Article: Bottle plant seeks B700m in first year.

Sep. 21--Thai Malaya Glass Co expects its new bottle manufacturing plant to generate up to 700 million baht in sales in its first year in business.

The 1.75-billion-baht plant started production last month with a capacity to produce 70,000 tonnes of glass bottles per year, mainly for Thai Asia Pacific Brewery Co (TAPB), the local brewer of Heineken, Tiger and Cheers beer.

TAPB is a joint-venture partner in the company along with Malaya Glass Products Sdn Bhd, a wholly owned subsidiary of the diversified trading firm Fraser & Neave Holdings (F&N).

"Although the operation has just begun, we have received orders for all of our capacity," said ...

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