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TPI POLENE PUBLIC COMPANY LIMITED

The TPI Polene Group is an industrial conglomerate with its over 20 subsidiaries engaging in a wide range of businesses spanning petrochemicals & chemicals, construction materials, renewable energy as well as bio-green agricultural inputs such as fertilizers, growth hormones, soil enhancers and personal care. Innovation both in products and processes is the key growth strategy circumscribed in the …

active ThailandAsia Founded 1987 ListedEmployees: 288 Revenue: 53,181 million THB (annualized Q3 2022) checked 2026-10-05

Profile

TPI Polene Public Company Limited is an industrial conglomerate based in Bangkok, Thailand, founded in 1978. It is a publicly traded company (SET: TPIPL) primarily engaged in construction materials, petrochemicals, and energy. The company is the third-largest cement producer in Thailand and a leader in mortar and ready-mixed concrete. Its core operations include manufacturing cement, fiber cement, and specialty polymers like LDPE and EVA, alongside a significant renewable energy business through its subsidiary, TPI Polene Power (TPIPP), which operates the world’s largest privately-owned waste-to-energy power plant.

The Leophairatana family remains the major shareholder, holding approximately 68% of the company. As of 2026, the company employs over 9,500 people and continues to focus on ESG-driven investments, including transitioning its power plants to 100% municipal solid waste (MSW) fuel and expanding solar capacity. Recent financial performance in 2025 and 2026 has been supported by growth in its construction materials and petrochemical segments, despite industry cyclicality and the expiration of power tariff adders. The company remains active, with ongoing efforts to improve plant efficiency and achieve carbon neutrality targets by 2047.

Sources#

Industry
Construction, Crop protection, Energy, Fertilisers & plant nutrition, Forestry, Packaging & plastics, Paints & coatings, Waste & circular economy
Topics
Crop protection chemicals & fertilizers, Biomass, bagasse & waste valorisation
Role
Distributor — “…9%-owned): Manufacturer and distributor of EVA film for PV modules, laminated safety glass, and related packag…”
Why it is bioeconomy
TPI Polene Public Company Limited is a currently operating Thai public industrial conglomerate with bio-economy activities including bio-organic fertilizer/soil enhancers, biological supplements for livestock/aquaculture, and other bio-based/BCG-oriented agriculture and waste-to-value operations, alongside major construction materials, polymer, and waste-to-energy power businesses.
Found via
Cathay Biotech 凯赛生物 (SSE 688065); Jiaao Enprotech 嘉澳环保 (SH 603822, ST); PTT Global Chemical (GC)

Bio-solutions it supplies 0

Not yet cited as a supplier in a graded solution.

What they offer

Subsidiaries: TPI Polene Power Public Company Limited (70.24%) · TPI Concrete Co., Ltd. (99.9%) · TPI Polene Bio Organics Co., Ltd. (99.99%) · TPI All Seasons Co., Ltd. (99.99%) · Thai Nitrate Co., Ltd. (50%)

News & status 6

Network: owners, partners, peers

Ownership & investors 5

subsidiaryTPI Polene Power Public Company Limited
subsidiaryTPI Concrete Co., Ltd
subsidiaryTPI Polene Bio Organics Co., Ltd
subsidiaryTPI All Seasons Co., Ltd
subsidiaryThai Nitrate Co., Ltd

Similar companies

SCG · Indorama Corporation · CIC Holdings PLC · PT Pupuk Indonesia (Persero) · GC · Kuala Lumpur Kepong Berhad · Deepak Group Co · Jebsen & Jessen Group

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