• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Research
    • Markets & Technologies
    • Raw Materials
    • Top Companies
    • Directories
    • Jobs
    • Events
    • Microsites
    • More
  • Magazine
  • News
  • Research
  • Markets & Technologies
  • Raw Materials
  • Top Companies
  • Directories
  • Jobs
  • Events
  • Microsites
  • Current / Back Issues
    Features
    Columns
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    Top Features
    RadTech Exhibitor Showcase

    RadTech2018 Heads to Chicago

    Low and Zero VOC Coatings

    Overview of the Radcure Market

    Self-Sterilizing/DNA-Free Coatings In Space and On Earth
    Breaking News
    Online Exclusives
    Distributor News
    Financial News
    Paint & Coatings Manufacturer News
    People In the News
    Price Increases
    Product News
    Raw Materials & Equipment
    Suppliers News
    Live From Shows
    Top News
    PPG Releases ‘Paint is More Than Just Color’ Video

    AkzoNobel Art Foundation Finds 'Common Ground' with New Exhibition

    AkzoNobel Specialty Chemicals, INEOS Nitriles Sign Co-op Agreement to Expand Chelates Production

    The Green Chemistry & Commerce Council: 2018 Green & Bio-Based Chemistry Technology Showcase Winners

    MNYPIA Honors Shamrock Technologies' Joon Choo as 2018 Man of the Year
    Top Companies report
    Market Research
    White Papers / Tech Papers
    Product Spec Sheets
    Adhesives and Sealants
    Aerospace Coatings
    Architectural Coatings
    Automotive Coatings
    Automotive Refinish
    Business Operation
    Color Trends & Forecast
    Construction Chemicals
    Corrosion Control
    Industrial Coatings
    Laboratory Equipment
    Marine Coatings
    Market Trends & Forecast
    Powder Coatings
    Production Equipment
    Radcure Coatings
    Special Purpose Coatings
    Wood Coatings
    "Green" Coatings

    AkzoNobel Brings Awlgrip Yacht Coatings Range to Brazilian Customers

    PPG Launches MEASURECOLOR MOBILE Color-matching Tool in Europe

    Shamrock Technologies at ACS 2018

    Shamrock Technologies at ACS 2018

    PPG Announces Global Price Increase for Protective, Marine Coatings
    Additives
    Binders
    Pigments
    Solvents

    Shamrock Technologies at ACS 2018

    Shamrock Technologies at ACS 2018

    GMI: Composite Adhesives Market to Exceed 850 Kilo Tons Consumption by 2024

    DowDuPont Invests $100 Million to Expand Manufacturing Capacity

    Sun Chemical, DIC Corporation Increase DAILUBE Production Capacity at Kashima Plant
    Buyers Guide
    Company Capabilities
    Distributor Guide
    Add New Company
    International Buyers Guide Companies
    Chromaflo Technologies

    Hexion Inc.

    NETZSCH Premier Technologies

    Lonza

    Active Minerals International, LLC
    Industry Events
    Webinars
    Live From Show Event
    Top Events
    Advanced Coatings 2018

    RadTech 2018

    High Temperature Corrosion Mitigation in Energy Sectors Conference

    COATING OSAKA

    MNYCA Annual Meeting Tour & Dinner
    Companies
    White Papers/Tech Papers
    Product Spec Sheets
    Equipment
    Literature/Brochures
    Videos
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Directories
      • Buyers Guide
      • Distributor Guide
      • Corporate Capabilities
      • Trade Associations
      • Add Your Company
    • Markets & Technologies
      • Adhesives and Sealants
      • Aerospace Coatings
      • Architectural Coatings
      • Automotive Coatings
      • Automotive Refinish
      • Business Operation
      • Color Trends & Forecast
      • Construction Chemicals
      • Corrosion Control
      • Industrial Coatings
      • Laboratory Equipment
      • Marine Coatings
      • Market Trends & Forecast
      • Powder Coatings
      • Production Equipment
      • Radcure Coatings
      • Special Purpose Coatings
      • Wood Coatings
      • "Green" Coatings
    • Raw Materials
      • Additives
      • Binders
      • Pigments
      • Solvents
    • Research
      • Africa Report
      • China Report
      • Europe Report
      • Latin America Report
      • Market Research
      • Russian Report
    • Top Companies
    • Online Exclusives
    • Slideshows
    • Experts Opinions
    • Blog
    • Infographics
    • Videos
    • Podcasts
    • Whitepapers
    • Jobs
    • Microsites
      • Companies
      • White Papers/Tech Papers
      • Product Spec Sheets
      • Equipment
      • Literature/Brochures
      • Videos
    • Events
      • Industry Events
      • Live From Show Event
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Paint & Coatings Manufacturer News

