Tipco Asphalt Public Company Limited (TASCO) has been awarded an “AA” rating in the SET ESG Ratings for 2024

Tipco Asphalt Public Company Limited (TASCO) has been awarded an “AA” rating in the SET ESG Ratings for 2024

Tipco Asphalt Public Company Limited (TASCO) has been awarded an “AA” rating in the SET ESG Ratings for 2024 by the Stock Exchange of Thailand and has been included in the SET ESG Ratings Index. In 2024, 228 listed companies met the criteria and were recognized for their sustainable practices under the SET ESG Ratings. The ratings comprise: AAA: 56 companies, AA: 80 companies, A: 71 companies, and BBB: 21 companies

TASCO’s “AA” rating reflects its unwavering commitment to sustainable business practices across all dimensions—environmental, social, economic, and corporate governance. This achievement highlights the company’s dedication to addressing the interests of all stakeholders while aligning with its strategic goal of becoming a “Sustainable Organization.”

Open House Phitsanulok Plant

Open House Phitsanulok Plant

On December 16, 2024, Tipco Asphalt Public Company Limited, Phitsanulok Plant, organized its annual Open House event under the theme “Tipco Asphalt Go Green.” The objective of this event was to communicate the company’s business operations, measures to prevent and reduce the impact of its activities, and the social initiatives undertaken throughout the past year. It also aimed to exchange information and gather feedback from stakeholders. During this event, the company was honored to have the Director of the Community Industry Promotion Development Group from the Second Industrial Promotion Center and the Mayor of Bang Rakam New Town Municipality participate in a discussion on the topic “Roles and Participation in Combating Global Warming.” This discussion allowed participants to see the tangible efforts and commitments from various sectors in addressing the issue of global warming.

The event was attended by 59 external guests, government agencies, and community representatives, along with 33 employees.

The Department of Highways (DOH), in collaboration with the Japan International Cooperation Agency (JICA) and the Thailand International Cooperation Agency (TICA) under the Ministry of Foreign Affairs, organized the “Highway Asset Management, Batch 1”

The Department of Highways (DOH), in collaboration with the Japan International Cooperation Agency (JICA) and the Thailand International Cooperation Agency (TICA) under the Ministry of Foreign Affairs, organized the “Highway Asset Management, Batch 1”

The Department of Highways (DOH), in collaboration with the Japan International Cooperation Agency (JICA) and the Thailand International Cooperation Agency (TICA) under the Ministry of Foreign Affairs, organized the “Highway Asset Management, Batch 1” from November 11 to 29, 2024. The training sessions were held at the Terdsak Sedthamanop Seminar Room, 3rd Floor of the Training Division Building, Department of Highways.

This event featured distinguished speakers including Mr. Surapon Katekaew, Director – Technical and Mr. Christophe Duboscq, Senior Manager-Research and Development Center of Tipco Asphalt Public Company Limited. They delivered a lecture on “Sustainable Asphalt Practices and Materials” to enhance the participants’ knowledge. The key content covered:

  1. Sustainable Materials Usage: Incorporating Reclaimed Asphalt Pavement (RAP) and other recyclable materials to minimize environmental impact and improve durability.
  2. Roles of Cool Roads and Reflective Asphalt Surfaces: These innovations reduce heat absorption, mitigate urban heat island effects, and enhance road structure durability.

The seminar welcomed 22 engineers from nine nations, including ASEAN and BIMSTEC member countries. It was a pivotal opportunity for knowledge exchange and experience sharing to achieve sustainable and efficient highway asset management.  This training course was part of an international collaboration aimed at promoting sustainable highway asset management through the dissemination and transfer of expertise from relevant specialists. The initiative is expected to contribute significantly to developing sustainable infrastructure and transportation systems in the future.

Tipco Asphalt Public Company Limited is committed to developing the organization towards sustainability through economic, social, and environmental. In 2024, the Company’s sustainability assessment results by local and international rating agencies are impressive.

Tipco Asphalt Public Company Limited is committed to developing the organization towards sustainability through economic, social, and environmental. In 2024, the Company’s sustainability assessment results by local and international rating agencies are impressive.

  1. Sustainability assessment by the Stock Exchange of Thailand: The Company was ranked at “AA”, the second-highest level in the sustainability evaluation.
  2. Sustainability assessment by FTSE RUSSELL, UK: The company received a 3.6 out of 5, or 77 percentiles, compared to companies within the same industry globally.
  3. Sustainability assessment by S&P Global, USA: The company received a score of 51 out of 100, or 74 percentiles, compared to companies within the same industry globally.

