Twenty years ago, in order to utilize Thailand’s abundant resources to drive the country’s industrial development, we had decided to diversify from our core business into the Plastics business sector. In doing so, a joint venture company, Vinythai Public Company Ltd. was formed back in 1988.
With such upstream operation as the backbone support, a decision was made then to further expand its petrochemical product line into the productions of plastic goods. Thus led to a number of new downstream converting operations establishment in supplying PVC, PE & PP products such as rigid films and food packaging bag for the domestic and international markets.
Although the economic recession hit during the mid-90s after the startup in this new business segment, the solid business foundation built enabled all of the petrochemical operations to overcome the difficulties and further expand its business locally and abroad, while also earning worldwide international standard recognition certifications such as the ISO, GMP, WRAP, etc.
Today we have altogether 11 operations throughout Thailand, Vietnam, Indonesia, and China forming the Plastics Business Group of Business and supplying plastic products of various categories globally. Our standpoint today undoubtedly demonstrates the capability of this group of operations to further grow the market, as well as, meet the growing market opportunities.
Over 10 years of experience in overcoming all difficult challenges, the operations are now strong and are moving towards becoming a Public company. I am confident to see such move in enhancing more business values to this group of operations.
