.
Microelectronic products represent 50 per cent of total capacity.
The company also plans to move all production lines in Bangkok to Lamphun and Ayutthaya after the rental contract in Bangkok expires in the next two year, he said.
The production lines in Bangkok are custom products group division, light emitting diodes, auto light emitting diodes and hybrid devices.
Issara said the recession in the electronics industry may be over and the performance of Hana in the second half would be better than the first half as orders start to pour in.
However, its revenue and profit would not be comparable with its achievement two years ago because the current economic trend had forced manufacturers to reduce prices to secure market share and woo more clients.
Hana posted its highest profit of Bt2.44 billion in 2007. He said the company had adjusted its strategy to cope with the current economy by reducing prices, increasing productivity by 10 per cent in each plant and controlling costs.
"Earlier, the company had forecast that its revenue will drop by 30 per cent year on year but with our strategies, we believe our revenue this year would drop only 20 per cent," he said.
Hana recorded revenue of Bt15.51 billion last year.
Vice chairman Issra Sivakul said yesterday that the investment budget for machinery purchase at its Ayutthaya plant is to increase the ability of IC packaging in line with a rebound in demand.
He said the company will also look for a land plot to construct a new plant for manufacturing microelectronics products. The production capacity at its Lamphun plant is nearly full. The company is preparing to expand production capacity.
"We have set a budget of Bt120 million for purchasing land. The location will be near the existing plant in Lamphun," he added.
Microelectronic products represent 50 per cent of total capacity.
The company also plans to move all production lines in Bangkok to Lamphun and Ayutthaya after the rental contract in Bangkok expires in the next two year, he said.
The production lines in Bangkok are custom products group division, light emitting diodes, auto light emitting diodes and hybrid devices.
Issara said the recession in the electronics industry may be over and the performance of Hana in the second half would be better than the first half as orders start to pour in.
However, its revenue and profit would not be comparable with its achievement two years ago because the current economic trend had forced manufacturers to reduce prices to secure market share and woo more clients.
Hana posted its highest profit of Bt2.44 billion in 2007. He said the company had adjusted its strategy to cope with the current economy by reducing prices, increasing productivity by 10 per cent in each plant and controlling costs.
"Earlier, the company had forecast that its revenue will drop by 30 per cent year on year but with our strategies, we believe our revenue this year would drop only 20 per cent," he said.
Hana recorded revenue of Bt15.51 billion last year.
Tuesday, August 18, 2009
Agilent Tech buys Varian
Agilent Technologies Inc, which makes electronic testing equipment, said it would buy Varian Inc for $1.5 billion in cash to bolster its fast-growing bioanalytical measurement business. Varian specialises in instruments to measure biological and physical properties.
Agilent said it would pay $52 a share,which is a 35% premium to Varian's closing share price on Friday. The boards of both sides have approved the deal,the companies said on Monday.
Analysts said Agilent has long wanted to expand its bioanalytical measurement business, which accounted for about 46% of revenue in the second quarter.The segment has a higher profit margin and is a more stable business than the increasingly commoditised electronic measurement business that now accounts for more than half of Agilent's revenue.
The acquisition of Varian will bump bioanalytical measurement to about 55%of Agilent's revenue and there is room for cost cuts to boost profit growth."These two factors justify the price,"analysts said.
The company expects regulators to approve the deal before the end of the year. Once completed, the transaction would likely result in $75 million in annual savings, it said.
Agilent competes with PerkinElmer Inc, Thermo Fisher Scientific Inc, Waters Corp, and Life Technologies Corp in the bioanalytical business.
"Varian can help Agilent expand product offerings in the life sciences, environmental, energy and materials sectors,and help it enter new markets, including nuclear magnetic resonance imaging and atomic and molecular spectroscopy.
"While we continue to be a world leader in electronic measurement, our biggest opportunities for future growth are in bioanalytical measurement,"Agilent chief executive Bill Sullivan said in a statement.
Agilent said it would pay $52 a share,which is a 35% premium to Varian's closing share price on Friday. The boards of both sides have approved the deal,the companies said on Monday.
Analysts said Agilent has long wanted to expand its bioanalytical measurement business, which accounted for about 46% of revenue in the second quarter.The segment has a higher profit margin and is a more stable business than the increasingly commoditised electronic measurement business that now accounts for more than half of Agilent's revenue.
The acquisition of Varian will bump bioanalytical measurement to about 55%of Agilent's revenue and there is room for cost cuts to boost profit growth."These two factors justify the price,"analysts said.
The company expects regulators to approve the deal before the end of the year. Once completed, the transaction would likely result in $75 million in annual savings, it said.
Agilent competes with PerkinElmer Inc, Thermo Fisher Scientific Inc, Waters Corp, and Life Technologies Corp in the bioanalytical business.
"Varian can help Agilent expand product offerings in the life sciences, environmental, energy and materials sectors,and help it enter new markets, including nuclear magnetic resonance imaging and atomic and molecular spectroscopy.
