2. About Us
  3. Company Background and Goals

Company Profile

One of the pioneers of sugar industry in the Northeast of Thailand, Khun Vichien Tangtongwechakit initiated cane growing practices and encouraged farmers to grow cane in Buriram Province.

60 Years

was established

Maximum production capacity:
23,000
sugarcane stalks per day.

Maximum sugarcane crushing capacity per season:
2.8
million sugarcane stalks.

Buriram Sugar Public Company Limited (“BRR”) was originally Sahathairungruang Sugar Company Limited (1963) (Transferred the business from Sahathairungruang Sugar Factory Limited Partnership) and registered on December 20, 1963 with 2 Million Baht of registered capital to support the business of brown sugar production in Buriram.

Buriram Sugar Public Company Limited (“BRR”) and its subsidiaries are one of the pioneers of sugar industry in Northeastern region of Thailand in which Mr. Vichien Tangtongwechakit was the founder who initiated sugarcane growing practices and also encouraged farmers to grow sugarcane in Buriram Province. Buriram Sugar Group (“BSG”) has operated an integrated business of raw sugar and brown sugar manufacturer and distributor both for domestic sale and export more than 50 years including by-products of sugar production such as, bagasse, filter cake (press mud) and molasses to further advance the business utterly which consists of biomass power plant, organic fertilizer and eco-friendly packaging product business, including support business which is sugarcane research and development and logistics service business.

Business Goal

BSG has set short-term and long-term business goals including the sustainable business goal according to the vision and mission as planned.

The Group has a business plan for 3 years with an annual review of the plan. Furthermore, reporting operations or action plans to the Board of Directors' meetings of each company in every month, for manage, monitor, and supervise the business operations accordance with the business plan. the Company continues to concentrate on business operations to expand sustainably.

Create stability in production and improve the quality of life for sugarcane farmers.

The Company set the goal to create the prosperity in terms of yield and to make better life for sugarcane farmers by supporting the sugarcane farming and expanding the plantation more than 250,000 Rai to increase the crop yield to 3 million Tons including maintaining the standard quality of sugarcane to gain the highest yielding crops per Rai.

From the company's clear management plan in this matter, it can be seen that even during the 2022/23 production season, Buriram Province suffered severe flooding that caused considerable damage to sugarcane fields, causing the company's amount of sugarcane to be crushed to decrease to only 1.96 million tons; but by maintaining the sugarcane quality standards that the company attaches utmost importance to, it can still have a sweetness value of sugarcane at 13.71 C.C.S. and a sugar yield per ton of sugarcane of 121.84 kilograms per ton of sugarcane, which is higher than the average in Thailand.

For the 2022/23 production season, the amount of sugarcane crushed was 1.96 million tons and the sugarcane sweetness value was 13.71 C.C.S., which ranked among the top 10 in the country, and the average C.C.S of Thailand is 13.32 C.C.S. In addition, the amount of sugarcane the company produced was 9.33 tons per Rai, which is also higher than the Thai average. The average amount of sugarcane is 9.00 tons per Rai and the sugar production amount per ton of sugarcane of the company is 121.84 kilograms per ton of sugarcane. This is higher than the average of Thailand as well, at 117.46 kilograms per ton of sugar cane.

However, the company will not stop developing in the mentioned areas as outlined in its mission because it understands that raw materials are the key to the sugar industry and related businesses, which come from the by-products of the sugarcane cultivation and sugar production process.

Investment Expansion, Value Addition to Products and Residue from Sugarcane Plantation and Sugar Production Business Development, as well as investments in other types of businesses, to reduce reliance on the sugar business's main income.

As the business for producing packaging, appliances, devices made from bagasse including pulp, operated by Sugarcane Ecoware Company Limited (“SEW”), currently, the production capacity of bagasse packaging is about 300 million pieces per annum. The main products are food packaging. SEW still focuses on selling in foreign markets 90%. According to data from Global Market Insights, there is growing demand for pulp/plant pulp products, as the demand is increasing at a faster rate than in the domestic market. From 2021 to 2027, the CAGR will be 5.1%. North America is expected to have a 25% market share by 2027, with Europe's market value reaching USD 1 billion.

Currently, important customers, including those interested in further negotiations in both the United States and Europe, are a key focus. Additionally, the company can use unbleached pulp, produced through an organic process at its pulp factory, as raw material for the production of bagasse-based packaging. The company also holds various certifications that allow its products to be sold in the international market, alongside the growing demand in this market.

Furthermore, for the business of Wood Pellet for investment projects with partners in Lao PDR. Due to increased demand, the first project with a production capacity of 100,000 tons per year was launched. This allows the Company to set a higher price than expected during the project planning period.

