Supply chain innovation is coming to Rayong, with a 40,000 sqm well-equipped warehouse space as the start of their bigger plan to roll out world standard warehousing facilities in Thailand.

RAYONG, Thailand, 17th of March 2022 - Ratanakorn Asset Management and the FLS Group, break ground of the first phase of their innovative FLS Supply Chain Center in Rayong (“FSCC Rayong”), serving both the Maptaphut and Ban Khai Industrial Estates.

The FLS Supply Chain Center (Rayong) Co., Ltd. will cover:

• 40,000 sqm of hazardous chemicals and non-hazardous cargo warehouse space.
• Good Manufacturing Practice (GMP) certified warehouses. Offering a clean, dust-tight storage environment for the storage of chemicals.
• State-of-the-Art infrastructure built according to the highest international safety and environmental standards, to guarantee a safe workplace for our employees, our community, and our environment.
• (Re-)packaging and blending facilities for chemicals, powders and liquids, to assist our customers in optimizing their global supply chains and offering customized solutions to end customers.
• ISO tank and tank truck cleaning station, laden and empty container storage and ISO tank heating facilities, making our customers’ operations more efficient and cost-saving.

Photo Credit: FLS Group

According to Mr. Lieven Vander Elstraeten, General Manager of Business Unit Warehousing, FLS Group, this multi-customer facility will fill a service gap in the Maptaphut chemical cluster, enabling companies to store hazardous chemicals being either packed on pallets or in ISO tank containers in professional, high-quality development. Meeting all international safety standards, all in the immediate proximity of the respective chemical production facilities. “We will offer our competitive pricing with high safety and quality standards and an international mindset.” Mr. Lieven added.

In the next phase, an ISO tank cleaning depot and storage facility will be added to the services to further optimize chemical supply chains, turning transportation equipment around much faster. This will further enhance the competitiveness of Maptaphut as a leading chemical cluster and industrial estate in Asia.

“The Maptaphut facility is a milestone in the growth of our Group. We act both as a logistics operator of our own facilities, but also as a landlord of our high-quality infrastructure, designing, building, and leasing customized logistics facilities and light factories to industrial players.” said Mr. Torbjoern Larisch, CEO FLS Group. “Today I’m proud to announce that we will soon start the development of a similar site in Bowin, Chonburi, serving the Eastern Seaboard industrial estates. Together with our partner Ratanakorn Asset we have the ambition to become a significant player in the warehousing landscape in Thailand.” Mr. Torbjoern Larisch added.

Mr. K. Jugkarut Ruangratanakorn, CEO Ratanakorn Asset Management said: “FLS brings an abundance of technical and operational logistics knowledge and experience to the table, which has allowed us to move forward fast, and my team brings a sound experience in developing and financing real estate projects in Thailand. This project and our future with FLS are to be seen into our company’s strategic vision to develop industrial real estate in Thailand next to our existing residential and commercial real estate activities.”

The facility will be staffed by 100 industry professionals, with over 25 years of experience in the industry, serving multinational customers in the chemical, automotive, industrial equipment, consumer goods and general cargo industries. Both companies have ambitious plans to develop similar distribution centers in the coming years in Chonburi, Rayong and the Bangkok metropolitan area.

About FLS:

Founded in 1993 and headquartered in Laem Chabang, Thailand, FLS has grown to be recognized as a leading regional end-to-end logistics service provider - offering tailor-made project logistics and heavy lift transportation solutions, contract logistics (warehousing, domestic and cross border trucking, repackaging and processing activities), customs clearance, documentation and freight forwarding services.

FLS is currently present in Thailand, China, Vietnam, Myanmar, Australia, Singapore, India, Indonesia, USA, Taiwan and Malaysia and is close to the Asian key markets. FLS serves its multinational customers active in the automotive, chemicals, energy, food, industrial manufacturing, medical devices and offshore industries.

About Ratanakorn:

Ratanakorn Asset Group, headquartered in Pattaya, Thailand, has grown since its foundation 20 years ago into a real estate powerhouse with over THB 33 billion of assets under management in mainly Pattaya, Chonburi, Rayong and other parts of Thailand. Its activities include residential housing & condominium projects, commercial and community mall management and development, hotel & resort development in cooperation with some of the world’s leading hotel brands—IHG®, ONYX Hospitality Group, Yoo Worldwide and Ascott Limited. The company also develops co-working spaces & offices, education centers, self-storage solutions and is active in the F&B and fitness industry. The group has a leading position in the manufacturing and sales of organic mineral fertilizers. Its exponential growth has been supported by its in-house design, engineering, construction and prefabrication business in combination with its landbank of over 5 million square meters.

Contact:

Lieven Vander Elstraeten

General Manager

Laem Chabang Office

53 Moo 9 Talaythong Tower, 14th Floor, Room # 1406 Sukhumvit Road, T.Tungsukla A. Sriracha Chonburi 2023

Related links

Website FLS Projects
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