Page 8 - Annual Report English 2018
P. 8

Tycoons Worldwide Group (Thailand) Plc.

                                                 Board of investment privilege:

                                        TYCN was granted the promotional privileges from the Board of Investment
                                   (BOI) under a promotion certificate issued on October 11, 1996 to manufacture
                                   steel wire  rod, annealed  wire (<6mm)  and screw  under category  2.15
                                   manufacture of steel  wire, round bar  or steel billet  and  category 4.7
                                   manufacture of metal wire or wire products and a promotion certificate issued
                                   on April 9, 2003 to manufacture annealed wire (>6mm) and bolt under category
                                   4.7 manufacture of metal wire or wire products.


                  2.2 Marketing and competitive

                               2.2.1 Marketing

                          2.2.1.1.  Domestic market

                              1. Marketing strategies

                              A.Wire rod and annealed wire:
                                 TYCN is the only one steel manufacturer with “billet surface grinding” procedure
                                 which is able to remove flaws on billets so that the flawless billets can be used for
                                 producing CHQ (Cold  Heading Quality)  wire rods and  annealed wires. These
                                 products get TYCN  into the high-end segment in  which there are no domestic
                                 competitors. In the  segment of ordinary products,  TYCN is  also  the leading
                                 manufacturer who produces a variety of high-quality products and makes on-time
                                 delivery.

                                    B.Reinforcing bar:
                                 Besides straight deformed bar, TYCN also produces compact rebar in coil, which
                                 allows customers to flexibly determine cutting  length and  minimize  production
                                 loss. In 2018, as TY’s production line of deformed bar starts operation, TYCN
                                 and TY are able to produce full range of building steels, and rapidly gain the
                                 market share with its own brand “TY”.

                                    C.Technical service:
                                 TYCN provides knowledgeable technical team to support technical work such as
                                 utilization of TYCN’s  product with highest  efficiency. TYCN is also able  to
                                 adjust chemical composition according to customers’ requirement.

                              2. Target customers

                                 Wire rod:
                                 TYCN’s wire rod is targeted at customers who produce PC (high tensile) wire and
                                 steel strand, Motor shaft,  Bead wire (tire), wire  mesh, fasteners, steel nails,
                                 automotive parts and etc. downstream related products of manufacturer.

                                 Annealed wire:
                                 TYCN’s annealed wire is targeted at customers who produce screws, bolts, nuts,
                                 nails, rivets, auto parts, mechanical parts, and appliance parts.

                                                              6
   3   4   5   6   7   8   9   10   11   12   13