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.[]
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.
Thai sugar producers: listed and private comparison
Khon Kaen Sugar (KSL)
Structure
Listed (SET)
Est. Thai output share
Additional segments
Regional (Laos, Cambodia, China, Australia)
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
| Producer | Structure | Est. Thai output share | Additional segments |
|---|---|---|---|
| Mitr Phol | Private | ~25-30% | Ethanol, bioplastics, power |
| Khon Kaen Sugar (KSL) | Listed (SET) | ~10% | Regional (Laos, Cambodia, China, Australia) |
| Thai Roong Ruang (TRR) | Private | ~10% | Ethanol, export |
| Buriram Sugar (BRR) | Listed (SET) | ~5% | Palm oil refining (south Thailand) |
| Thai Sugar Miller (TSMC) | Listed (SET) | ~5% | Regional export |
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
| Source | Publisher | Grade | As of |
|---|---|---|---|
| Buriram Sugar (SET: BRR) FY2024 Form 56-1 | Buriram Sugar PCL | Primary | 2025-03-31 |
Reports featuring this profile
Mitr Phol Sugar: World's #5 Sugar Producer and the Vongkusolkit Family Empire
SET-listed Vongkusolkit-affiliated.
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Sits alongside 4 other Atlas profilesThailand Sugar Market Intelligence
Listed Thai northeast sugar, southern palm oil diversification producer.
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Sits alongside 3 other Atlas profilesThailand Sugarcane Ethanol Deep Dive
Buriram Sugar listed sugarcane, ethanol.
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Sits alongside 3 other Atlas profilesThailand Cassava & Tapioca Starch Export Deep Dive
Buriram Sugar, ethanol peer; Northeast region overlap.
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Sits alongside 4 other Atlas profilesThailand Biomass & Biogas Power VSPP Deep Dive
Buriram Sugar bagasse cogen.
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Sits alongside 6 other Atlas profiles