บริษัท ศรีตรังแอโกรอินดัสทรี จำกัด (มหาชน)
Sri Trang Agro-Industry Public Company Limited (“STA”) was established in 1987. With determination and intention, STA has grown and become a fully integrated natural rubber company. For the upstream business, the Company invested in large-scale rubber plantations and currently has an area of 7,500 hectares for rubber and other economic crop plantations in 19 provinces of Thailand. For the midstream business, STA has a market share of approximately 11 percent of the global demand for natural rubber in 2022 and has a market share of Thai natural rubber production of 33 percent, which increased from 32 percent in 2021. The Company offers a complete range of natural rubber products to meet the diverse needs of customers worldwide, from Technically Specified Rubber (TSR) and Ribbed Smoked Sheets (RSS) to Concentrated Latex with a production capacity of 3.18 million tons per annum, from its 35 processing facilities located in the 2 largest natural rubber producing countries in the world, Thailand and Indonesia, as well as in Myanmar, which is a country with growth potential in the natural rubber plantation area. For the downstream, Sri Trang Gloves (Thailand) Public Company Limited (“STGT”), one of Sri Trang Group’s flagship companies, engages in the production and distribution of latex and nitrile examination and industrial gloves to customers in over 170 countries globally. STGT has offices in Thailand, China, the United States, Vietnam, and the Philippines. With cuttingedge production facilities located in Songkhla, Suratthani, Trang, and Chumphon, a total installed capacity of 52.5 billion pieces of gloves per annum at the end of December 2022, STGT is the largest glove producer in Thailand, and is ranked among the world’s leading glove producers with a market share of 7.2 percent of global glove consumption in 2022. In addition to glove production and distribution, we are also part of a joint venture that is Thailand's largest manufacturer of high-pressure hydraulic hoses for industrial purposes. In addition, we have various subsidiaries that provide operational support for our core businesses, including research and development, information technology and innovation, logistics, and rubberwood processing. Currently, STA is the first and only Thai rubber company that is listed on both the Stock Exchange of Thailand or SET (Primary Listing) and the Singapore Exchange or SGX (Secondary Listing).
“Passionately, we drive possibilities” >> THE GREEN RUBBER COMPANY >> - We are committed to delivering to our shareholders, having regard to sustainable growth and reasonable, consistent returns to shareholders, the highest level of satisfaction. - We are committed to an environmentally sound approach to production, through which we strive to inspire satisfaction and confidence in our customers and suppliers. - We are committed to the practices of good corporate governance and to operating with fairness and transparency with a view to improving the living and working conditions of our stakeholders. - We are committed to providing our employees with a pleasant work environment, fair compensation, and career advancement opportunities. - We are committed to minimizing the social and environmental impact of our operations and to the sustainable consumption of natural resources.
2023 : NORMALIZATION COMES WITH CHALLENGES Keep up the strength. Keep growing and maintain a leading position, with a focus on sustainability and ESG. Be ready for any challenges ahead. During the past two years, Sri Trang Group has demonstrated our outstanding performance, which has led our group to a stronger position and to become widely recognized as a leading company in the industry. The pandemic era has been coming towards its end as people have resumed their normal lives. We are now entering a new, post-pandemic era. However, the transition from the pandemic era to the post-pandemic one has not gotten off to a smooth start. Political conflicts and war and the global inflation have conspired to cause a global economic turbulence that will inevitably affect many businesses in the years to come. Looking back at our group, we have been able to build up our financial strength, immunity and creditability over the last two years. Nevertheless, we cannot underestimate the challenges and uncertainties that lie ahead and must be ready to deal with any unforeseeable occurrences. I am confident we will be well prepared for any challenges. In addition, our group will continue to focus on growth through sustainability. It is not only through the ongoing capacity expansion and increase in market share, and technological development and innovation that we aim to maintain our leading position in the industry. We will also emphasize the ESG angles of our operations with many sustainability initiatives throughout the supply chain in order to make our industry and our world a better place. We will take this opportunity to attract the demand that resulted from supply reduction in some parts of the world with scale and speed and on the basis of sustainability. We need to make sure our expansion is on time. At the same time, we need to present to the world our environmentally friendly products with competitive pricing. Lastly, I’d like to wish everyone a good health, both physical and mental, and encourage everyone to keep up the strength. I am certain that we have a very strong financial immunity and will get through this turbulent period with a great accomplishment. Keep up the strength, grow through sustainability, and be ready for any challenges ahead.