Polyplex (Thailand) Public Limited Company (PTL) is a 51% subsidiary of Polyplex Corporation Limited and focuses on the Asia Pacific markets. PTL is listed on the Thailand Stock Exchange (SET: PTL) and has its Corporate Office in Bangkok.
Our manufacturing facility in Siam Eastern Industrial Park is located in Rayong close to the deep sea port of Laem Chabang in the Gulf of Thailand. It has an installed capacity of:
*Note - The above includes the projects which are under implementation.
PTL employs about 685 people in manufacturing, sales and corporate operations.
The PTL facility at Rayong commenced production in 2003 with an initial thin PET film capacity of 21,000 tons. In the same year a second PET film line with a similar capacity of 21,000 tons per annum was added. This was followed up in 2004/2005 with the commissioning of a batch-process resin plant and a continuous-process resin plant, thereby making it completely self-sufficient in PET resin.
In 2008, the product portfolio was expanded with the commissioning of an Extrusion Coating line with an annual capacity of 150 million sq. meters for the production of Thermal Lamination film.
With the start of the second Extrusion Coating Line, the annual capacity of Thermal Laminated Films has increased to 365 million sq. meters.
In 2009, a Cast Polypropylene (CPP) film line with a capacity of 10,000 tons per annum was set up, further diversifying the product range in packaging end use segments.
By 2009, the facility had 2 metallizers for PET, and one for CPP film. An additional metallizer was installed in FY 2014-15.
A state-of-the-art silicone coating line with an annual capacity of 500 million sq. meters was commissioned at Rayong in 2011 for servicing the Pressure Sensitive Adhesive industry and another silicone coating line with an annual capacity of 50 million sqm has been commissioned in Q2 2019-20.
In 2012, PTL has set up a liaisoning office in Malaysia to service the customers in Malaysia and Singapore in a more effective manner.
In 2013, the Company has entered into thick PET film segment suitable for a range of industrial applications including imaging & graphics, photovoltaic and flat panel display.
In 2014, PTL has set up a liaisoning office in Korea and in 2018 in Japan to enhance its market reach and to service the customers more effectively.