Company History
บริษัท อีสเทิร์นโพลีเมอร์ กรุ๊ป จำกัด (มหาชน) หรือ "อีพีจี"
บริษัท อีสเทิร์นโพลีเมอร์ กรุ๊ป จำกัด (มหาชน) (“บริษัท” หรือ “EPG”) ดำเนินธุรกิจในลักษณะการลงทุนในบริษัทอื่น หรือ Holding Company ปัจจุบัน EPG มุ่งเน้นการลงทุนในธุรกิจแปรรูปพลาสติกที่มีนวัตกรรมที่สร้างความแตกต่าง ได้แก่
1. ธุรกิจผลิตและจำหน่ายฉนวนยางกันความร้อน/เย็น
2. ธุรกิจผลิตและจำหน่ายอุปกรณ์ชิ้นส่วนและตกแต่งยานยนต์
3. ธุรกิจผลิตและจำหน่ายบรรจุภัณฑ์พลาสติก
4. ธุรกิจสนับสนุนอื่นๆ
5. ธุรกิจเพื่อการวิจัยและพัฒนา
6. ธุรกิจร่วมทุน
Milestones
the Vitoorapakorn Family founded Eastern Polymer Industry Co., Ltd. (Later transformed into Eastern Polymer Group Public Company Limited (EPG)). After succeeding in developing the technology to produce the thermal insulation by applying the formula and manufacturing technology created and occupied by the Vitoorapakorn Family. With the company’s product quality that is better than other general insulations, the business is continually growing. Nowadays, the Company sells the thermal insulation and its components under the brand “Aeroflex” worldwide.
the Company had joint ventured with Sumitomo Riko Co., Ltd., the Japanese company, and established Tokai Eastern Rubber (Thailand), Ltd. (TER) in order to produce anti-vibration rubber product for the car. In the same year, the Company also had joint ventured with Zeon Corporation and Toyota Tsusho Group from Japan in order to establish Zeon Advanced Polymix Co.,Ltd (ZAP) to produce the compound rubber mainly for manufacturing the rubber used in the car industry.
Company had expanded the business to manufacturing and distributing automotive parts and accessories. The Company began with designing, manufacturing, and distributing the bed liner that the Company developed and designed its installation technology with no drilling required, which the Company has patented such technology in countries around the world as well as in Thailand. This business is operated under the brand “Aeroklas”. Therefore, Aeroklas Co., Ltd. was established for the purposes of manufacture and distribution of bed liner; later on Aeroklas has expanded its variety of product to canopy, deck cover and side steps.
the Company had established Eastern Polypack Co., Ltd. (EPP) by acquiring assets of Thai Modern Plastic Industry Public Company Limited, in order to operate business in manufacture and distribution of plastic packaging under the brand “EPP”.
The EPG Innovation Center Co., Ltd. (EIC) was established in order to conduct the research and development for the subsidiaries of EPG. With the good potentiality of technology, EIC provides the services to analyze and test various products according to generally accepted international standards on rubber, plastic, metal, ceramics, packaging and automotive parts to other external companies.
In 2012, the company group was restructured to be listed on the Stock Exchange of Thailand; by which the Eastern Polymer Industry Co., Ltd. (Later transformed into Eastern Polymer Group Public Company Limited (EPG)) has changed its business operation to become the holding company.
In 2013, the Company was transformed to be public company to be listed in the Stock Exchange of Thailand, by increasing its registered capital from 2,100 million Baht to 2,800 million Baht; 700 million ordinary shares were offered for sale to the public. After this initial public offering, the Vitoorapakorn Family holds 75.0% of the shares.
In 2013, EPG celebrated the 35th anniversary of the Company.
In 2014, 700 million ordinary shares were offered for sale to the public at a par value of 1 Baht per share, at the offering price of 5.80 Baht per share. The total offering price was 4,060 million Baht. The Company has commenced trading on the Stock Exchange of Thailand on 24th December 2014.
In 2013, the Company was transformed to be public company to be listed in the Stock Exchange of Thailand, by increasing its registered capital from 2,100 million Baht to 2,800 million Baht; 700 million ordinary shares were offered for sale to the public. After this initial public offering, the Vitoorapakorn Family holds 75.0% of the shares.
In 2013, EPG celebrated the 35th anniversary of the Company.
In 2014, 700 million ordinary shares were offered for sale to the public at a par value of 1 Baht per share, at the offering price of 5.80 Baht per share. The total offering price was 4,060 million Baht. The Company has commenced trading on the Stock Exchange of Thailand on 24th December 2014.
In 2014/2015
In February 2015, Aeroklas Australia Pty. Ltd. (Aeroklas-AU), the subsidiary of the Company, acquired TJM Products Pty Ltd (TJM), the Australian company, in order to increase the distribution channel and to expand the business in various countries.
