Sahaviriya Steel Industries PLC

history

History


Year 2015

April
  • SSI received Certificate of ESG100 Company, launched by Thaipat Institute, on 24 April 2015. 
July
  • SSI received Thailand Outstanding Company Award for Safety, Occupational Health and Working Environment 2014 for 4 consecutive years, on 2 July 2015. 
  • SSI received the National Outstanding Industrial Establishment Award in Labour Welfare/Relations Category for 15 consecutive years, on17 July 2015. 
August
  • Prime Minister Industry Award 2015 for Outstanding Safety Management and Quality Management , on 23 August 2015. 
October
  • Level 4 (Certified level) for Anti-Corruption Progress Indicator of Thai Listed Company 2015, on 20 October 2015. 
  • Outstanding Score for Corporate Governance Report of Thai Listed Companies (CGR) 2015, on 28 October 2015. 
December
  • Sustainability Report Award 2015 Recognition Category, on 15 December 2015. 

 

Year 2014

February
  • SSI UK reached 5 Million Tonnes Slab Production on 22 February 2014. 
July
  • SSI received Thailand Outstanding Company Award for Safety, Occupational Health and Working Environment 2014 for 3 consecutive years, on 9 July 2014. 
  • SSI was assessed to be in the highest score group of the Annual General Meeting Checklist 2014 (AGM Checklist), with 98.93% score, on 17 July 2014. 
August
  • SSI received the National Outstanding Industrial Establishment Award in Labour Welfare/Relations Category for 14 consecutive years, on 20 August 2014. 
September
  • SSI received ASEAN Energy Awards 2014 under the Large Industry Category of the ASEAN Best Practices Energy Management for Building and Industries, which is the first award in ASEAN standard, on 24 September 2014. 
October
  • SSI received an honorable plate for excellent CSR on 3 October 2014. 
November
  • SSI received CSRI Recognition Award 2014 on 19 November 2014. 
  • SSI received Thailand Energy Awards 2014 for Outstanding Designated Factory in Energy Conservation on 21 November 2014. 
  • SSI received Prime Minister Industry Award 2014 for Outstanding Productivity Category, on 26 November 2014. 
December
  • SSI received 83% score for Corporate Governance Report of Thai Listed Companies 2014 (CGR), with “excellent” standard in shareholder rights category, fair treatment to shareholders category and transparency category, on 15 December 2014. 
  • SSI received an EIA Awards (Excellent Organization by Environment Impact Assessment Standard Awards 2014 on 17 December 2014. 

 

Year 2013

January
  • SSI UK achieved 2 million tons of slab production on 31st January 2013. 
February
  • SSI reached highest daily HRC production of 13,021 tons on 21st February 2013. 
  • SSI marked the highest record with 28 million tons of cumulative HRC production on 8th February 2013. 
April
  • SSI Hits New-high Record on HRC Production at 770,408 tons in Q1/13, Posts top Quarterly shipment 706,833 tons on 3 April 2013 
May
  • SSI received the Outstanding Award for Safety, Occupational Health and Environment 2013. 
  • SSI UK set a new daily production record on 7th May, with an output of 10,168 tonnes of slabs cast during the 24 hour period. 
July
  • SSI HRC output reaches 29 Million Tons 
August
  • SSI UK breaks new ground in daily steel production 11,432 tonnes of steel slabs on 6th August 2013 
September
  • SSI receive Bronze Awards for “Zero Accident Campaign 2013” 
November
  • SSI receive SET Awards 2013 for Outstanding CSR 
  • SSI receives CSRI Recognition 

Year 2012

March
  •  

    SSI has achieved 26 million tons of accumulated HRC production on 19th March 2012.

