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Bangkok Post
Bangkok Post
Business

Suntech to utilise scrap cars from Korea

Mr Suphamongkhon, left, and Shawan Kang, chief executive of Gangsan, at a car dismantling facility operated by Gangsan in South Korea.

Suntech Recycle & Decarbon Co, a subsidiary of Millcon Steel Plc, has partnered with an auto dismantling firm in South Korea to acquire more unwanted cars for recycling, part of efforts to reach its ambitious goal next year.

The company signed a memorandum of understanding with Gangsan Group to ensure a higher supply of car scrap, helping it avoid a shortage of raw materials and related price fluctuations.

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