Siam Cement Public Company

Siam Cement Public Company Limited, established in 1913 and headquartered in Bangkok, Thailand, is a leading conglomerate engaged in various sectors including cement, building materials, chemicals, packaging, and investments across Thailand and several other countries, such as Vietnam, Indonesia, and China. The company operates through four main segments: the Cement-Building Materials Business, which produces grey cement, ready-mixed concrete, roof tiles, and sanitary wares; the Chemicals Business, which focuses on manufacturing olefins and polyolefins; the Packaging Business, involved in producing paper and plastic packaging products; and an Other segment that invests in automotive parts and steel, among other services. Siam Cement has built a reputation for good corporate governance and sustainable practices, adapting and evolving over its century-long history to maintain its position as a key player in the ASEAN region. The majority of its revenue is generated within Thailand, reflecting its strong domestic presence.

Thammasak Sethaudom

Director

16 past transactions

Rondo Energy

Series B in 2023
Rondo Energy specializes in providing zero-carbon industrial heat through its innovative Rondo Heat Battery. This technology captures low-cost renewable electricity and converts it into continuous high-temperature heat, enabling industrial clients to power their operations while significantly reducing energy costs and eliminating carbon emissions. By focusing on renewable energy management, Rondo Energy aims to facilitate the decarbonization of industrial processes, making sustainable energy solutions more accessible and effective for various sectors.

Seekmi

Acquisition in 2023
Seekmi is an online platform that connects customers in Southeast Asia with local service providers, offering a range of home care services. The platform allows users to easily search for and find trained, experienced, and certified technicians for various technical services. Customers can send service requests, compare prices, view provider profiles, and read user reviews, facilitating a seamless hiring process for on-demand home services. By streamlining the connection between service providers and customers, Seekmi aims to simplify the way individuals access essential services in their local communities.

Sublime Systems

Series A in 2023
Sublime Systems specializes in decarbonizing cement through innovative technology that co-produces green hydrogen while significantly reducing emissions. The company employs an electrochemical process powered by clean, renewable energy, effectively eliminating carbon dioxide emissions without altering the cement's properties or chemistry. This approach allows builders and consumers to actively participate in the transition towards a sustainable and renewable future.

Concrete4Change

Pre Seed Round in 2022
Concrete4Change is an R&D company focused on developing innovative technology to capture and permanently mineralize carbon dioxide in concrete. This approach not only enhances the strength of the concrete but also aims to transform the construction industry from a major source of greenhouse gas emissions into a solution for carbon sequestration. The company has received recognition for its efforts, including the United Nations Most Innovative Net-Zero Technology award at COP26 and the Royal Academy of Engineering Enterprise Award. Concrete4Change is committed to removing 2 billion tonnes of CO2 emissions from the concrete industry by 2040, positioning concrete as a viable and effective carbon sink.

ZiFiSense

Series B in 2022
ZiFiSense is a telecommunications company focused on developing ZETA, a distributed, low-cost, low-power wide area network (LPWAN) designed to facilitate connected intelligence for a variety of applications. The company enhances large-scale industrial Internet of Things (IoT) solutions by enabling real two-way communication through an innovative design that integrates ‘Mesh Access’ and ‘Virtual OFDMA’. This technology allows for efficient data collection and control of numerous wireless sensors using a single ultra-narrow band (UNB) channel, making it effective in diverse environments ranging from busy urban areas to remote locations. In addition to its networking solutions, ZiFiSense engages in research and development of telecommunication hardware, server platforms, wireless protocols, and software algorithms, thereby providing robust IoT infrastructure to its clients.

ZiFiSense

Series B in 2022
ZiFiSense is a telecommunications company focused on developing ZETA, a distributed, low-cost, low-power wide area network (LPWAN) designed to facilitate connected intelligence for a variety of applications. The company enhances large-scale industrial Internet of Things (IoT) solutions by enabling real two-way communication through an innovative design that integrates ‘Mesh Access’ and ‘Virtual OFDMA’. This technology allows for efficient data collection and control of numerous wireless sensors using a single ultra-narrow band (UNB) channel, making it effective in diverse environments ranging from busy urban areas to remote locations. In addition to its networking solutions, ZiFiSense engages in research and development of telecommunication hardware, server platforms, wireless protocols, and software algorithms, thereby providing robust IoT infrastructure to its clients.

Builk

Series B in 2021
Builk Asia Co., Ltd. is a Bangkok-based company that specializes in providing construction project management software solutions. Founded in 2009, Builk offers tools such as CostControl, which enables users to manage project budgets and create essential construction documents like RFQs, POs, and invoices in a cloud environment. This software also allows project managers to access real-time reports on project summaries, costs, and income. Additionally, Builk's SiteWalk feature facilitates instant communication and issue resolution among project teams, enabling collaboration with both internal and external stakeholders. By integrating these functionalities, Builk streamlines the construction process, allowing companies to enhance efficiency and maintain better financial oversight.