June
  • SSI received the Outstanding Award for Safety, Occupational Health and Environment 2012. 
  • First 48,000 tons of SSI UK steel slab shipment arrived Thailand on 16th June 2012. 
September
  •  SSI achieved the highest record of 12,449 tons daily HRC production on 20th September 2012.
  •  SSI received Outstanding Labour Welfare/Relations Award for 10 consecutive years.
October
  •  SSI, JFE Steel Corporation or “JFE” and Marubeni-Itochu Steel Inc. or “MISI” signed PARTNERSHIP AGREEMENT. JFE and MISI invested USD25 million each (USD 50 million in total) in subscribing SSI new ordinary shares at the price of 0.68 baht per share under SSI’s Comprehensive Financial Plan.

Year 2011

February
  • SSI signed a deal to acquire UK’s Teesside Cast Products, a fully integrated iron-and-steel making facility for USD 469 million on 24th February 2011. 
  • SSI received CSR DIW Continuous Awards. 
April
  • SSI received PM Awards 2011 for Energy Management. 
September
  • SSI received the honorary and national awards for labour relations and welfare for 5 consecutive years ( 2007-2011). 

Year 2010

February
  • SSI recorded highest daily HRC Production at 11,305 tons on 3rd February 2010. 
March
  • SSI hit a new record of monthly HRC shipment at 254,365 tons. 
April
  • SSI made new-high record of monthly HRC production with 286,607 tons – top quarterly shipment 679,049 tons in Q1 among Thai steel companies. 
May
  • Bureau Veritas BV guarantees quality of SSI’s Hot Rolled Coil – boosted confidence of strong and clean steel’s customers. 
July
  • SSI received the Outstanding Recreation Award. 
  • SSI won Outstanding Industrial Award on Logistics. 
November
  • SSI’s sales reached 2 million tons of yearly cumulative sales. 

Year 2009

April
  •  SSI received the Samakunupakran honorary coin and the Certificate of honor from the Ministry of Education.
May
  •  SSI received the Thailand Energy Awards 2009 in the category of Outstanding Responsible Person of Designated Factory in Energy Conservation.
July
  •  SSI received the Outstanding Industrial Award of 2009 for Productivity.
  •  SSI celebrated the successful production of up to 20 million tons of hot-rolled steel sheet in coils, the nation’s first company that reached this highest level.
September
  •  SSI received a token of appreciation and certificate on compliance with Corporate Social Responsibility standards (CSR-DIW).
  •  SSI received 2009 National Outstanding Industrial Establishment Award in Labor Welfare/Relations Category.
October
  •  SSI receives TIS 8001-2003 completion level..
  •  SSI’s Made New Highest Record on HRC Production at 10,736 Tons/Day.

Year 2008

February
  •  SSI enhanced its product with thinnest thickness of 0.80 mm.
June
  •  SSI received The Prime Minister's Industry Award 2008 for Environmental Management.

Year 2007

January
  •  Announced its vision
  • “ Market Leader of High-Grade Steel Sheets in ASEAN, Creating Sustainable Value for Stakeholders”
May
  •  SSI received The National Award in Safety, Occupational Health, and Workplace Environment.
  • (for the seventh consecutives year)
  •  SSI was granted The Prime Minister's Industry Award 2007 for Quality Management.
September
  •  SSI was awarded The Outstanding Business for Labour Relations & Welfare and Benefits 2007.
November
  •  SSI enhanced its product with thinnest thickness of 0.87 mm.
December
  •  SSI received Board of the Year Awards 2006/07 for Distinctive Practices

Year 2006

April
  •  SSI received ISO14001: 2004 certificate.
May
  •  SSI received The National Award in Safety, Occupational Health, and Workplace Environment for the sixth consecutive year.
July
  •  SSI won the SET Awards 2006 : Distinction in Maintaining Excellent Corporate Governance Report for the second consecutive year. 
September
  •  SSI was awarded The Outstanding Business for Labour Relations & Welfare and Benefits 2006.
August
  •  SSI received the first ever in Thailand for Conformite European Mark (CE) from LRQA South East Asia, India and Australia
  •  SSI received The 2006 Prime Minister ‘s Industry Award for Energy Management.

