Company History
The amalgamation on 31st October 2017 led by the BCP committee no, 11/2560 and from the committee of KSL no. 6/2559-2560 on 19th July 2017, conquered the decision to acquire (1) BBH Holding Limited (“BBH”), a former BCP’s associated with shareholding percentage of 100.0. While BBH owns 85.0 percent, 70.0 percent, and 21.3 percent, consecutively for the shares of BBE, BBF, and Ubon Bio Ethanol public company limited (“UBE”). (2) KSLGI, a former subsidiary company of KSL, in which KSL owned 100.0 percent. The ultimate shareholding by KSLGI in KGI’s was aligned with a plan to become partnership in business of Bio-Based between BCP and KSL. The company had registered capital 2,532.00 million Baht. 253.20 million unit of this amount were common shares with value per unit of 10.0 Baht. BCP and KSL each owned the percentage of share 60.0 and 40.0, respectively.
The group company performed through Holding Company within the business of Biofuel, production and distribution of Ethanol, Biodiesel, By-product, and other business associated with the aforementioned. In present, the group company is a shareholding of KGI, BBE, and BBF with the shares of 100.0 percent, 85.0 percent, and 70.0 percent of the paid-in capital of these companies, respectively. Furthermore, the group company acquired 21.3 percent of UBE’s paid-in capital. Considering the total production capacity of Biofuel from the subsidiary companies and the associate, we will have more than 1,000,000 liters/day of Ethanol and 1,000,000 liters/day of Biodiesel. Production capacity per share is 625,121 liters/day of Ethanol and 700,000 liters/day of Biodiesel.
The group company operated the Biofuel business since 2004 with the alternated of structure later in October 2017 the notable mentioned developments listed below.
2018
2017
2016
2015
2014
2013
2012
2011
2009
2008
2006
2005
2004
2019
April :
- During the meeting of UBE on 9th April 2018, the consensus led to register company for public company limited with an increment of registered capital, sold common share to the public for the first time (IPO).
- During the meeting of BCP on 25th April 2018 agreed to dispense and sell common shares of BBGI to committee, board, employee of BBGI and its associated companies (ESOP). This was aligned upon the announcement of The Capital Market Supervisory Board no. 32/2551 subjected to the distribution of assets to committee or employee (with amended sections).
- The meeting of shareholders of BBGI on 25th April 2018 with the following agreements.
- Transformed the company into the public company limited with renew the title to BBGI limited (public company).
- Adjusted the common shares from 10.0 Baht per unit to 5.00 Baht. The common share increased from 253.20 million shares to 506.40 million shares.
- Increased registered capital within 1083.00 million Baht, shifted the total registered capital of 2,532.00 million Baht to 3.615.00 million Baht. Sold common shares not more than 216.60 million shares, worth 5.00 Baht per unit to the public for the first time (IPO).
- Distributed the common shares not over 216.60 million shares, worth 5.00 Baht per unit for IPO with inclusion of the followings but not limited to (I) shareholders of BCP and KSL specified to those who were eligible for this distribution. (II) Committee, management board, and employee of the companies and its associates (ESOP). These aligned with agreement upon the meeting of shareholder of BCP on 25th April 2018, and to (III) the public.
- BBF informed that the production capacity increased from 810,000 liters/day to 930,000 liters/day to the Ministry of Energy, Department of Energy Business.
June :
- UBE withdrawn the request to dispose and sell the common shares to public (IPO) with The Securities and Exchange Commission, Thailand.
July :
- During the meeting of BBGI on 16th July 2018, the propositions were listed regards IPO below
(I) Shareholders of BCP and KSL specified to those who were eligible for this distribution not more than 25.0 percent of common share sold this time.
(II) The public included committee, management board, and employee of the companies and its associates (ESOP) were eligible for not less than 75.0 percent. Importantly, the common shares sold to (II) were subjected to the agreement of BCP's meeting on 25th April 2018
June :
- BCP dispensed investment into BBE, BBF and UBE with given the common shares ratio of 85.0, 70.0 and 21.3 percent to BBH (associated company of BCP, in which BCP owned 100.0 percent of share). This was under the plan to restructure Bio-based business of BCP.
July :
- During the meeting no. 11/2560 of BCP and no. 6/2559-2560 of KSL on 19th July 2017 led to the amalgamation between BBH (BCP owned 100.0 percent of share) with KSLGI (KSL owned 100.0 percent of shares).
- The committee of KSL during the meeting no. 6/2559-2560 on 19th July 2560 agreed to withdraw the plan of IPO and register KSL in The Stock Exchange of Thailand. This was resulted from KSL and BCP's amalgamated and how shares distributed upon the agreement. This was aligned with the partnership plan for Bio-based business between these two companies.
- KSL invested into KGI, given 100.0 percent of common shares to KSLGI (associated company where KSL owned 100.0 percent shares under the acquisition plan).
October :
- The amalgamation between BBH and KSLGI on 31st October 2017 with the registered capital of 2,532.00 million Baht, 253.20 million common shares worth 10.00 Baht per unit. BCP and KSL owned 60.0 and 40.0 percent of shares, respectively.

