Thainox Stainless to increase production by two-fold
Thainox Stainless PCL, Thailand's sole stainless steel producer, is reportedly planning to increase its production to 400'000 tons within five years in order to meet surging demand for stainless steel. In line with the plan of the company, the production capacity will be increased from the current 200'000 tons to 300'000 tons next year and then to 400'000 tons within five years. The details of the expansion plan will be revealed in the next two months.