SugarCompanies & operators

Buriram Sugar

Buriram Sugar (SET: BRR) is a listed Thai sugar producer with northeast (Buriram) cane base, southern palm oil diversification. Founded 1964. Integrated cane, sugar, ethanol, biomass power, palm oil refining. Dual agri-commodity exposure (sugar, palm) differentiates vs pure-sugar peers.

Snapshot

Headline numbers a buyer checks first.

FY2024 revenue

~THB 8-12B

FY2024

Ticker

SET: BRR

Listed 2014

Sugar output share

~5% Thai production

FY2024

Diversification

Sugar, ethanol, biomass power, palm oil

Ongoing

What this company actually does

BRR operates northeast cane, sugar, ethanol, biomass power, southern palm oil refining. Buriram base for sugar; southern Thailand for palm. Dual agri-commodity diversification reduces single-crop cycle risk.[]

Competitive set: Mitr Phol, KSL, TRR, KBS (sugar); palm oil peers separate. BRR differentiates on dual-commodity exposure, northeast cane belt focus.[]

BRR FY2024 56-1
Data as of: FY2024

Watchpoints

Northeast cane yield

Drought, weather, planted area.

Palm oil contribution

Southern Thailand refining margin.

Ethanol, biomass power

Downstream diversification.

Dual-commodity cycle

Sugar vs palm margin hedge.

Business model and dual-commodity structure

Core

Northeast cane belt — Buriram base

BRR's sugar operations are anchored in Buriram province, a major sugarcane-growing belt in Thailand's northeast. Crushing capacity and nearby farmer relationships form the local franchise. Cane supply is affected by rainfall, drought, and farmgate pricing under OCSB's 70/30 farmer-miller revenue-sharing formula.

Downstream

Ethanol, biomass power — cane byproducts

Like most integrated Thai sugar producers, BRR extracts ethanol from molasses and generates biomass power from bagasse. These downstream streams partially offset low-sugar-price cycles, providing revenue diversification within the same cane raw-material input.

Diversification

Southern palm oil — second commodity

BRR's palm oil refining business in southern Thailand is the defining differentiator from pure-sugar peers. Crude palm oil (CPO) refining and palm-kernel processing provide a second commodity-price cycle exposure, partially uncorrelated with sugar.

Listed access

SET: BRR — small-cap sugar proxy

BRR is a small-to-mid cap SET-listed stock providing direct exposure to Thai sugar, ethanol, palm-oil commodity cycles. Listed structure provides institutional access unavailable for Mitr Phol (the largest but private peer).

BRR FY2024 56-1, OCSB sugarcane data
Data as of: FY2024

Thai sugar producers: listed and private comparison

Mitr Phol

Structure

Private

Est. Thai output share

~25-30%

Additional segments

Ethanol, bioplastics, power

Khon Kaen Sugar (KSL)

Structure

Listed (SET)

Est. Thai output share

~10%

Additional segments

Regional (Laos, Cambodia, China, Australia)

Thai Roong Ruang (TRR)

Structure

Private

Est. Thai output share

~10%

Additional segments

Ethanol, export

Buriram Sugar (BRR)

Structure

Listed (SET)

Est. Thai output share

~5%

Additional segments

Palm oil refining (south Thailand)

Thai Sugar Miller (TSMC)

Structure

Listed (SET)

Est. Thai output share

~5%

Additional segments

Regional export

OCSB sugarcane statistics, company disclosures
Data as of: FY2024

Related Market profiles

Peers, parents, partners, agencies, and other Sugar actors.

Sources + data provenance

Every filing, filing-adjacent register, or trusted industry source cited in this profile.

Buriram Sugar (SET: BRR) FY2024 Form 56-1

Publisher

Buriram Sugar PCL

Grade

Primary

As of

2025-03-31

Auto-generated from the company source registry.
Primary filings are the first choice. Trusted industry research (Fitch, S&P, Moody's, Opensignal, GSMA, Omdia, JLL, Knight Frank, CBRE, Colliers, STR, etc.) is used for triangulation per SOP — never as the sole anchor.

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Buriram Sugar - Market Atlas · Insight