    Thai Paint Maker Beger to Build Factory in Indonesia

    05.06.13
    Beger Company, a Thai maker and distributor of wood coatings and industrial paint products, plans to set up its first foreign plant in Indonesia in the next five years to tap demand there.

    Vice-president Worawat Chaiyosburana said the company is studying ways to set up its first factory abroad, with Indonesia offering great potential as Asean's biggest market. Beger will partner with Siam Cement Group, Thailand's top industrial conglomerate and which will provide sales channels for Beger products.

    With limited warehouse space, only 80%-90% of production capacity is being used even during peak periods, the copany reported. But the company plans to expand warehouse space and apply automation to improve efficiency, so the utilization rate should rise by 1.5 times. Plant expansion will start at year-end and conclude in 2015.

    Some 85% of Beger's customers are in the retail sector, 10% are in projects and 5% are international customers. Export markets include Cambodia, Laos, Myanmar, Malaysia and the Maldives.

    Once the Asean single market begins in 2016, exports are predicted to grow to 20% of the company's sales.

    "Even before the AEC takes place, potential in the foreign markets is quite high," said Worawat. "However, we want to grow at a slow pace and keep our image as a premium brand. Therefore, we'll take the time to select our business partners carefully."

    Beger's products include those in the medium and premium price ranges, with premium accounting for 60% of overall sales.

    Beger forecasts revenue growth of 20% this year from 4 billion baht last year.

    Worawat said the overall market for paint is expected to grow by 5-10% this year, up from 19 billion baht in 2012. "This is due to continued growth in the real estate sector, as all developers have ongoing projects, many of which can be found outside Bangkok," he said. "Meanwhile, consumer confidence, increased purchasing power and growing demand in the repainting market have contributed to the overall growth of the paint industry."

    Beger has a 20% share of the 19-billion-baht building paint market, second only to TOA, which dominates with 10 billion in sales.
    Related Searches
    • Wood Coatings
    Related Knowledge Center
    • Wood Coatings

    Related Paint & Coatings Manufacturer News

    • Architectural Coatings | Paint & Coatings Manufacturer News | Wood Coatings

      PPG's architectural paints recognized among the top ten coatings brands in China

      Three of PPG Industries' architectural paint brands recently won recognition in different categories of the 2011 China Top 10 Coatings Brands Awards. Sponsored by HC360.com and the HC Coating Network, the annual awards ceremony in Beijing marks t…
      09.18.12

    • Automotive Refinish | Industrial Coatings | Paint & Coatings Manufacturer News | Wood Coatings

      BASF sells its German and French decorative paints business Relius to Prosol

      BASF and Prosol Lacke + Farben GmbH signed a contract for the sale of the decorative paints business of Relius Coatings GmbH & Co. KG in Germany and Relius France SAS in France. The business encompasses construction paints and plaster as well as…
      08.17.12

    • Paint & Coatings Manufacturer News | Wood Coatings

      ICA incorporates Salchi Wood Coatings

      ICA, one of the leading industrial groups in Europe specializing in the manufacture and marketing of special coatings for wood, is reinforcing its competitiveness on the global market through the establishment of the new Italian coatings division, by…
      06.15.12


    • Paint & Coatings Manufacturer News | Wood Coatings

      Sansin wins NRHA's Whole Package Award for its innovative wood finishes and designs

      The Sansin Corporation has received the North American Retail Hardware Association's (NRHA) Best of Show top honor, the Whole Package Award. The Whole Package award, given at this year's National Hardware Show in Las Vegas, honors Sansin'…
      05.21.12

    • Paint & Coatings Manufacturer News | Wood Coatings

      Eco Building Products begins production of coated wood products from its latest Oregon plant

