Company Overview

Thai Plastic Industrial (1994) Public Company Limited (“the Company” or “TPLAS”), formerly called Thai Plastic Industrial (1994) Company Limited, incorporated on 29 August 1994.The Company manufactures and distributes food bags from Polypropylene (PP), food bags and handle bags from High Density Polyethylene (HDPE) under “Makrook” trademark and food wrapping film from Polyvinyl Chloride (PVC) under “Vow Wrap” trademark. Later in 2018, the Company completed an Initial Public Offering in the Stock Exchange of Thailand on 5 September 2018 with registered capital of 135,000,000 Baht

The Company is determined to operate adhering to good corporate governance principles by considering all stakeholders in order to ensure sustainable growth. The Company not only gives importance to developing on production in order to ensure product safety for customers but also creating due and steady returns to shareholders. In 2021, the Company normally operates even under the COVID-19 pandemic. The Company placed prevention measures to take care of employees so that the situation does not affect the Company’s continuous operation

Vision

WORTHY PACKAGING

FOR BERRER WELL-BEING,

Mission

Foster collaboration with stakeholders to create value from waste materials throughout the business value chain, aiming to add value and reduce the volume of discarded waste materials.

Foster a positive customer experience and cultivate sustainable relationships to ensure the company's long-term economic growth.

Foster higher product standards and research and development efforts to improve the quality of life and well-being of society.

Key developments

Manufacturing and Distribution of New Products
- Freezer Bags (LL)
- Hi-So Handle Bags (PP), Packaged in ½ kg
Installation of Production Machinery for Food Boxes, resulting a total production capacity of 2 million boxes per year.
Installation of Printing Machinery for Paper Packaging, resulting a total production capacity of 5 million units/year.

Installed of additional machinery for plastic bag-cutting manufacturing, resulting in a total production capacity of 10 tons per year.

Installed of machinery for food paper bowl manufacturing, resulting a total production capacity of 1.6 million pieces per month.

Installed of additional machinery for food paper box manufacturing, resulting a total production capacity of 2.83 million pieces per month.
Installed of machinery for food paper bowl manufacturing, resulting a total production capacity of 0.83 million pieces per month.

Installed of machinery for food paper box, resulting a total production capacity of 1.20 million pieces per month.

Launched the new product: food paper box under the brand “BEAT BOX”.

The company’s common stocks have been registered in the market of alternative investment (MAI) and the company has launched an initial public offering (IPO)

Installed of additional machinery for plastic bags manufacturing, resulting a total production capacity of 850 tons per month.

The Company transforms into a public company limited.
Installed of additional machinery for plastic bags manufacturing, resulting a total production capacity of 800 tons per month.

Installed of additional machinery for plastic bags manufacturing, resulting a total production capacity of 650 tons per month.

Increased the registered capital to 100.00 million baht (RO).
Installed of additional machinery for plastic bags manufacturing, resulting a total production capacity of 120 tons per month.
Launched the new product: wrapping films under the brand “VOW WRAP”.

Installed of additional machinery for plastic bags manufacturing, resulting in a total production capacity of 300 tons per month.

The Company relocated its manufacturing plant from Phetkasem to a new factory in Bangyai Nonthaburi province.
Installed of additional machinery for plastic bags manufacturing, resulting in a total production capacity of 200 tons per month.

Installed of additional machinery for plastic bags manufacturing, resulting in a total production capacity of 100 tons per month.

The Company began the construction of a factory in Phetkasem.
Installed of machinery for plastic bags manufacturing with a total production capacity of 50 tons per month.
Launched the first product: plastic bags under the brand “MAKROOK”.

The beginning of a business that has registered and established into a company on 29 August 1994 with a registered capital of 1.00 million baht.