Thursday, 26 October 2017 11:24

Redflow gears up for Thailand production

By
 Hemaraj Land & Development CEO David Nadone (left) with Redflow CEO Richard Aird Hemaraj Land & Development CEO David Nadone (left) with Redflow CEO Richard Aird

Australian battery company Redflow has started installing battery production equipment at its new factory in Thailand as it prepares to commence operations by the end of this year.

The Brisbane-headquartered, ASX-listed Redflow, through its Thai subsidiary, has signed a three-year lease on the 1500-square-metre building at the Hemaraj Chonburi Industrial Estate, part of the IEAT free trade zone, 110km southeast of Bangkok and 25km from the Laem Chabang deep sea container port.

Redflow (ASX:RFX) chief executive Richard Aird recently visited Thailand to finalise the lease agreement with David Nadone, chief executive and president of Hemaraj Land and Development Public, a subsidiary of WHA Corporation.

The company says it  has obtained all required Thai regulatory approvals to operate its factory within the free trade zone, and this week has sent an engineering team from its Brisbane office to Thailand to assist its manufacturing partner MPTS with installing and commissioning the equipment.

Redflow, which counts serial entrepreneur Simon Hackett as its largest shareholder, manufactures the world’s smallest zinc-bromine flow batteries, marketing them as ZBM2 batteries for commercial, industrial, telecommunications and grid-scale energy storage, and as ZCell for residential energy storage in Australia.

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Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

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