In 2015/2016 In May 2015, Aeroklas Co., Ltd., the subsidiary of the Company, has jointed investment to establish a subsidiary in Malaysia with LSF TECHNOLOGY SDN.BHD. for operating the manufacture and distribution of the product for many automotive companies in Malaysia. Aeroklas Co., Ltd. holds 70% of the registered capital of the new company, while LSF TECHNOLOGY SDN.BHD. holds 30% of the registered capital.
In 2015/2016 In May 2015, Aeroklas Co., Ltd., the subsidiary of the Company, has jointed investment to establish a subsidiary in Malaysia with LSF TECHNOLOGY SDN.BHD. for operating the manufacture and distribution of the product for many automotive companies in Malaysia. Aeroklas Co., Ltd. holds 70% of the registered capital of the new company, while LSF TECHNOLOGY SDN.BHD. holds 30% of the registered capital.
In 2017/2018
In December 2017, Aeroklas Australia Pty. Ltd ; the subsidiary of Aeroklas Co., Ltd., had signed on share sale agreement to acquires with 100% of Flexiglass Challenge Pty. Ltd. from Fleetwood Corporation Limited. Flexiglass operates pick-up truck parts and accessories distribution business in Australia where its currently has more than 100 distributors and dealers in their network. In addition, Flexiglass also owned 5 corporate stores.
In December 2017, Aeroklas Australia Pty. Ltd ; the subsidiary of Aeroklas Co., Ltd., had signed on share sale agreement to acquires with 100% of Flexiglass Challenge Pty. Ltd. from Fleetwood Corporation Limited. Flexiglass operates pick-up truck parts and accessories distribution business in Australia where its currently has more than 100 distributors and dealers in their network. In addition, Flexiglass also owned 5 corporate stores.
The year 2018/2019 (April 2018 – March 2019)
On November 2018, Aeroklas Company Limited, as a subsidiary of the Company, signed a joint venture agreement with Duys Engineering Group (Pty) Ltd. ("DEG") in South Africa, and Mr. Brian William Rogers, the executive of the subsidiary of the company, to jointly establish a new company named "Aeroklas Duys (Pty). Ltd." in South Africa.
On November 2018, Aeroklas Company Limited, as a subsidiary of the Company, signed a joint venture agreement with Duys Engineering Group (Pty) Ltd. ("DEG") in South Africa, and Mr. Brian William Rogers, the executive of the subsidiary of the company, to jointly establish a new company named "Aeroklas Duys (Pty). Ltd." in South Africa.
In 2019/2020
EIC and IMV (Thailand) Co., Ltd.sign collaborative agreement for co-research and development
- On November 2019, EIC inked a collaborative agreement with laboratory-operator IMV (Thailand) Co., Ltd. to further expand on thermal-shock, drop, dust, and water tightness testing
TJM to “Take the Lead,” launches in Thai market
- On December 2019, TJM Products Pty.Ltd. and S.V. Auto Tire Co., Ltd. joined forces to open the first TJM showroom in Thailand in Hat Yai, SongKhla - On February 2020 TJM Products Pty.Ltd. and Max-1 open the first TJM franchise store in Thailand Khonkaen
EIC and IMV (Thailand) Co., Ltd.sign collaborative agreement for co-research and development
- On November 2019, EIC inked a collaborative agreement with laboratory-operator IMV (Thailand) Co., Ltd. to further expand on thermal-shock, drop, dust, and water tightness testing
TJM to “Take the Lead,” launches in Thai market
- On December 2019, TJM Products Pty.Ltd. and S.V. Auto Tire Co., Ltd. joined forces to open the first TJM showroom in Thailand in Hat Yai, SongKhla - On February 2020 TJM Products Pty.Ltd. and Max-1 open the first TJM franchise store in Thailand Khonkaen
FY Year 20/21 (Apr 20 – Mar 21)
Aeroklas Company Limited, a subsidiary, to joint venture with Farplas Otomotiv A.S. Turkey to set up a corporate to Manufacturing and distributing Automotive and accessories products in Thailand
Dissolve of TJM Products MEA DMCC, the United Arab Emirates, a subsidiary, which operated selling accessories for 4 wheel drive cars and trucks. Due to evaluating the value of the investment, it was seen that the Company could reduce the administrative expenses of TJM in the Middle East by having Aeroklas Company Limited to manage the sale of products in that region instead.
The Board of Directors’ Meeting of Eastern Polymer Group Public Company Limited (the “Company”) No. 6/2020, convened on November 2020, resolve to approve Aeroflex Company Limited, a subsidiary, to increase the investment in APS, a subsidiary of Aeroflex from 40% to 100%. The incremental investment value 6.4 million Baht, which is agreement price with the original shareholder.
