Thailand: Eastern Polymer Group has set aside US$8m to research and development of its insulation business. The funding will go towards new products and to enhance its production line with automatic and high-speed machinery for thermal insulation products under the Aeroflex brand, both domestic and international. Overall the company has set a revenue target of up to US$312m for its 2016 - 2017 financial year with a budget of US$57m for capital expenditure and mergers and acquisitions across its main businesses, according to the Nation.
