Mitr Phol Group is Thailand ‘s and Asia ‘s biggest sugar and bio-energy producer. Mitr Phol Sugar Corp is a privately owned group of companies, chiefly owned by the Vongkusolkit family. As of 2014, Mitr Phol is ranked as the global ‘s fifth largest sugar manufacturer, [ 2 ] and the largest producer in Asia. It is Thailand ‘s largest carbohydrate producer and the second largest in China through its joint venture company East Asia Sugar. In addition to Thailand and China, Mitr Phol has operations and investments in Lao PDR, Cambodia, and most recently Australia. Its cardinal business units include carbohydrate, wood substitute materials, and renewable energy .
history [edit ]
Mitr Phol sugar commercial enterprise was established as a little family business in Ban Pong District, Ratchaburi Province, producing and trade condensed syrup to sugar mills in 1946. In 1956, the company began to produce its own sugar. In 1983, Mitr Phu Kieo Sugar Mill was constructed in Phu Khiao District, Chaiyaphum Province, with a sugarcane action capability of 27,000 tonnes per day. In 1990, Mitr Phol Sugar Mill in Suphanburi Province was established with a process capacitance of 45,500 tonnes per day. The company expanded its business internationally in 1993 to Guangxi Province, China with four mills. Mitr Phol owns seven boodle mills in Guangxi and with an annual capacitance of approximately 10 million tonnes of cane, or approximately 1.3 million tonnes of boodle per year. In 1994, Mitr Phol Sugar Mill ( Suphanburi Province ) was the first mill in Thailand certified by ISO 9002 and has been recognized with a National Certificate of Excellence and Global Standards. In 1995, Mitr Phol took over a boodle caller in Phu Wiang District, Khon Kaen Province and named it Mitr Phol Phu Wiang Sugar Mill. In 1997, Mitr Phol constructed a sugar mill in Hai Tung County, China. Later in the like year, Mitr Kalasin Sugar Mill was established, in Kuchinarai District, Kalasin Province, with a action capacity of 23,000 tonnes per day. In 2006, Mitr Phol broadened its output to Savannakhet Province, Laos and established Mitr Lao Sugar Co., Ltd. to develop sugarcane farming with advanced output technology to export to the European Union. Mitr Phol further expanded its investments to Queensland, Australia.
Reading: Mitr Phol Group – Wikipedia
In 2020, the company was filed a class action lawsuit due to alleged violent eviction allegations in Cambodia in 2008–09, the first transboundary lawsuit of its kind in Southeast Asia. [ 3 ]
Operations [edit ]
In Thailand, Mitr Phol has six boodle mills, with a total process capacity of 130,500 tons of sugar cane daily. Some mills have refineries attached and produce white boodle. The locations are :
The annual boodle cane serve capacity is about 20 million tonnes, yielding a carbohydrate output of approximately two million tonnes per year. outside Thailand, Mitr Phol has seven sugar mills in Guangxi Province, China. In Laos, the “ Mitr Lao mill ” is in Savannakhet Province. In 2012, Mitr Phol acquired a stake in the australian sugar producer, MSF Sugar Limited.
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Financials [edit ]
Mitr Phol ‘s 2018 revenues are expected to be 90 billion baht. Sugar production accounts for 50 billion baht of the total and the remainder is contributed by its peripheral businesses. [ 2 ] Revenues are categoric due to low universe sugar prices ( US $ 0.26 per kilogram ), but 2018 product is up over 2017. [ 2 ] Mitr Phol has normal capital expending at around six billion baht per year. however, in 2016, 28 billion baht will be spent on the sugar business to develop its facilities and water system. fifteen billion baht will be spent on renewable department of energy business, three billion baht on woodwind substitutes, 3.6 billion baht on overseas businesses, and 800 million baht to develop its logistics organization. This budget is to be invested from 2016 to 2020. [ 4 ]
sugar [edit ]
- Mitr Phol Pure Refined Sugar
- Mitr Phol Hygiene Pack
- Mitr Phol Syrup
- Mitr Flavoured Syrup
- Mitr Phol Coffee Sugar
- Mitr Phol Icing Sugar
- Mitr Phol Stick Sugar
- Mitr Phol Calorie
- Mitr Phol Gold Sugar
- Mitr Phol Coconut Sugar
- Mitr Phol Rock Sugar
- Mitr Phol Brown Sugar
- Mitr Phol Natural Cane Sugar[5][6][7]
wood substitutes [edit ]
A subordinate company, Panel Plus Co. Ltd., manufactures particle dining table and MDF panels from bagasse and rubber wood chips. According to the company, it has the capacity to produce 300,000 cubic metres of atom board a year, 300,000 cubic metres of medium concentration fiber boards a year, and 23,500,000 square metres of melamine impregnated panels. [ 8 ] It has plants in Chaiyaphum and Songkhla Provinces .
renewable energy [edit ]
The group is the largest biomass electricity manufacturer in ASEAN and the largest ethyl alcohol producer in ASEAN. [ 9 ] Mitr Phol ‘s auxiliary company Mitr Phol Bio-Fuel Co., Ltd., has four ethyl alcohol plants with full capacity of 1,100,000 liters per day in Suphan Buri, Chaiyaphum, Kalasin, and Tak Provinces. Molasses, a waste intersection from the production of carbohydrate, is used as feed neckcloth to produce ethyl alcohol which is used for blending in fuel as gasohol. Mitr Phol Bio-Fuel is Thailand ‘s largest ethyl alcohol manufacturer.
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Another Mitr Phol subordinate is Mitr Phol Bio-Power Co., Ltd. which runs several biomass power plants attached to sugar mills. These plants burn the bagasse from crushed boodle cane in arrange to power steam turbines to generate the ability needed for the mill. surfeit electricity is sold to the national exponent grid .
associate businesses [edit ]
The Vongkusolkit family ‘s related businesses include Banpu Public Company Limited, which is listed on the Stock Exchange of Thailand, and the Erawan Group which owns assorted prime properties throughout the kingdom including the J.W. Marriott Bangkok Hotel, Ploenchit Center build, Amarin Plaza, and the Hyatt Erawan Hotel .
Awards [edit ]
Mitr Phol was awarded the Bonsucro Sustainability Award in 2015 for helping sugarcane farmers shift their focus to smart grow, reducing the monetary value of production by adopting newfangled technology. In 2016, the group became the first company in Thailand and the second firm in Asia to be certified by Bonsucro, an external not for-profit organization that promotes sustainable carbohydrate cane. Its bearing is to reduce the environmental and social impacts of sugarcane production. [ 6 ] The group has won numerous other awards. [ 10 ]