TJM Products Pty. Ltd. and SV.Autotire open TJM Passion, the new frenchise store in Songkla
The Board of Directors’ Meeting of Eastern Polymer Group Public Company Limited (the “Company”) No. 2/2021, convened on March 2021, resolve to approve Aeroklas Company Limited, a subsidiary, to set up TJM Asia Pacific Company Limited(New subsidiary). The newly set up company shall operate the distribution of Automotive parts and accessories under the brand of TJM in Thailand and Asia Pacific Region
Aeroklas Company Limited, a subsidiary, to joint venture with Farplas Otomotiv A.S. Turkey to set up a corporate to Manufacturing and distributing Automotive and accessories products in Thailand
Dissolve of TJM Products MEA DMCC, the United Arab Emirates, a subsidiary, which operated selling accessories for 4 wheel drive cars and trucks. Due to evaluating the value of the investment, it was seen that the Company could reduce the administrative expenses of TJM in the Middle East by having Aeroklas Company Limited to manage the sale of products in that region instead.
The Board of Directors’ Meeting of Eastern Polymer Group Public Company Limited (the “Company”) No. 6/2020, convened on November 2020, resolve to approve Aeroflex Company Limited, a subsidiary, to increase the investment in APS, a subsidiary of Aeroflex from 40% to 100%. The incremental investment value 6.4 million Baht, which is agreement price with the original shareholder.
TJM Products Pty. Ltd. and SV.Autotire open TJM Passion, the new frenchise store in Songkla
The Board of Directors’ Meeting of Eastern Polymer Group Public Company Limited (the “Company”) No. 2/2021, convened on March 2021, resolve to approve Aeroklas Company Limited, a subsidiary, to set up TJM Asia Pacific Company Limited(New subsidiary). The newly set up company shall operate the distribution of Automotive parts and accessories under the brand of TJM in Thailand and Asia Pacific Region
FY Year 21/22 (Mar 20 – Apr 21)
- TJM acquired additional corporate stores located in Hobart, Tasmania and Epping, Victoria TJM currently have 6 corporate store in Kewdale, Brendale, Wangara, O'Connor, Tasmania and Epping.
- On December 2021, Aeroklas Co., Ltd., which is a subsidiary, together with the other shareholders of Aeroklas Duys (Pty) Ltd, and the company registered in Thailand established a joint venture incorporated in South Africa, named ATD Alliance (Pty) Ltd. for manufacturing and distribute automotive parts and accessories in South Africa.
- The Board of Directors’ Meeting of Eastern Polymer Group Public Company Limited (the “Company”) No. 2/2022, convened on 17 March 2022, resolve to approve Aeroklas Australia Pty. Ltd, a subsidiary, to set up Aeroklas Europe BV (New subsidiary) in Netherlands. The newly set up company shall operate the distribution and warehouse services and also distribution of automotive parts and accessories in Europe for both OEM and aftermarket customers
TJM Epping
- TJM acquired additional corporate stores located in Hobart, Tasmania and Epping, Victoria TJM currently have 6 corporate store in Kewdale, Brendale, Wangara, O'Connor, Tasmania and Epping.
- On December 2021, Aeroklas Co., Ltd., which is a subsidiary, together with the other shareholders of Aeroklas Duys (Pty) Ltd, and the company registered in Thailand established a joint venture incorporated in South Africa, named ATD Alliance (Pty) Ltd. for manufacturing and distribute automotive parts and accessories in South Africa.
- The Board of Directors’ Meeting of Eastern Polymer Group Public Company Limited (the “Company”) No. 2/2022, convened on 17 March 2022, resolve to approve Aeroklas Australia Pty. Ltd, a subsidiary, to set up Aeroklas Europe BV (New subsidiary) in Netherlands. The newly set up company shall operate the distribution and warehouse services and also distribution of automotive parts and accessories in Europe for both OEM and aftermarket customers
TJM Epping
FY Year 22/23 (Apr 22 – Mar 23)
June 2022, TJM Products Pty.Ltd. (TJM) Australia change the name to Aeroklas Asia Pacific Group (AAPG) and restructure the business group to enhance collaboration among businesses and all brands in Australia in the future.
June 2025, Aeroklas Australia Pty. Ltd., acquired 100% stake in 4 Way Suspension Products Pty. Ltd Australia. The company manufacture vehicle parts in suspension products such as shock absorbers and other automotive parts and accessories for pick up truck.
June 2022, TJM Products Pty.Ltd. (TJM) Australia change the name to Aeroklas Asia Pacific Group (AAPG) and restructure the business group to enhance collaboration among businesses and all brands in Australia in the future.
June 2025, Aeroklas Australia Pty. Ltd., acquired 100% stake in 4 Way Suspension Products Pty. Ltd Australia. The company manufacture vehicle parts in suspension products such as shock absorbers and other automotive parts and accessories for pick up truck.
FY Year 23/24 (Apr 23 – Mar 24)
In November 2023, Aeroklas Asia Pacific Group Pty. Ltd., a subsidiary company, acquired the retail business operations of TJM from its franchisee, adding 5 more branches in Australia, bringing the total number of TJM branches to 12.
In November 2023, Aeroklas Asia Pacific Group Pty. Ltd., a subsidiary company, acquired the retail business operations of TJM from its franchisee, adding 5 more branches in Australia, bringing the total number of TJM branches to 12.
