Tasco forecasts 8.3% gain in asphalt sales

Workers pave a road with asphalt, which remains in high demand as governments continue with road construction and repair projects. (Photo: Tipco Asphalt Plc)

Tipco Asphalt Plc (Tasco), Thailand's largest asphalt producer, expects its sales to grow by 8.3% this year to 1.3 million tonnes despite a global economic slowdown and possible delay in state spending related to the lengthy process required to set up a new government.

Last year Tasco sold 1.2 million tonnes of asphalt.