Black Bear Carbon

Venture Round in 2021
Black Bear Carbon BV specializes in converting waste tires into carbon black and green energy, operating primarily in the Netherlands and internationally. Founded in 2010 and based in Nederweert, the company utilizes a circular economy model to transform end-of-life tires into sustainable products. Its carbon black, a form of elemental carbon produced through controlled pyrolysis and partial combustion, is employed in various applications, including tires, technical rubber products, plastics, and paints. Additionally, Black Bear Carbon powers its tire shredding operations with electricity generated on-site, while also supplying excess energy to local industries and grids. By providing a renewable resource that reduces reliance on oil and lowers carbon dioxide emissions, the company promotes environmentally friendly practices in the manufacturing sector.

Go-Pak UK

Acquisition in 2021
Go-Pak UK is a privately owned company that operates as part of the Go-Pak Group of Companies. It specializes in manufacturing disposable products and packaging for various sectors, including foodservice, cash and carry, and retail. The company's product range includes coffee cups, food containers, paper straws, portion pots, glasses, tumblers, and cutlery, which are designed to meet the needs of its global customers.

Setpoint.ai

Seed Round in 2019
Setpoint.ai, formerly known as Zero Energy Solutions Ltd, is an Israeli company established in 2015 and located in Bnei Brak. The company specializes in developing a climate intelligence platform that leverages Internet of Things (IoT) and artificial intelligence (AI) technologies to provide smart and scalable energy solutions. Setpoint.ai offers autonomous room energy optimizers that can be easily installed, connecting energy consumers to a comprehensive Energy Intelligence platform. Their system comprises smart controllers and sensors that wirelessly communicate with a cloud-based software, utilizing big data analysis and advanced algorithms to automatically optimize energy consumption while ensuring user comfort.

FajarPaper

Acquisition in 2019
FajarPaper is a packaging paper manufacturer in Indonesia with an installed capacity of 1,300,000 metric tons per year.

Black Bear Carbon

Venture Round in 2018
Black Bear Carbon BV specializes in converting waste tires into carbon black and green energy, operating primarily in the Netherlands and internationally. Founded in 2010 and based in Nederweert, the company utilizes a circular economy model to transform end-of-life tires into sustainable products. Its carbon black, a form of elemental carbon produced through controlled pyrolysis and partial combustion, is employed in various applications, including tires, technical rubber products, plastics, and paints. Additionally, Black Bear Carbon powers its tire shredding operations with electricity generated on-site, while also supplying excess energy to local industries and grids. By providing a renewable resource that reduces reliance on oil and lowers carbon dioxide emissions, the company promotes environmentally friendly practices in the manufacturing sector.

Tin Thanh Packaging Joint Stock Co (BATICO)

Acquisition in 2015
Tin Thanh Packaging Joint Stock Co (BATICO) is manufactures flexible plastic packaging products. The company offers flower, seal, stand up, refill, and fruit and vegetable pouches; and reel type products. It serves customers in Vietnam and internationally.

Norner Holding AS

Acquisition in 2014
Norner Holding AS is a provider of research, development, and material testing services primarily for polymer producers and various industries, including consumer goods, packaging, healthcare, energy, infrastructure, and petrochemicals. The company specializes in material testing and chemical analysis, offering a range of services such as investigations, characterization, and cost reduction programs. Norner also focuses on creating added value through innovation and provides training, seminars, and support for funded projects. Its expertise serves sectors like oil and gas, contributing to advancements in material performance and application.

Prime Group

Acquisition in 2012
PRIME established in 1999 with its first factory in Vinh Phuc. Today is recognized as one of the leading manufacturers in the field of ceramics , tiles and water heaters in Vietnam and the ASEAN region, with over 4,400 employees and 16 subsidiaries of Prime Group. PRIME gives customers ample ideas present in these products face bricks , tiles and water heaters ; all are products of advanced technology applications designed to excel and the latest trends. Over the years we have always dedicated pursuit of quality, service, trust and maintain this direction to maintain, improve and enhance the quality standards of products and services. Choice of energy-saving practices and the application of advanced technologies is how we express an interest in the environment and are ready for a fun work environment for all employees. The certification standards of international management system and the quality of products such as: ISO 50001: 2011 (Energy Management System), ISO 14001: 2004, OHSAS 18001: 2007, ISO 13006: 1998, TIS ( Thailand standard), BS EN 14411: 2006 (European standard), MS SIRIM (standards Malaysia), ... was given to the factory of us. All of which are helping us to implement sustainable development and provide better solutions for the environment. View and download company profile here. Prime 2016 Vision "To become a leading corporation offering products and services in the field of building materials , a corporate governance model in transparency and sustainable development. The first priority is our personal attention to each sticking to business operations of the group, always respected the criteria safety, health and environment , bringing fairness to customers and the dong's folk remedy.We ancient promise to always strive for excellence to become good citizens of the country . "

PT Boral Indonesia

Acquisition in 2012
PT Boral Indonesia operates as a producer of cement. The company also makes concrete precasts and pipes. The company produces Jayamix-brand ready-mixed concrete.
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