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.
Sustainability assessment by the Stock Exchange of Thailand: The Company was ranked at “AA”, the second-highest level in the sustainability evaluation.
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.
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.
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
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 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
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.
This event marks Thailand’s first collaboration with global organizations like the World Road Association (PIARC) and the Road Engineering Association of Asia and Australasia (REAAA), aiming to exchange knowledge and experiences among experts, professional engineers, academics, and industry leaders on future highway transportation systems in Asia.
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