Yuzhou Fine Chemical and 304 Industrial Park embark on cooperation to strengthen Thailand's PCB industry 

Yuzhou Fine Chemical is a world-leading company in chemicals for electronic components, while the 304 Industrial Park possesses readiness in terms of infrastructure of international standards and a power grid that meets industrial demands.

The industrial park is located on a strategic point that links the 304 Highway to Laem Chabang Deep Seaport and Suvarnabhumi Airport. It is surrounded by sources of labours in the Northeastern region, and is capable of providing comprehensive industrial services by experts.

Yuzhou Fine Chemical was established in February this year with major shareholders including Guangdong Yuzhou Holding Group Ltd and Zhuhai Yuzhou Environmental Protection Technology Ltd. 

The company has purchased land of over 20 rai in the 304 Industrial Park under an investment budget of 1.5 billion baht. Yuzhou Fine Chemical has received promotional privileges from the Board of Investment (BOI) for the procurement of high-quality chemical products and services to worldwide customers.

The company is committed to procuring high-quality chemicals for the manufacturing of key components of PCB, semiconductors, and new energy groups, such as petrochemical-based solar panels and others. It also imports modern chemical processing technology, with an experienced research and development team, and a panel of executives who are efficient in administration both domestically and internationally.

Yuzhou Fine Chemical also focuses on safety, environmental protection, and sustainable development and is committed to providing one-stop services to satisfy the varying needs of customers.

The investment of Yuzhou Fine Chemical is an important step that will help maximise Thailand’s business and technology development, fulfilling its goal of becoming a leader in the advanced chemical industry.

Kittiphan Chitpentham, chief executive officer of 304 Industrial Park, said: “This signing not only reinforces the potential of the 304 Industrial Park to accommodate large manufacturers looking to invest, but also demonstrates the readiness in all aspects to support customer success. Yuzhou represents an important step in establishing a cluster for the PCB industry and promotes sustainable growth for the PCB industry in the 304 Industrial Park and Thailand as a whole."

Guangzhou Luo, director of Yuzhou Fine Chemical (Thailand) expressed his anticipation toward the cooperation: "The main reason for choosing the 304 Industrial Park as the site for expanding production is its strategic location for investment and stable infrastructure. This collaboration reflects confidence in the strong potential of the 304 Industrial Park in the future."

"This partnership will provide momentum to strengthen the global chemical industry for electronic circuit boards, or PCBs. In the future, the 304 Industrial Park will be able to attract leading investors and promote sustainable economic development at a national level," he concluded.