- Business
- Chumporn Palm Oil Industry Public Company Limited (CPI.BK) manufactures and distributes palm oil products and by-products in Thailand. The company operates through three main segments: palm oil products, which include crude palm oil, crude palm kernel oil, refined bleached deodorized (RBD) palm oil, RBD palm kernel oil, RBD palm olein, palm stearin, palm fatty acid distillate, palm kernel fatty acid distillate, palm kernel meal, and pure palm wax; palm seeds, palm sprouts, and others, encompassing palm seeds, palm sprouts, palm seedlings, dolomite, palm fertilizer, and Trichoderma CPI plus (a plant immunity vaccine); and electricity, generated from biogas. It markets consumer oils in PET bottles, tins, and pouches under the LEELA brand and serves as an original equipment manufacturer for food, soap, margarine, shortening industries, and animal feed applications. CPI maintains its own palm plantations exceeding 20,000 rai, sources fresh fruit bunches from farmers in Chumporn and adjacent provinces, and uses advanced, environmentally friendly machinery compliant with international standards.
Founded on November 7, 1979, and listed on the Stock Exchange of Thailand since 1994, the company is headquartered at 296 Moo 2 Phetchakasem Road, Tha Sae, Chumphon 86140, Thailand, with a registered office at Lumpini Tower, Floor 30, 1168/91 Rama IV Road, Sathorn, Bangkok. Its subsidiaries include Rung Ruang Palm Oil Company Limited and Pathiu Plantation Company Limited. CPI primarily targets domestic markets through local department stores and online channels, focusing on agricultural, food processing, energy, and consumer segments within Thailand's palm oil industry.
In recent developments, CPI plans to invest in a new construction project, with board approval obtained in fiscal year 2024/2025 and expected commencement within December 2025. The company continues to emphasize sustainable practices as a Roundtable on Sustainable Palm Oil (RSPO) member and maintains regular financial disclosures, including management discussions for quarters ending March 31, 2024, June 30, 2024, and September 30, 2025. No major acquisitions, partnerships, or funding rounds were reported in the last 1-2 years, reflecting steady operational focus on core palm oil production and distribution.