From market demand both domestically and internationally, particularly in Japan, where the demand for Wood Pellet is expected to increase from 2021 to 2030, on average, at a rate of 26%, as well as from rising costs and the trend of using biomass fuel to replace fossil fuels and coal, as well as from global climate change, which is becoming a significant issue that governments in many countries pay attention to by setting policies, targets, and timeframes for net zero green housing. The Company has thus researched the possibility of implementing the Wood Pellet Project in Thailand and the Lao People's Democratic Republic in the following phase. Future expansion of the carbon credit industry may also result from include tree planting as a supply of raw materials.

In order to create the sustainability of business growth and development, the potential and capability to profitability is required; however, it is not the only factor that can completely create the business sustainability. The good governance and ethics, the responsibility for stakeholders, self-learning and development as well as the creative minds to develop the new innovations are also needed for sustainable business operation. As the results, BRR and its subsidiaries commits to develop these 5 sectors as follows:

  1. Human Resource Development

    Employees are very important human resources for the business development therefore the Company group pays attention to every step in human resource management especially the recruitment in order to put the right man in the right job regarding to the process of recruitment from internal and external organization to find the applicants whom the qualifications are matching with the positions including follow the working results to evaluate work performance in accordance with the standards as specified. Furthermore, the Company also regulates the employees to comply with the regulations of the Company and the Good Corporate Governance, Code of Conduct Handbook and Anti-Corruption Policy in order to recognize the priority on stakeholders as well as generate self- awareness on the social responsibility by participating the relevant activities. Additionally, the Company group has set The Policy of Human Resource Development, which written and collected in a part of Good Governance and Code of Conduct Handbook.

  2. Sugarcane Farmers Development

    According to vision and missions of the Company group which commits to generate the sufficiency of crop yield and life quality for farmer regarding to the business philosophy: “Sugar Made in the Field”, the Company group aims to support and develop the skills of sugarcane farmers in term of the academic and practical knowledge management of sugarcanes farming, from the plating process, crop cares to crop harvesting, including the knowledge to apply the up-to-dated technologies for sugarcane farming management. Furthermore, the Company has organized the domestic and international company visit for sugarcane farmers in order to integrate the knowledge for further business and apply it for real work practices. The sugarcane farmer development is considered as the sustainable development which can increase the quality and crop yield per Rai for farmers and also minimize the risk from insufficiency of raw materials as well as generate the certain sufficiency of crop yield for the Company group.

    Additionally, the Company group has initiated the concept of “Sugarcane Agriculturist Businessmen” for the purpose of inspiring and educating every farmer to plan and manage the sugarcane farming and other relevant processes appropriately with the practical and theoretical knowledge support from BRR and its subsidiaries closely in order to create the stability for the career of sugarcane farmers which provide the well returns and happiness including pass on experiences as well as inherit the business from generation to generation.

  3. Research, Innovation and Technology Development

    Throughout the period of business operation, the Company group prioritize the development of research, innovation and modern technology to develop, improve and strengthen the potentiality for the Company group and sugarcane farmers. the Company group have applied Online Farming Management System, Online Smart Farm System, Management Information System (MIS) and Geographic Information System (GIS) including other technology to support sugarcane planting in order to follow the individual sugarcane fields according to the academic principles and solve the problems real time. Furthermore, the Company group have conducted the research to prevent and eliminate the plant diseases and pests, for example, the outbreak control of plant diseases and insect infestation by using the method of biological control which is the culture of natural enemies such as parasitic wasps in order to control the outbreak of sugarcane borer and green muscardine fungus as well as eliminate stem boring grub.

    As well as developing products and services such as the organic process of bagasse pulp production the company has collaborated with the research team of the company to develop research on the production of bagasse pulp with an organic process without using bleach, thus making the pulp clean and free from chemicals, which is the company's unique know-how and the only one in the world that produces pulp using such a process. At present, the research results of the pulp are in the process of patent approval.

  4. Community Development

    The Company group has set the important mission to enhance the life quality of people in the community through the knowledge management and the career support; therefore, the Company group has organized the sightseeing to develop and create the value-added products including advertise and purchase the local products to make as the souvenirs for special occasions so that the local people can earn a living and be proud of themselves. Moreover, the Company group has developed and supported the education for children and the schools located in the surrounding area of the Company group as well.

  5. Environmental Development

    The Company group cares and protects the environment, starting from the internal management of factory which is namely production process and landscaping around the plant, and so on. Additionally, the activities about environmental conservation have been conducted with the great participation of local people, governmental agencies, and employees of the Company group in order to generate the unity and create the public consciousness on local environmental conservation.

  6. Good Governance and Ethics in development and management

    The commitment in organization sustainable development with good governance and ethics is one of important issues of the Company group have prioritized and developed constantly. the Company group has operated the business in accordance with transparency which is disclosure the information pursuant to the appropriate regulations as required to generate the fairness as well as the equality among.