Chemie Man targets 1.4 billion EBITDA by 2028 via AI and EV

Thansettakij•Economy•15m ago

Reader Briefing

Chemie Man aims for an EBITDA of over 1,400 million baht by 2028 through regional expansion and technology integration.

•Chemie Man completed the acquisition of Lime Master in July to increase market share in Thailand.
•The company targets an EBITDA exceeding 1,400 million baht and annual net profit over 1,000 million baht by 2028.
•Chemie Man is integrating AI and EV trucks to reduce long-term costs and enhance operational efficiency.
•The company currently ranks as the number one lime producer in the Indo-Pacific region and tenth globally.

Overview

•Chemie Man completed the acquisition of Lime Master in July to increase market share in Thailand.
•Chemie Man targets an EBITDA of more than 1,400 million baht and net profit of more than 1,000 million baht per year by 2028.
•Chemie Man is the number one lime producer in the Indo-Pacific region and the tenth largest globally.
•Chemie Man possesses limestone mining concessions in Thailand and Vietnam with over 150 million tons of raw material reserves.
•Chemie Man is transitioning to electric vehicles (EV), expecting to have 82 EV trucks by the end of the year, accounting for over 90% of total vehicle requirements.
•Chemie Man is investing in AI technology following the guidelines of the Board of Investment (BOI) to receive tax benefits and reduce long-term costs.
•Chemie Man reports that gross profit and net profit increased during the first six months of 2026, maintaining a target gross profit margin above 30%.

Full article content is available on the original source.

Read on Thansettakij (Thai Version)View in Google Translate

Source: Thansettakij (Original)

Key Quotes

M.L. Chantharachutha

"The company aims to drive continuous business growth, using technology to help manage costs efficiently while maintaining financial stability to create confidence and consistent, sustainable dividend returns."

บริษัทฯมุ่งที่จะขับเคลื่อนธุรกิจให้เติบโตอย่างต่อเนื่อง นำเทคโนโลยีมาช่วยบริหารจัดการต้นทุนอย่างมีประสิทธิภาพ ควบคู่ไปกับการรักษาฐานะทางการเงินให้มีความมั่นคง เพื่อสร้างความเชื่อมั่นและผลตอบแทนจากเงินปันผลที่สม่ำเสมอและยั่งยืน

Key Entities

Organization

Chemie Man(เคมีแมน)

A lime producer ranked first in the Indo-Pacific region and tenth globally.

Lime Master

An entity acquired by Chemie Man in July to increase market share in Thailand.

Board of Investment (BOI)(สำนักงานคณะกรรมการส่งเสริมการลงทุน หรือบีโอไอ (BOI))

The government agency whose guidelines Chemie Man follows for AI investment to receive tax benefits.

Person

M.L. Chantharachutha(ม.ล.จันทรจุฑา)

A representative of Chemie Man who discussed the company's growth and technology strategies.

Place

Thailand(ประเทศไทย)ℹ️

A country where Chemie Man operates and holds limestone mining concessions.

Vietnam(เวียดนาม)ℹ️

A country where Chemie Man holds limestone mining concessions.

India(อินเดีย)ℹ️

A market Chemie Man is expanding into.

Indonesia(อินโดนีเซีย)ℹ️

A market Chemie Man is expanding into.