Year 2005

February
  •  SSI received The Thai Labour Standard Certificate Basic Level 2005 (TLS-2546).
March
  •  SSI had HSM capacity expansion from 2.4 million tones to 4.0 million tones per annum.
  • SSI enhanced its product range from thickness of 1.0 mm. to 19.0 mm. 
May
  •  SSI was granted The Prime Minister's Industry Award 2005 for Productivity Improvement. (second time)
  •  SSI received The National Award in Safety, Occupational Health, and Workplace Environment. (fifth time)
  •  SSI was awarded The Outstanding Business for Labour Relations 2005.
  •  SSI was awarded The Outstanding Business for Labour Welfare and Benefits 2005.
July
  •  SSI received SET Awards 2005 – Best Corporate Governance Report. 
November
  •  SSI received Board of the Year Awards 2004/05 for Distinctive Practices from Thai Institute of Directors Association. 

Year 2004

January
  •  The Board of Directors appointed Mr. Win Viriyaprapaikit as President.
March
  •  First hot rolled steel sheet pickled and oiled (Cleanstrip) produced.
April
  •  SSI obtains TIS 17025 certification of laboratory accreditation.
May
  •  SSI received The National Awards in Safety, Occupational Health, and Workplace Environment 2004 for the 4th year in a row.
  •  SSI was awarded The Outstanding Business for Labour Relations 2004.
  •  SSI was awarded The Outstanding Business for Labour Welfare and Benefits 2004.

Year 2003

May
  •  SSI won the first ever "Prime Minister's Best Industry Award".
  •  SSI received The Prime Minister's Industry Award 2003 for Safety Management.
  •  SSI won The National Awards in Safety, Occupational Health, and Workplace Environment 2003 for the 3rd year in a row.
June 
  •  SSI was awarded The Outstanding Business for Labour Relations 2003.
  •  SSI was awarded The Outstanding Business for Labour Welfare and Benefits 2003.
  •  SSI gained The Outstanding Contributor to the National War against Drugs.

Year 2002

May
  •  SSI received The Prime Minister's Industry Award 2001 for Environmental Management.
  •  SSI received The National Award in Safety, Occupational Health, and Workplace Environment.
July
  •  SSI received The 2000 Award for the Outstanding Energy Conservation Factory.
  •  Thai Cold Rolled Steel Sheet Public Co., Ltd. (TCR) increased its share capital from Baht 6,180 million to Baht 10,703 million. As a result, shareholding by SSI in TCR diluted from 15.18% to 8.77%.
August
  •  SSI received Thai Industrial Standard no. TIS 1479-2541 for hot rolled carbon flat steel for general structure.
  •  SSI received Thai Industrial Standard no. TIS 1499-2541 for hot rolled carbon flat steel for weld structure.
  •  SSI received Thai Industrial Standard no. TIS 1735-2542 for hot rolled carbon flat steel for pipe and tube products.
September 
  •  SSI was awarded EIA Awards 2001.
October 
  •  SSI received Thai Industrial Standard no. TIS 1501-2541 for hot rolled carbon flat steel for machine structures and special applications.
November
  •  SSI received Thai Industrial Standard no. TIS 1884-2542 for hot rolled carbon flat steel with press draw ability to be used for automobile.  
December
  •  Thai Coated Steel Sheet Co., Ltd. (TCS) increased its share capital from Baht 3,400 million to Baht 4,756.9 million. As a result, shareholding by SSI in TCS diluted from 8.65% to 3.70%.