May :
- BBF registered as a company on 2nd May 2016 with the registered capital of 1.00 million Baht, 0.01 million common shares worth 100.0 Baht per unit. BCP owned the 85.0 percent of shares upon the agreement between BCP and Sima (company)
- BBE engaged in the contract of sale with Sima in order to acquire complete assets in production and distribution of Ethanol, including the authorization right from Sima.
June :
- During the meeting no. 7/2559, the consensus among KGI's committee was to dispense the assets in production of organic fertilizer to KMS (company), the associated company of KSL where KSL owned 100.0 percent of stack.
July :
- The BBF's second biodiesel factory commercially produced and sold with the production power of 450,000 liters/day. Combining both refineries, BBF produced more than 810,000 liters/day of biodiesel.
- BBE increased registered capital to 499.00 million Baht, 4.99 million common shares worth 100.00 Baht per unit. In conclusion, BBE had registered capital of 500.00 million Baht.
October :
- BBE commercially operated Ethanol refinery at Sanam Chai Khet and Phanom Sarakham, Chachoengsao after transferred the authorization from Sima. With production capacityof 150,000 liters/day using raw Cassava and chips as main ingredients.
- BBE registered for the oil trader under section 10
- During the meeting no. 2/2559, the consensus among KGI's shareholders on 10th October 2016 was to transform the company into a public company on 12th October 2016 and renew its title to KGI. In addition of the plan to expose and sell the common shares to public (IPO) and to register KGI into The Stock Exchange of Thailand.
July :
- During the meeting no. 4/2558, the consensus among BBF’s committee was to invest in Pilot Plant for paraffin production as the Phase Change Materials (PCMs).
July :
- During the meeting no. 4/2557, the consensus among BBF’s committee was to invest in second Biodiesel refinery with the production capacity of 450,000 liters/day and from PFAD to Biodiesel with capacity of 55,000 liters/day.
February :
- Bo Ploy factory condensed used water from Ethanol production process to biogas, which later sold to sugar electricity factory in Khon Kaen.
- BBF improved the De-Bottleneck production procedure to increase production capacity of Biodiesel factory to 360,000 liters/day.
February :
- Bo Ploy factory condensed used water from Ethanol production process to biogas, which later sold to sugar electricity factory in Khon Kaen.
November :
- BBF registered for the oil trader under section 7
February :
- BCP invested in common shares of UBE with the amount of 583,000 units or equivalent to 21.3 percent of total share. UBE produced and distributed Ethanol refined from raw Cassava and its strip. The total production capacity has reached 400,000 liters/day for the Na Yia factory in Ubon Ratchathani province. UBE also owned 100.0 percent of stake in other subsidiary companies (1) UAE with the production and distribution of Cassava flour (2) UBG with the production and distribution of biogas and electricity and (3) NPE with the same business of UBG.
December :
- KGI operated the commercial factory at Bo Ploy with capacity of 200,000 liters/day producing from Molasses and sugarcane juice.
- Bo Ploy factory manufactured commercial organic fertilizer with the main source of used water in the process of Ethanol production and left over debris in sugar factory.

December :
- BBF operated the commercial factory for Biodiesel production at Bang Pa-In, Phra Nakhon Si Ayutthaya province with the production capacity of 300,000 liters/day and the by-product (Glycerin) 30,000 kilograms/day using Palm oil as main ingredient.
March :
- BBF registered as a company on 12th March 2008 with the registered capital of 281.50 million Baht, 2.815 common shares worth 100.0 per unit. BCP owned the 70.0 percent of shares while UAC owned the rest. The business focused on production and distribution of Biodiesel, Glycerin, and the by-product
July :
- KGI increased the registered capital and paid-in shares to 450.00 million Baht, 45.00 million common shares worth 10.00 per unit. As a consequence, KGI had total registered and paid-in shares of 610.00 million Baht.

January :
- KGI operated the commercial operation at Nampong factory with the production capacity of 150,000 liters/day using Molasses and sugarcane juice as raw material. KGI had been one of the recent companies that was authorized to refine alcohol to solute fuel oil from the Ministry of Industry.
February :
- KGI registered as the oil trader under section 10 of Fuel Trade Act, 2000 (Oil trader section 10). Nampong factory manufactured commercial organic fertilizer with the main source of used water in the process of Ethanol production and left over debris in sugar factory.
March :
- KGI gained permission from the nation Ethanol board for increasing Ethanol production to 85,000 liters/day but not exceeding 150,000 liters/day.
February :
- KGI (former known as Khon Kaen Alcohol Limited) registered as a company on 3rd February 2004 with the registered capital of 1.00 million Baht, 0.10 million common shares with value of 10.00 Baht per share. KSL owned 100.0 percent of shares for production of Ethanal from Molasses, sugarcane, and etc.
July :
- KGI increased the registered capital to 159.00 million Baht, 15.90 million common shares at 10.00 Baht per share. In total KGI had registered capital of 160.00 million Baht (1.00 million Baht added to form number).
January :
- โรงงาน KGI สาขาบ่อพลอย ขยายกำลังการผลิต จาก 200,000 ลิตรต่อวัน เป็น 300,000 ลิตรต่อวัน
April :
- บริษัท ชะลอการเสนอขายหุ้นให้แก่ประชาชนทั่วไปเป็นครั้งแรก (IPO) เนื่องจากสถานการณ์ตลาดและเศรษฐกิจไม่เอื้ออำนวย