ADB good sign for every business Government projects to support the balance

Thunhoon – ADB signaled a bright direction in the 1st quarter of 2014, growing all business groups Plastic pellets, compounded wires, supported by government projects Stock up on orders waiting for delivery. As medical plastics benefit from COVID-19 Currently, the production capacity is almost 100%, hinting that it is in the process of negotiating with Japanese partners to expand the business.

Ms. Pornpiwan Niramoncherdchay, Managing Director of Applied DB Public Company Limited or ADB, is a manufacturer and distributor of plastic compound products. industrial glue and sealants revealed that the business outlook for the first quarter of 2021 has grown quite well from all business groups.

In the group of plastic pellets, compounds, wire groups Utilities And contractors are still growing in the direction of the budget from the government. from both the above-ground and underground cable installation projects The government will have a budget since the end of the year. month around September causing the company to see the direction of orders (orders) from customers already at the end of last year Currently, the company has orders on hand waiting for delivery for 1 quarter, which is an advance order from customers.

Medicine in a good direction

While the group of plastic granules for medical purposes or Medical Grade PVC Compound, which is a plastic pellet used in the medical device industry such as blood bags, medical gloves, syringes have a good growth rate The current production capacity is almost 100%. However, the medical plastics group has grown quite well. Before the Covid-19 Crisis

Currently, the situation with COVID-19 has begun. happened in the country again causing companies to look for channels to drive growth or expanding the base of the medical plastics group The company will have to negotiate with Japanese partners before having any future guidelines.

Business segment of adhesive and sealant products The company’s adhesive products are both manufacturer (OEM) and sold through agents in the past, may be somewhat stable. This was partly due to the slowdown in exports. However, it’s important to run every business. The next group is raw materials. because the price has increased high and may affect the production cost of the product However, the company will continuously monitor raw material prices. and negotiate with customers in advance to adjust the selling price in accordance with the cost price.

Follow the plan

However, the company continues to move forward with the business as planned. to drive growth or total income increased by at least 10%, or had revenues of 1.5-1.6 billion baht from 2020, which was 1.38 billion baht, even though each quarter had obstacles But the company will try to drive growth to meet the goals.

Ms. Pornpiwan continued that the plan to cooperate with foreign partners To break the line of cosmetic business (Cosmetic), which is not the main business that the company is doing. Currently in negotiations with partners to get a conclusion and see clarity within this year The operating model will cooperate with partners from Taiwan Which is the top cosmetic product distributor in the country and has more than 3,000 dealers to cooperate in producing export products for sale both in Thailand and abroad.