EXIM Thailand Extends Low-interest Loan for Innovation to Phacharasin Plastic and Trading Ltd., Part. to Support Production of Safety LPG Composite Cylinders for Household Use

Announcement date 24 May 2017
EXIM Thailand Extends Low-interest Loan for Innovation to Phacharasin Plastic and Trading Ltd., Part. to Support Production of Safety LPG Composite Cylinders for Household Use
Mrs. Wantana Mongkolsri (third right), Senior Executive Vice President of Export-Import Bank of Thailand (EXIM Thailand), and Mr. Panuwat Phatcharasiriworakul (third left), Managing Partner of Phacharasin Plastic & Trading Ltd. Part., a manufacturer and distributor of plastic products, signed 21.94-million-baht financial agreement at EXIM Thailand’s Head Office on May 24, 2017. The loan’s purpose is to finance the company’s LPG composite cylinders production in Nongkhai province, which is a project under the collaboration between EXIM Thailand and National Science and Technology Development Agency (NSTDA), Ministry of Science and Technology, to offer financial support for scientific and technological engineering, research and development projects of private entities in the form of low interest loans to reduce production costs and boost competitiveness of Thai exporters aiming to improve their production technologies.
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