"While we continue to be a world leader in electronic measurement, our biggest opportunities for future growth are in bioanalytical measurement,"Agilent chief executive Bill Sullivan said in a statement.
Made-in-China foodstuff processing & packaging machinery will spotlight the 6th CAEXPO
Thai enterprises will find a good showcase of the made-in-China foodstuff processing & packaging machinery at the upcoming 6th China-ASEAN Expo (CAEXPO).
Business pre-matching services will be provided by the CAEXPO Secretariat for the Thai enterprises with their Chinese counterparts.
The 6th CAEXPO, to be held on October 20-24, 2009 will, a usual, set up the Foodstuff Processing & Packaging Machinery Section with 190 booths, for showchinery Section with 190 booths, for showcasing those made-in-China products that are prevailing the Thailand market, which will create more business opportunities for the enterprises.
All the booths in this Section have been reserved. On display will include slaughter machinery, beverage machinery, juice machines, cooking & hot drink machines, refrigerators, sorting machines, drying machines, filtration & purification machines, blow molding machines, plastic injection machines, labeling machines, coding machines, filling machines and shrink packaging machines, etc.
Chinese leading enterprises will join the 6th CAEXPO as exhibitors, including Jarvis Machinery Manufacturing Beijing Corporation, Shanghai Precise Light Industry Equipment Co.,Ltd., Jin Rong Machinery Company and Zhangijagang Thongda Machinery Co., Ltd, etc.
Facing the current financial crisis, the Chinese government has introduced a series of incentives for the Chinese exhibiting enterprises in the CAEXPO. At the working meeting held in this April, the Ministry of Commerce of China (MOFCOM) requested that commercial departments of all Chinese provinces and municipalities should mobilize local leading enterprises to the upcoming 6th CAEXPO.
Besides, companies from Chinese Taipei will exhibit their products this year. With their economic and trade ties with Chinese Mainland becoming closer, Taiwan enterprises reconize the CAEXPO as an improtant platform for economic and trade collaboration, via which they could establish and expand business cooperation with ASEAN enterprises. Taiwan companies will use 20 booths in the Foodstuff Processing & Packaging Machinery Section, including NEW BONAFIDE MACHINERY CO., LTD LISKY INDUSTRIAL CO., LTD and YUAN JAAN STAINLESS STEEL INDUSTRIAL.CO.,LTD, etc.
Current booming foodstuff export of Thailand fosters the need for more imported packaging materials and equipment. The Chinese foodstuff processing & packaging machinery, given good quality, competitive price, efficient delivery and lower transportation fees, have found a ready market in Thailand. Strongly complementing with each other, Thailand and China enjoy huge potentials for cooperation in this regard.
The Foodstuff Processing & Packaging Machinery Section has scored a considerable economic out comes at the previous 5 CAEXPOs, with 433 exhibiting enterprises that used 734 booths and a total trade volume wroth USD115.83 million. Via the event, buyers from Thailand and other countries have established cooperation with their Chinese counterparts.
The CAEXPO Secretariat will provide business pre-matching service for each of the sourcing companies at the 6th CAEXPO, and during the fair period, various business promotion programs like sourcing conferences and mini0seminars will be arranged. Temporary direct chartered flights will also be open between Bangkok and Nanning during the 6th CAEXPO, and roundtrip flights will be avialable between Hong Kong/Guangzhou and Nanning (about 1 hour for one-way trip) to facilitate the participants of the China Import & Export Fair (Canton Fair) who wi8ll attend the 6th CAEXPO.
Business pre-matching services will be provided by the CAEXPO Secretariat for the Thai enterprises with their Chinese counterparts.
The 6th CAEXPO, to be held on October 20-24, 2009 will, a usual, set up the Foodstuff Processing & Packaging Machinery Section with 190 booths, for showchinery Section with 190 booths, for showcasing those made-in-China products that are prevailing the Thailand market, which will create more business opportunities for the enterprises.
All the booths in this Section have been reserved. On display will include slaughter machinery, beverage machinery, juice machines, cooking & hot drink machines, refrigerators, sorting machines, drying machines, filtration & purification machines, blow molding machines, plastic injection machines, labeling machines, coding machines, filling machines and shrink packaging machines, etc.
Chinese leading enterprises will join the 6th CAEXPO as exhibitors, including Jarvis Machinery Manufacturing Beijing Corporation, Shanghai Precise Light Industry Equipment Co.,Ltd., Jin Rong Machinery Company and Zhangijagang Thongda Machinery Co., Ltd, etc.
Facing the current financial crisis, the Chinese government has introduced a series of incentives for the Chinese exhibiting enterprises in the CAEXPO. At the working meeting held in this April, the Ministry of Commerce of China (MOFCOM) requested that commercial departments of all Chinese provinces and municipalities should mobilize local leading enterprises to the upcoming 6th CAEXPO.
