Economic development in Thailand has led to an increased use of plastic to replace wood and metal, which has resulted in a growing demand for petrochemical products. In fact, between 1989 and 1993 annual per capita plastic consumption increased from eight to nineteen kilograms.
Thai Petrochemical Industry Public Company Limited (TPI) by itself and through its subsidiaries and associated companies, is the largest and most diversified petrochemical producer in the kingdom, and the country's third largest producer of cement. As such, the company is a leading player in the Thai economy.lf economic development is to continue, it is of the utmost importance that the country's industrial base is consolidated. TPI hopes to be at the forefront of such a move.
The issuing of shares to the public and the listing of TPI onthe Stock Exchangeof Thailand (SET) is a significant landmark in the company's plans for expansion. The additional capital generated will serve to develop TPI as a fully integrated producer of petrochemical products,involving expansion into upstream industries.
TPI SIGNIFICANT DEVELOPMENTS
THE USE OF PLASTIC
EXPANSION AND FUTURE PLANS
TPI AND SOCIETY
THE TPI PHILOSOPHY