The upcoming Asean integration will be a real challenge for many industries, but in Thailand's packaging industry a price war among local producers is the main threat.
Tatthep Teeyaprechaya, the managing director of Universal Can Co, said competition in the packaging industry is growing intense in terms of pricing among local players.
"The addition of foreign competitors once the Asean Economic Community takes place has never been a concern. We are confident we're among the best packaging producers in the world," said Mr Tatthep.
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