Sammitr Joint Venture with NONOX to Manufacture International Standard High Horse Power NGV Engine in Respond to the Government’s Energy Saving Policy

ข่าวทั่วไป Monday September 26, 2005 17:13 —PRESS RELEASE LOCAL

Bangkok--Sep 26--JWT Public Relations
Sammitr Motors responds to the government’s energy saving policy by joint venturing with NONOX, a leader in international standard NGV engine manufacturing from Netherlands, establishing NETHAI GAS ENERGY Co., Ltd to manufacture NGV engine for Thailand. 5,000 engines will be manufactured and launched to market in this year.
Yongyuth Posirisuk, Deputy Chairman of Sammitr Manufacturing Co.,Ltd. announced at the signing ceremony with NONOX Gas Engines B.V. from Netherlands at the “NGV Technology from Netherlands — the Clean and Reliable Alternative” that Sammitr joint ventured with NONOX Gas Engines B.V., the expert in NGV engine manufacturing from Netherlands, and established NETHAI GAS ENERGY Co., Ltd to manufacture international standard NGV engine for all vehicle in respond to the government’s energy saving policy.
Sammitr holds 51% stakes while NONOX holds 49% of the 200 million baht registered capital. The objectives of NETHAI GAS ENERGY Co., Ltd. includes manufacture and assemble NGV engine for all type of vehicle, research and develop NGV system for all type of vehicle, test NGV engine and its accessories, develop international standard process for quality NGV engine, provide training on NGV engine operation and maintenance, and provide after sale service.
Sammitr has successfully researched and developed big NGV engine, especially for 6 wheel truck. We believe that the joint venture with NONOX will result in the continuous improvement of NGV engine. NETHAI GAS ENERGY Co., Ltd. plans to manufacture and launch 5,000 engines to market in the first 3 years.
“The strength of NETHAI GAS ENERGY Co., Ltd. is that we joint venture with the owner of international standard NGV technology, therefore, we can manufacture high quality NGV engine. We expect to launch 6 wheel truck to the market next year“, Yongyuth said.
Yongyuth added that, “The joint venture comes from the strength of Sammitr in manufacturing, assembling and especially the research and development for transportation industry which aim at energy saving. Sammitr aims to be a leader in transportation industry. We, therefore, has started developing NGV engine since 2000. We see this as an opportunity for the advancement of transportation industry which aligned with our vision.”
For more information, please contact:
JWT Public Relations
Khun Wongchan Tel. 02-204-8221 or 09-127-2089
Or Khun Prasit Tel. 02-204-8216 or 01-586-2813
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