*Tipco Asphalt Achieved 5-Star CGR Score of “Excellent”* Reaffirming Good Corporate Governance

จากผลการสำรวจด้านการกำกับดูแลกิจการของบริษัทจดทะเบียนไทยประจำปี 2567 (Corporate Governance Report of Thai Listed Companies 2024 : CGR) บริษัทฯ ได้คะแนนรวม 103 คะแนนซึ่งอยู่ในระดับ “ดีเลิศ” หรือ 5 ดาว

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Open House 2024 Rayong Plant

Open House 2024 Rayong Plant

On November 26, 2024, the Rayong Plant organized an Open House event to strengthen relationships with the local community and personnel from various government agencies in the area, as well as to build trust in its business operations that are committed to society, the community, and the environment. The Open House project was honored by Mr. Wisarut Puengchitwisut, the representative of the Rayong Provincial Energy Office, who served as the project’s opening ceremony chair. He led personnel from government agencies and the community of the Nikom Phatthana District, Rayong Province, such as the Nikom Phatthana Hospital, Makhamkoo Subdistrict Municipality, local schools, community leaders in Makhamkoo Subdistrict, and surrounding communities to visit the factory operations, production processes, safety management, and social activities. This event helped the community and relevant government agencies understand the company’s policies, which emphasize continuous care for the community, society, and the environment throughout its operations and into the future.

Tipco Asphalt Conducts Training on Asphalt Concrete Road Maintenance for Uthai Thani PAO

Tipco Asphalt Conducts Training on Asphalt Concrete Road Maintenance for Uthai Thani PAO

On November 22, 2024, Tipco Asphalt Public Company Limited, in collaboration with Four Inter Supply Partnership, organized a training session titled “Asphalt Concrete Road Maintenance and the Use of Asphalt Emulsion.” The event was held at the main conference hall of the OTOP Center in Mueang Prachanok Chakkri, Uthai Thani Province.

The training was inaugurated by Mr. Pongthai Wattanauodomwong, Director of the Engineering Division of the Provincial Administrative Organization (PAO) of Uthai Thani, who served as the event’s chairman with over 40 senior engineers and technical officers from relevant agencies participated.

The objective of the training was to enhance the knowledge and skills of personnel in the engineering division to raise the safety standards on public roads in all areas. The focus was on proper asphalt concrete road maintenance, repair, and upkeep. Participants also learned about the use of premix asphalt, Tipco Premix, certified under TIS 2516-2018 (Grade 4), and the application of Tipco Joint Sealer-a concrete joint sealant certified under TIS 479-1998—along with Tipco Joint Primer to prevent water leakage into underlying road layers. These measures help reduce road damage and increase community users’ confidence.

This event reflects Tipco Asphalt’s and its partners’ commitment to advancing infrastructure development for society’s sustainable benefit.

Tipco Joint Sealer, a concrete joint sealant hot-poured elastic type, has received a carbon footprint reduction certification from Thailand Greenhouse Gas Management Organization (TGO)

Tipco Joint Sealer

Tipco Joint Sealer, a concrete joint sealant hot-poured elastic type, has received a carbon footprint reduction certification from Thailand Greenhouse Gas Management Organization (TGO)

Tipco Asphalt Public Company Limited is proud to announce that its concrete joint sealant hot-poured elastic type, known as Tipco Joint Sealer, manufactured at the Nakhon Ratchasima plant, has received the carbon footprint reduction certification from Thailand Greenhouse Gas Management Organization (TGO). This certification underscores the company’s commitment to promoting sustainable development. The product aligns with the company’s vision of integrating sustainability into its corporate strategy to “deliver sustainable living for all societies with innovative solutions.”

Receiving this certification reflects success in innovation and reducing environmental impacts, as well as supporting the company’s sustainable development goal, which is divided into three main areas: 1) Innovation Leader to achieve sustainable growth 2) Eco-Efficiency Operations with minimal impact on the environment through efficiencies and 3) Safety Awareness to promote the welfare and well-being of life in communities sustainably.

Tipco Asphalt Public Company Limited collaborated with the Junior Construction Club of the Civil Engineering Department at Naresuan University to organize a volunteer camp

Tipco Asphalt Public Company Limited collaborated with the Junior Construction Club of the Civil Engineering Department at Naresuan University to organize a volunteer camp

From October 27-29, 2024, Tipco Asphalt Public Company Limited collaborated with the Junior Construction Club of the Civil Engineering Department at Naresuan University to organize a volunteer camp aimed at the development of Ban Mae Thoen School in Si Satchanalai, Sukhothai Province. The camp brought together first- through third-year civil engineering students, providing them with an opportunity to develop their professional skills while making a meaningful contribution to the community.

This volunteer camp focused on applying students’ construction knowledge to improve school facilities by repairing and painting school buildings, enhancing the safety of roads within the school premises, and fixing road potholes to ensure safe travel for students, teachers, and parents. This project aimed to foster a safe and healthy environment for the children of Ban Mae Thoen School while inspiring the participating students to apply their engineering skills for the betterment of the community.

Tipco Asphalt is proud to support this impactful activity, which not only advances education through the improvement of the local environment and safety measures but also raises awareness of the importance of giving back to society.

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Jeeranart Construction Co., Ltd., a key business partner of Tipco Asphalt Public Company Limited, signed a contract for the Full Package: Medium service from Nila Solutions Co., Ltd. for a period of one year.

บริษัท จีรนารถก่อสร้าง จำกัด พันธมิตรทางธุรกิจรายหลักของ บริษัท ทิปโก้แอสฟัลท์ จำกัด (มหาชน) ได้ร่วมลงนามเซ็นสัญญาใช้บริการแพลตฟอร์มของ บริษัท นิลา โซลูชั่นส์ จำกัด แบบ Full Package : Medium เป็นระยะเวลา 1 ปี

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