“CONNECTING GREEN WAYS OF LIFE TOURNAMENT 2025”: Strengthening Relationships for Success and Sustainability

On Monday, January 6, 2025, Tipco Asphalt Public Company Limited hosted a golf tournament for its valued customers under the concept “CONNECTING GREEN WAYS OF LIFE TOURNAMENT 2025” at Robinswood Golf Course, the most modern and world-class golf course in Thailand.

The event aimed to strengthen the close relationships between the company, its customers, government agencies, and business partners nationwide, with over 140 participants in attendance.

Following the tournament, all golfers joined a warm and lively evening banquet. The event’s highlight was a special auction of two paintings by French artist François Fresinier, which raised 295,000 baht. The proceeds were donated to Ramathibodi Foundation to support underprivileged patients, build hospitals, and purchase medical equipment.

We thank all customers and partners for their trust and continuous support. This strong collaboration is a driving force that enables us to achieve sustainable success together.

slurry seal project in Laos

Tipco Asphalt Lao Co. Ltd, in partnership with Seneoudom Co. Ltd and with technical support from Thanomwongse Service Co. Ltd, is proud to announce the latest slurry seal project in Laos, applied in Vientiane Capital. This project, building on Thanomwongse Service’s pioneering introduction of the slurry seal technique to Laos more than 20 years ago around Patuxay (Victory Monument), represents a major step towards establishing this proven method as a sustainable option for road maintenance nationwide. The project began on February 12, 2025, and is scheduled for completion by the end of February 2025. This cost-effective technique provides a solution for road surface treatment, extending road’s service life at a significantly lower cost than traditional methods like HMA overlays. This makes it ideal for Laos’ infrastructure development needs. On February 14, 2025, the project received positive feedback from representatives of the Ministry of Public Works and Transport (PWT) following their observation. We are delighted to further introduce this surface treatment to Laos and look forward to seeing its wider acceptance across the country.

Knowledge Training for Kasetsart University Students at Phra Pradaeng Plant

On February 25, 2025, Assistant Professor Dr. Peerakarn Banjerdkit invited Ms. Panita Suttakhet, a Sustainability Development Officer (Phra Pradaeng Plant), as a guest speaker to share knowledge with fourth-year students from the Faculty of Environmental Engineering, Faculty of Engineering, at Kasetsart University. The lecture covered waste management through recycling processes under the Carbon Footprint Organization (CFO) concept of Tipco Asphalt Public Company Limited’s sustainable environmental management practices. Additionally, it provided guidance on career preparation for students before graduation. The feedback assessment showed students were highly interested and actively participated in the activities.

CFO stands for Carbon Footprint Organization, which refers to the total greenhouse gas emissions released from an organization’s various activities. The CFO framework consists of three scopes:

• Scope 1: Direct emissions from the organization’s activities (Direct Emissions), such as fuel combustion from machinery, company-owned vehicles, chemical use in wastewater treatment, and leakage from processes or activities.
• Scope 2: Indirect emissions from purchased energy (Energy Indirect Emissions), including electricity, heat, cooling, steam, and compressed air used within the organization.
• Scope 3: Other indirect emissions beyond Scope 1 and 2, such as transportation of raw materials by suppliers, employee commuting using non-company-owned vehicles, business travel involving outsourced services, use of materials and equipment, product usage, product disposal, waste volume, and waste transportation

Tipco Asphalt Group delivers a Nikko-brand hot-mix asphalt plant to Jeeranart Company Limited in Rayong Province

On February 23, 2025, Tipco Asphalt Group, in collaboration with Nikko Asia (Thailand) Co., Ltd., successfully delivered a Nikko Hot-Mix Asphalt Plant, model NAP ACE-130 ABD, to Jeeranart Company Limited in Rayong Province.

Recognized for its advanced technology and energy-efficient design, the Nikko-brand asphalt plant features an automated production system with stringent quality control. This ensures superior asphalt products while optimizing production costs and minimizing environmental impact. We have supplied more than 20 asphalt concrete mixing plants to our valued customers.

Surat Thani Plant, received the national award for “Healthy, Safe, and Happy Workplace

On December 20, 2024, Tipco Asphalt Public Company Limited, Surat Thani Plant, received the national award for “Healthy, Safe, and Happy Workplace” (Gold Shield category) for the year 2024 from the Ministry of Public Health. The award was presented by Dr. Direk Khampan, Deputy Director-General of the Department of Disease Control, Ministry of Public Health.

On January 29, 2025, the company also received a provincial award from the Surat Thani Provincial Public Health Office. The award was presented by Dr. Samniang Saengsawang, Deputy Provincial Public Health Doctor of Surat Thani.

This award highlights the company’s commitment to adhering to sustainable development policies, focusing on enhancing the overall quality of life for its employees. This includes promoting physical and mental well-being, as well as preventing various risk factors such as workplace accidents, chemical hazards, and machinery-related incidents. The company is dedicated to creating a safe working environment and fostering sustainable happiness in the workplace.

In 2024, a total of 109 establishments received awards, divided as follows:

• Gold Awards: 71 recipients
• Silver Awards: 38 recipients

In Surat Thani province, a total of 5 establishments received awards, divided as follows:

• Gold Awards: 4 recipients
• Silver Awards: 1 recipient

MOU Signed Between Tipco Asphalt and KMITL to Foster Sustainable Road Construction in Thailand

On January 15, 2025, Tipco Asphalt Public Company Limited, led by Mr. Soranat Nantamontri (Deputy Managing Director – Thailand Business Unit) and Mr. Surapol Ketkaew (Technical Director), joined hands with the Faculty of Engineering, King Mongkut’s Institute of Technology Ladkrabang, represented by Associate Professor Dr. Somyot Kiattiwanichwilai (Dean of the Faculty of Engineering) and Professor Dr. Uma Sibunruang (Head of the Department of Civil Engineering), to sign an academic cooperation agreement at the Engineering Innovation Development and Technology Service Center (EIDTs).

The collaboration aims to foster academic cooperation and facilitate various research studies to benefit both parties. Initiatives under this partnership include guest lectures by company experts for the university, support for construction site visits and laboratory testing, internships, and research projects for students focusing on developing construction systems and asphalt concrete products. These efforts seek to sustainably elevate excellence in academics, technology, industry, and the country’s road network.

Phitsanulok Plant was honored with the national “Disease-Free, Safe Workplace, Healthy Body and Mind Award 2024”

On December 20, 2024, Tipco Asphalt Public Company Limited, Phitsanulok Plant, was honored with the national “Disease-Free, Safe Workplace, Healthy Body and Mind Award 2024” (Gold Level) from Ministry of Public Health. The award was presented by Dr. Direk Khumpan, Deputy Director-General of the Department of Disease Control, Ministry of Public Health.

This award highlights the company’s commitment to adhering to sustainable development policies, focusing on enhancing the overall quality of life for its employees. This includes promoting physical and mental well-being, as well as preventing various risk factors such as workplace accidents, chemical hazards, and machinery-related incidents. The company is dedicated to creating a safe working environment and fostering sustainable happiness in the workplace.

In 2024, a total of 109 establishments received awards, divided as follows:

• Gold Awards: 71 recipients
• Silver Awards: 38 recipients

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.”

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.