Nature of Business

The Company was established as a “Solution Provider” for plastic molders/ converters in analyzing mixtures and preparing raw materials in the format of masterbatch and compound, including a preparation for plastic colored powders for further use by customers, consisting of manufacturing of plastic products and providing analysis service and advice on problems and obstacles solving solutions related to all-type plastic products.

Currently, the Company and its affiliates have a capacity volume of 45,000 tons/ year focusing on manufacturing of masterbatch across categories, which can be divided into black and white masterbatch, color masterbatch, additive masterbatch, and filler masterbatch. In this regard, plastic products manufacturers are able to get the Company’s masterbatch, intensive raw materials, mixed with plastic beads at the required proportions in order to manufacture the products that carry characteristics and qualifications in accordance with customers’ requirement and in an acceptable cost.

Apart from the convenience in reducing the steps in raw materials’ preparation, this will also helps save cost in research and development projects, since raw materials in each category can also be divided into minor categories that show a lot of different qualifications. Thus, calculating the type and quantity of each raw material for manufacturing requires knowledge and skills to create mixtures for getting the products with required characteristics and qualifications.

Previously, the Company had a manufacturing line for a variety of compound and masterbatch categories, namely black-and-white masterbatch, color masterbatch, and additive masterbatch, and standard-grade filler masterbatch, which is mostly used to manufacture plastic products that do not require smoothness or leanness of the surface, for example, Department store bags that are thicker than 0.015 millimeter, or plastic components that will result in a rough surface when being ironed by standard-grade filler. Also, the Company has invested in Polymerit Asia Company Limited in order to manufacture special-grade filler that can be applied in the high loading amount, which will help save investment costs by focusing on customers who has never used filler masterbatch before. And those who prefer smoothness or leanness of the surface to standard-grade filler like department stores that is less thick than 0.015 millimeters, bags for vegetable and fruits in department stores or film for envelope packages, etc.

Later, after the Company’s increase its investment in the Polymerit Asia Company Limited from 30% to 99.99%, in 2011, the Company adjusted the manufacturing policies by allowing the subsidiaries to operate the manufacturing of filler masterbatch and black masterbatch, ask for support from BOI and received an investment promotion in 2012. Therefore, the Company’s current manufacturing capacity is served for manufacturing white masterbatch, mixed - color masterbatch, and additive masterbatch, including compounds across categories.

Salee Colour Public Company Limited has been one of the leading manufacturers of raw materials for plastic products in the format of masterbatch, compound, and dry colorants in order to distribute them to plastic converters across different categories, such as plastic bags, packaging for consumer and cosmetic products, food packages, including other plastic components like furniture or electrical devices, etc. These entrepreneurs will use the Company products as components of their raw materials before converting them into plastic products and distributing them to brand owners or involved users.