- CEO
- Orasa Vimonchalao
- Full Time Employees
- 200
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- 15/1 Rayong Highway No. 3191 Mueang Rayong RY Thailand 21150
- IPO Date
- Feb 14, 2017
- Business
- SiamEast Solutions Public Company Limited SiamEast Solutions Public Company Limited engages in the procurement, distribution, and servicing of industrial equipment and solutions for water, liquids, slurries, and related applications to factories primarily in Thailand. The company operates through five segments including Technology Business and Pump Systems, offering pumping systems and after-sales services such as installation, commissioning, repair, overhaul, and energy audits; Piping Process Management Business, providing design and installation of specialized pipes including galvanized steel coated with polyethylene, HDPE, PP-R, UPVC, CPVC, and glass reinforced epoxy, along with process equipment like pressure relief valves and filters; Innovative Materials Business, distributing corrosion-resistant pipes, valves under brands like Resistoflex and XOMOX, and equipment from DE DIETRICH Glass Lining; Service Business, encompassing hot, cold, sound insulation, floor coatings, pipe and tank repairs; and Power and Utilities Business, focusing on preventive maintenance contracts, energy efficiency via IoT and insulation, and related utilities. It serves industrial factories with 85% government and 15% private customers through subsidiaries and affiliates such as OKS Group Holding Co., Ltd. for investments, Kessel (Thailand) Co., Ltd. for specialized manufacturing and distribution, Utility Business Alliance Public Company Limited for water and environmental management treating over 600,000 cubic meters daily, and Lumi Solar Company Limited for solar farm developments. Founded in 1993 and headquartered in Mueang Rayong, Thailand, with additional offices in Bangkok and Songkhla, the company listed on the Stock Exchange of Thailand in 2017 after transitioning from MAI. Recent developments include a 2024 relocation to the main SET board to enhance business expansion and stability; 2023 capital increase to 339.73 million baht via new shares and cash dividends; 2022 associate Utility Business Alliance's public listing on MAI, diluting stake to 28.67%; and 2021 acquisitions boosting registered capital to 312 million baht, including 92.28% of Kessel (Thailand) and 99.997% of OKS Group Holding.