TPI Polene reports weak operating conditions in 1Q24
The Bank of Thailand’s statistics on domestic cement sales show a negative trend since the pandemic, falling by 3.1 per cent in 2022 and 1.5 per cent in 2023. In addition, since...
Tpi Polene
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Thailand pins hopes on Land Bridge Project
Thailand’s economy grew much slower than expected in the third quarter of 2023. According to the country’s National Economic and Social Development Council (NESDC), GDP expanded...
TPI Polene reports 10% sales drop in 9M23
TPI Polene ’s sales performance in the 9M23 was 10 per cent lower YoY to THB33,528m (US$945.5m), while EBITDA generated was down 27 per cent YoY to THB8127m. The main factor for...
TPI Polene posts 2Q22 sales growth of 21%
TPI Polene posted a 21 per cent YoY growth in sales in the 2Q22 to THB12.5bn (US$346.2m) and 24 per cent growth in revenues to THB13.6bn, partly thanks to forex gains. Overall, ...
TPI Polene claims waste-fuelled power is unsustainable
TPI Polene has complained about the quality of national waste sorting in Thailand. The company has invested about THB4bn (US$121.9m) in waste-fuelled power plants. But high oper...
TPI Polene: solid growth prospects
TISCO Securities has reinitiate coverage of Thai cement producer TPI Polene with a ‘Buy’ based on exciting growth prospects.
Thailand: TPI Polene bond issue
Thai-based cement producer TPI Polene says it will issue two tranches of THB6bn (US$182.5m) worth of debentures.
TPI Polene to invest THB3bn to double WtE power plant capacity
TPI Polene, Thailand’s third-largest cement producer intends to spend THB3bn (US$93m) to double the capacity of its waste-to-energy (WtE) power plant in Saraburi to 120MW.
Siemens wins new order from TPI Polene, Thailand
TPI Polene Public has placed an order with Siemens for engineering and supply of the power distribution system and drives for a new clinker production line in Saraburi, Thailand...
TPI Polene awards ThyssenKrupp contract for 10,000tpd line, Thailand
TPI Polene, one of Thailand’s top three cement producers, has awarded ThyssenKrupp a EUR150m contract to build a 10,000tpd kiln line at the Saraburi works, near the capital Bang...