      Eco Building Products, Inc., (ECOB) has started to produce coated wood products in its newly commissioned coating facility in Salem, Ore., United States. This facility is located in the heart of the timber producing corridor and is approximately 30,0…
      01.23.12

    • Paint & Coatings Manufacturer News | Wood Coatings

      Eco Building Products to expand wood coating lines

      Eco Building Products, Inc., signed a five year lease to set up a mega coating facility in Salem, Ore., located in the heart of the timber producing corridor and is approximately 30,000 square feet located on a railway spur. The company plans to occu…
      11.07.11


    • Architectural Coatings | Business Operation | Paint & Coatings Manufacturer News | Wood Coatings

      PPG finalizes Dyrup purchase agreement

      PPG Industries has finalized the purchase agreement to acquire European coatings company Dyrup A/S, based in Copenhagen, Denmark, from its owner, Monberg & Thorsen, a public holding company. The final transaction value, including assumed debt, ha…
      10.19.11

    • Business Operation | Paint & Coatings Manufacturer News | Wood Coatings

      RPM Wood Finishes acquires Fuhr Industrial

      Waterborne wood coatings providers enhances RPM's CCI business.
      09.02.11

    • Paint & Coatings Manufacturer News | Wood Coatings
      Somerset selects PPG as coatings supplier for expanded Crossville plant

      Somerset selects PPG as coatings supplier for expanded Crossville plant

      PPG coatings to be used on U.S.-made engineered flooring.
      07.21.11


    • Paint & Coatings Manufacturer News | Wood Coatings

      Home Depot sued by California counties over VOC levels

      Suit says retail outlet sold paint with excess VOC levels and misled customers.
      07.12.11

    • Architectural Coatings | Business Operation | Paint & Coatings Manufacturer News | Wood Coatings

      PPG acquires Dyrup

      Boosts presence in European wood coatings market.
      05.05.11

    • Business Operation | Industrial Coatings | Paint & Coatings Manufacturer News | Wood Coatings

      Solrac Coatings (Jiaxing) Co., Ltd., becomes IKEAʼs official supplier

      IKEA, the Swedish international home products company and the world’s largest furniture retailer, recently added Solrac Coatings (Jiaxing) Co., Ltd. to its stable of liquid coatings suppliers, of which there are only ten worldwide. Based in the…
      03.15.11

    • Paint & Coatings Manufacturer News | Wood Coatings

      Valspar, Hirshfield Join Forces on Professional Wood Coatings

      Hirshfield will distribute Valspar's complete line of wood coatings.
      11.05.10

    • Paint & Coatings Manufacturer News | Wood Coatings

      Vogel Paint Forms License Agreement with Hesse-Lignal for Manufacture of Wood Coatings

      Vogel Paint, Orange City, Iowa has signed an agreement with Hesse-Lignal of Hamm, Germany to become its exclusive licensee for the manufacture of wood coatings for the U.S.
      11.03.10

    • Paint & Coatings Manufacturer News | Wood Coatings

      AkzoNobel and Forest Stewardship Council Form Landmark Partnership

      AkzoNobel has underlined the im­portance of wood stewardship to its sustainability agenda by signing a landmark agreement with the Forest Stewardship Council (FSC). The agreement makes AkzoNobel the FSC’s first global partner outside of pro…
      10.05.10

    Breaking News
    • PPG Releases ‘Paint is More Than Just Color’ Video
    • AkzoNobel Art Foundation Finds 'Common Ground' with New Exhibition
    • AkzoNobel Specialty Chemicals, INEOS Nitriles Sign Co-op Agreement to Expand Chelates Production
    • The Green Chemistry & Commerce Council: 2018 Green & Bio-Based Chemistry Technology Showcase Winners
    • MNYPIA Honors Shamrock Technologies' Joon Choo as 2018 Man of the Year
    View Breaking News >
    CURRENT ISSUE

    April 2018

    • RadTech Exhibitor Showcase
    • RadTech2018 Heads to Chicago
    • Low and Zero VOC Coatings
    • Overview of the Radcure Market
    • Self-Sterilizing/DNA-Free Coatings In Space and On Earth
    • Resins Market Update
    • Coatings for Industrial Applications
    • View More >

    Copyright © 2018 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.