- Business
- NEP Realty and Industry Public Company Limited manufactures and distributes plastic packaging products in Thailand, including sack-type products such as plastic sacks, flexo-printed sacks, and gravure-printed sacks in sizes ranging from 5 to 70 kilograms for industries including animal feed, flour, fertilizer, sugar, chemicals, and ice; and soft flexible plastic products like pouches and bags. The company, founded in 1953 as North East Jute Mill Company Limited and headquartered at 41 Soi Phaholyothin 5 (Ratchakhru), Phaholyothin Road, Samsennai, Phayathai, Bangkok, listed on the Stock Exchange of Thailand in 1987 as Thailand's first privatized state enterprise and re-registered as a public limited company in 1994. It operates primarily through manufacturing and sales of packaging alongside an investment segment, with its facility in Nava Nakorn Industrial Promotion Zone, Nakhon Ratchasima Province; in recent developments, NEP ceased in-house production of plastic sacks and flexible packaging on February 23, 2024, and acquired the business of Vava Z Co., Ltd. on June 30, 2024, to distribute VAVA Z brand products focused on circular upcycling, with revenue recognition starting July 1, 2024, and approved new product launches including ziplock bags and other packaging on September 18, 2025 to diversify revenue and target THB 100 million annually.