Thai Union Invests In US$5.7 Million R&D Project

  • Monday, 04 April 2016 10:32
  • Published in Business News
  • Read 1221 times

The pilot plant launched by the Thai seafood-based products producer will extend its research and development (R&D) capabilities.

The new plant, located within the global innovation incubator (Gii), is a joint R&D collaboration between Thai Union (TU) and Mahidol University’s faculty of science. At the opening of the plant that will be used to test tuna processing among other functions, president and chief executive officer of TU Thiraphong Chansiri said they expect to launch their first product in the fourth quarter of the year. Following that, they will also roll out many new products to other markets.

The current Gii facility is also going to be extended, and this together with the pilot plant, are part of the TU’s US$5.7 million investment to help the Thai government’s vision of the country being recognised as a hub for food research and innovation.

The plant is designed to develop innovative, sustainable and value-added products, and the Gii will develop new and more environmentally-conscious processing technologies.

Working with the universities—Mahidol University, as well as King Mongkut’s University of Technology Thonburi and Kasetsart University that have signed a Memorandum of Understanding to create food research programmes—will also help human resource development efforts to develop qualified potential future employees with high-level degrees.

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