Besides, companies from Chinese Taipei will exhibit their products this year. With their economic and trade ties with Chinese Mainland becoming closer, Taiwan enterprises reconize the CAEXPO as an improtant platform for economic and trade collaboration, via which they could establish and expand business cooperation with ASEAN enterprises. Taiwan companies will use 20 booths in the Foodstuff Processing & Packaging Machinery Section, including NEW BONAFIDE MACHINERY CO., LTD LISKY INDUSTRIAL CO., LTD and YUAN JAAN STAINLESS STEEL INDUSTRIAL.CO.,LTD, etc.
Current booming foodstuff export of Thailand fosters the need for more imported packaging materials and equipment. The Chinese foodstuff processing & packaging machinery, given good quality, competitive price, efficient delivery and lower transportation fees, have found a ready market in Thailand. Strongly complementing with each other, Thailand and China enjoy huge potentials for cooperation in this regard.
The Foodstuff Processing & Packaging Machinery Section has scored a considerable economic out comes at the previous 5 CAEXPOs, with 433 exhibiting enterprises that used 734 booths and a total trade volume wroth USD115.83 million. Via the event, buyers from Thailand and other countries have established cooperation with their Chinese counterparts.
The CAEXPO Secretariat will provide business pre-matching service for each of the sourcing companies at the 6th CAEXPO, and during the fair period, various business promotion programs like sourcing conferences and mini0seminars will be arranged. Temporary direct chartered flights will also be open between Bangkok and Nanning during the 6th CAEXPO, and roundtrip flights will be avialable between Hong Kong/Guangzhou and Nanning (about 1 hour for one-way trip) to facilitate the participants of the China Import & Export Fair (Canton Fair) who wi8ll attend the 6th CAEXPO.
Better machinery to help sharpen edge
A focus on machinery development for agriculture and processed agricultural products will help improve Thailand's competitiveness, according to Narong Warongkriengkrai, the director of the Thai-German Institute.
Developing locally made machinery to serve these industries would reduce the imports, promote exports and better serve local needs and conditions, he said.
"Thailand is an agricultural country so the development of machinery in this field will build solid support for our dominant agricultural industry," Mr Narong said.
The institute acts as a technology database and development centre to promote local technology development through repairing and reverse engineering of imported machinery, along with research and skills training.
The institute has already helped to develop machine tools and mould and die equipment to serve local electronic and plastic-injection industry. Over the past six years, it estimated that the programme had helped reduce the cost of machinery imports by 6.8 billion baht and raise export income by 4.6 billion.
Mr Narong said that improving the image of locally made machinery was a challenge as many businesses believed imported equipment was better.
"The institute is trying to build that trust in locally developed machinery,mainly through improving local labour skills. with better skill, local workers will be able to develop their own machinery that is best suited to local conditions,"he pointed out.
"Companies with these trained workers would then prefer to use local products, which their people understand better than imported ones, and their operations efficiency will be better," he said.
Damri Sukhotanang, the permanent secretary of the Industry Ministry, said the institute's role in improving labour skills over the past 10 years had brought some success. For example, an increasing number of technology companies from Taiwan and Korea now prefer to employ skilled workers from Thailand.
"This is a good opportunity for local skilled workers, yet it creates a worry that skilled people will all be working for foreign firms and leave local firms uncompetitive," Mr Damri said.
The institute has opened a 25-millionbaht technology centre in Rajamangala University of Technology Suvarnabhumi in Ayutthaya, where machining, mould and die technology and automation training is offered and equipment can be rented to local companies.
Developing locally made machinery to serve these industries would reduce the imports, promote exports and better serve local needs and conditions, he said.
"Thailand is an agricultural country so the development of machinery in this field will build solid support for our dominant agricultural industry," Mr Narong said.
The institute acts as a technology database and development centre to promote local technology development through repairing and reverse engineering of imported machinery, along with research and skills training.
The institute has already helped to develop machine tools and mould and die equipment to serve local electronic and plastic-injection industry. Over the past six years, it estimated that the programme had helped reduce the cost of machinery imports by 6.8 billion baht and raise export income by 4.6 billion.
Mr Narong said that improving the image of locally made machinery was a challenge as many businesses believed imported equipment was better.
"The institute is trying to build that trust in locally developed machinery,mainly through improving local labour skills. with better skill, local workers will be able to develop their own machinery that is best suited to local conditions,"he pointed out.
"Companies with these trained workers would then prefer to use local products, which their people understand better than imported ones, and their operations efficiency will be better," he said.
Damri Sukhotanang, the permanent secretary of the Industry Ministry, said the institute's role in improving labour skills over the past 10 years had brought some success. For example, an increasing number of technology companies from Taiwan and Korea now prefer to employ skilled workers from Thailand.
"This is a good opportunity for local skilled workers, yet it creates a worry that skilled people will all be working for foreign firms and leave local firms uncompetitive," Mr Damri said.
The institute has opened a 25-millionbaht technology centre in Rajamangala University of Technology Suvarnabhumi in Ayutthaya, where machining, mould and die technology and automation training is offered and equipment can be rented to local companies.
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