Year 2001

May
  •  SSI received The Prime Minister's Industry Award 2001 for Environmental Management.
  •  SSI received The National Award in Safety, Occupational Health, and Workplace Environment.
July
  •  SSI received The 2000 Award for the Outstanding Energy Conservation Factory.
  •  Thai Cold Rolled Steel Sheet Public Co., Ltd. (TCR) increased its share capital from Baht 6,180 million to Baht 10,703 million. As a result, shareholding by SSI in TCR diluted from 15.18% to 8.77%.
August 
  •  SSI received Thai Industrial Standard no. TIS 1479-2541 for hot rolled carbon flat steel for general structure.
  •  SSI received Thai Industrial Standard no. TIS 1499-2541 for hot rolled carbon flat steel for weld structure.
  •  SSI received Thai Industrial standard no. TIS 1735-2542 for hot rolled carbon flat steel for pipe and tube products.
September 
  •  SSI was awarded EIA Awards 2001
October 
  •  SSI received Thai Industrial Standard no. TIS 1501-2541 for hot rolled carbon flat steel for machine structures and special applications.
November 
  •  SSI received Thai Industrial Standard no. TIS 1884-2542 for hot rolled carbon flat steel with press draw ability to be used for automobile.
December 
  •  Thai Coated Steel Sheet Co., Ltd. (TCS) increased its share capital from Baht 3,400 million to Baht 4,756.9 million. As a result, shareholding by SSI in TCS diluted from 8.65% to 3.70%.

Year 2000

June
  •  SSI received Clean Technology certificate from Department of Industrial Works.
September
  •  SSI was granted The Prime Minister's Industry Award 2000 for Productivity Improvement.
December 
  •  SSI received Japanese Industrial Standard for hot rolled steel product (JIS G3101, JIS G3106, JIS G3131).

Year 1999

January
  •  SSI established West Coast Engineering Co., Ltd., a 99.99% owned subsidiary, to provide engineering design and supervision services including repair and maintenance services.
March
  •  Prachuap Port Co., Ltd., a subsidiary, completed its debt restructuring.
June
  •  Thai Coated Steel Sheet Co., Ltd. (TCS) increased its share capital from Baht 600 million to Baht 3,400 million. As a result, shareholding by SSI in TCS diluted from 49% to 8.65%.
  •  SSI established Internal Audit Office with the emphasis on transparency in conducting its business. 
  •  Successful debt restructuring, creating a more viable financial framework, reducing interest burden, and enhancing liquidity. All loans were converted into Baht-denominated debt, which completely reduced outstanding foreign exchange exposure.
November
  •  SSI established the Level 1 American Depositary Receipts (ADR) with a total size of 10 million ADRs. The ADR program allows foreign investors to deposit alien board shares with the Depositary in exchange of USD-denominated ADR at the ratio of 20 shares per 1 ADR and trade them over-the-counter. 
December
  •  In accordance to capital restructuring plan, SSI issued 1,080 million new ordinary shares to West Coast Engineering Co., Ltd. at the price of Baht 0.01 per share. This plan enabled SSI to write off a significant amount of its retained deficit and improve its capital structure.
  •  SSI was awarded ISO 14001 certification for environmental management system standards from Lloyd's Register Quality Assurance Limited.

Year 1998

January
  •  Thai Industrial Standards Institute, the Ministry of Industry, enforced compulsory for
    hot-rolled sheet for general and structural uses. 
September 
  •  Thai Cold Rolled Steel Sheet Public Co., Ltd. (TCR) increased its share capital from Baht 3,915 million to Baht 6,180 million. As a result, shareholding by SSI in TCR diluted from 23.96% to 15.18%.
October 
  •  SSI received Thai Industrial Standard no. TIS 528-2540 for hot rolled carbon flat steel for general and structural uses.

Year 1997

January
  •  SSI received Thai Industrial Standard from the Ministry of Industry.
April
  •  SSI received ISO 9002 certificate for quality management system standards from
  •  Lloyd's Register Quality Assurance Limited.

Year 1995

March
  •  SSI received approval from the Board of Investment for capacity expansion from 1.8 million tonnes to 2.4 million tonnes.
July
  •  SSI issued USD 110 million Euro Convertible Bonds due 2005 and offered to foreign investors.
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