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‘ThaiNox’ FORESEES BRIGHT FUTURE; ANNOUNCES TO CONTINUE SPEARHEADING R&D AS MAIN BUSINESS STRATEGY
ThaiNox is in high gear to continue its R & D work to serve customers’ current and future demands, as well as its role in improving the living quality of stainless steel users and the overall quality of the society, stated Prayudh Mahagitsiri, Chairman & CEO of Thainox Stainless PCL., in a merit-making ceremony to mark the 16th anniversary of ThaiNox’s establishment.

“Over a decade of being the only and largest stainless steel producer in Thailand and ASEAN, ThaiNox has been enjoying the sustainable growth of business and market share via our offering of premium stainless steel products. At the same time, the company is preparing to cope with the rising market demand by continually introducing stainless steel innovation based on our extensive research and development,” said Prayudh.

He further revealed: “Currently, the Metallurgy Department and Thainox Research and Development Center are studying for the development of innovative self-cleaning stainless steel. And we hope to be able to conduct a commercial launch of this ground-breaking innovation in the very near future.”

Throughout 16 years of its existence, ThaiNox has been acclaimed as one of the stainless steel manufacturing leaders in South East Asia with its world-class production, premium-quality products as well as strong local and international distribution networks.

In addition, ThaiNox always upholds onto the principle of social responsibility. The company has initiated several projects with the aim to promote education among youngsters and the general public. These projects include ‘Thainox Metallurgy Award’ – the annual award presented for an outstanding research in the field of metallurgy; and ‘Thainox Design Award’ – the annual campaign aimed to promote stainless steel as a trendy material for product design.

“Despite sluggish economy, we are convinced that the stainless steel business will continue to flourish in line with the higher demand for mega projects and infrastructure projects, the potential growth of automobile and housing & construction industries, as well as the increasing household consumption of stainless steel – thus, bringing a better quality of life and an improved environmental conditions to today’s consumers,” concluded Prayudh.

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