Thai Rayon Public Co. announces production cut from one more production line [From the web]
BANGKOK, September 20, 2022-
Thai Rayon Public Co.,Ltd. announced that due to continuing poor market conditions, the Company has decided to temporarily stop production from one more production line and total production cut now stands at approx. 55% from 35%. Production cut is mainly of modal and textile/nonwoven about 14% and 41% of total production respectively.
The Company will continue to monitor the situation closely and adjust the production based on market conditions. The Company has 5 production lines, production from 3 Lines are stopped now (1-line modal and 2 lines textile/nonwoven). The Company's production volume is expected to be affected by approx.
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