COCOCO Expands Production Capacity to Meet Growing Demand
Thai Coconut Public Company Limited (COCOCO)
Thai Coconut Public Company Limited (COCOCO), a prominent manufacturer, distributor, and exporter of processed coconut products in Thailand, has announced plans to expand its production capacity to meet the increasing demand for coconut water products. Following the successful listing of the company’s shares on the Thai Stock Exchange on September 14, the COCOCO team is working tirelessly to capitalize on the growing trend of new stocks. With the aim of solidifying its position as a market leader in coconut milk and coconut water, COCOCO’s board has given the green light for a significant investment in a project to enhance the production capacity of coconut water packed in PRISMA UHT machines.
- Investment value: Approximately 384.70 million baht
- Projected production capacity: 310,000 tons per year
- Expected commercial income: Within the 1st quarter of 2024
The investment will include the acquisition of four Aseptic Filling machines, each with a size of 330 ml, and two Aseptic Filling machines with a size of 1,000 ml. Furthermore, various related tools will be procured to support the expansion. COCOCO’s investment aims to significantly increase its production capacity from the original 218,000 tons per year to 310,000 tons per year. By doing so, the company aims to boost its ability to meet customer demand and fulfill new orders, particularly in light of the overwhelming coconut trend in China.
Dr. Worawat Chinpinkliao, CEO of COCOCO
Dr. Worawat Chinpinkliao, the esteemed CEO of COCOCO, emphasized the strategic nature of the investment. He affirmed that expanding the production capacity of coconut water packed in PRISMA UHT machines is crucial to supporting the company’s growth and meeting the rising demand for coconut water products. He further stated, “This investment will catapult our coconut water production capacity from 218,000 tons per year to 310,000 tons per year, enabling us to fulfill the increasing demand for coconut water products. We are confident that this move will drive continued growth in our coconut water production and distribution business in the future.”
With over 15 years of experience in the industry, COCOCO remains committed to steady growth and development. The company prioritizes building a solid foundation and implementing various systems to ensure sustainable success. The investment in expanding the production capacity of coconut water packed in the PRISMA UHT machine aligns with COCOCO’s goal of maximizing its production capabilities and effectively meeting the surge in new orders.
Tuesday, 03 October 2023
After the shares were listed on the Thai Stock Exchange on September 14, the trend of new stocks remains hot – the COCOCO team is working with full steam. The big boss personally traveled to receive new orders from China. COCOCO’s board recently gave the green light to invest in a project to expand the production capacity of coconut water packed in PRISMA UHT machines. Investments will be in 4 Aseptic Filling machines, size 330 ml, and 2 Aseptic Filling machines, size 1,000 ml , along with various tools. related which has an investment value of about 384.70 million baht, increasing the production capacity to 310,000 tons per year from the original 218,000 tons per year, and expected commercial income Within the 1st quarter of 2024 – supporting new orders. Emphasize the real one Big leader in coconut milk and coconut water in Thailand – The coconut trend in China is overwhelming. Strengthen the growing number of new orders
Worawat Chinpinkliao Dr. CEO of Thai Coconut Public Company Limited or COCOCO Manufacturer-Distributor and a major exporter of processed coconut products in Thailand disclosed that the Board of Directors meeting of Thai Coconut Public Company Limited (the “Company”) No. 14/2023 on September 29, 2023 decided to approve the investment. A project to expand the capacity production of coconut water packed in PRISMA UHT machines with an investment value of approximately 384.70 million baht to support the growing demand for coconut water products among customers. After investing in expanding production capacity This will cause the company’s coconut water production capacity to increase from the original 218,000 tonnes per year to 310,000 tonnes per year, which the company expects will help promote growth continued in the company’s coconut water product production and distribution business in the future.
“The investment in the project to expand the production capacity of packed coconut water in PRISMA’s UHT machines will increase the company’s coconut water production capacity from 218,000 tonnes per annum to 310,000 tonnes per annum to support the growing demand for water products coconut. This will help support continued business growth in the future,” said Dr Worawat.
Throughout the business operation for more than 15 years, COCOCO is committed to developing the business for strong growth. along with giving importance to laying the foundation and developing various systems This is consistent with operating performance numbers which have a steady growth direction. The investment in the project to expand the production capacity of packed coconut water in the PRISMA UHT machine will increase the maximum possible production capacity of the company’s coconut water. and corresponds to the increase in new orders
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