TSIC Activity

10420

Manufacture of palm oil

ประกอบกิจการค้า การผลิตน้ำมันปาล์มดิบ รวมถึงน้ำมันเมล็ดในปาล์มดิบ การกลั่นน้ำมันปาล์ม และน้ำมันเมล็ดในปาล์มให้บริสุทธิ์

What this activity covers

This activity involves the production and refining of palm oil and its by-products.

  • Crude palm oil production — Production of unrefined palm oil
  • Palm kernel oil production — Production of crude palm kernel oil
  • Palm oil refining — Refining crude palm oil and palm kernel oil
  • Palm oil meal production — Production of residual products from oil production
  • Palm oil processing — Processing of palm oil and related products

What companies here also do

Seen in real company registrations under this code — beyond the official definition, so licensing may differ.

  • Agricultural product trading — Trading of agricultural products alongside palm oil

Industry at a glance

as of 23 ก.ค. 69

The whole registered industry under this activity, every registration year, from the DBD DataWarehouse.

211
active companies operate here
฿25.8Bregistered capital, combined
฿224.2B
Sector revenue · 2025
+38% since 2023
฿11.8B
Net profit · 2025
107 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
0%of new registered capital is foreign-held
฿0 foreign฿4.0M Thai

Based on few new registrations this year — read as a rough signal only.

1 of the 5 largest companies here are foreign-owned Thailand subsidiaries.

New in 2026

4-33.3%

registrations, YTD

Registered capital

฿25.8B-0.5%

since year-end

Largest by registered capital

  1. 1PPP GREEN COMPLEX PUBLIC COMPANY LIMITEDPrachuap Khiri Khan฿2.3B
  2. 2EA Palm Network Co., Ltd.Bangkok฿1.2B
  3. 3Absolute Products Co., Ltd.Bangkok฿1.1B

Source: Department of Business Development DataWarehouse. Financial figures are combined totals of companies that filed statements; revenue and profit shown for the latest three reporting years.

Companies registered since 2022

Browse all

New DBD registrations under this activity since 2022, the period the registry snapshot covers, not the full historical register.

34
Registered
since 2022
31
Still active
3
Dissolved
฿5.0M
Median capital
of active

New registrations per year

2022peak 9 in 20242026

Source: Department of Business Development (DBD) new-registration records, 2022 to present. Counts cover companies first registered in that window, reflect the latest snapshot load, and may lag the live register.

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