Icon Group Ltd. (ICON)

Overview

Thai Eastern Group Holdings Public Company Limited is a diversified company with operations spanning across key sectors such as rubber, palm oil, renewable energy, organic waste management, and logistics, delivering its services both domestically within Thailand and on the international stage. The company, established in 1991, with its headquarters in Chonburi, Thailand, has grown to become a significant player in these industries, noting its pivotal role in producing, trading, and managing resources in a sustainable manner.

Products and Services

• Concentrated Latex and Block Rubber: Thai Eastern Group excels in producing and trading high-quality concentrated latex, block rubber, and special grade block rubber products. These materials are fundamental in various manufacturing processes, particularly in the automotive and medical industries, where rubber is a critical component in making tires, gloves, and numerous other products.
• Crude Palm Oil: The group also ventures into the palm oil industry, trading crude palm oil primarily used in downstream consumer products, animal feed industries, and as a raw material for biodiesel production. Their palm oil business supports the global need for sustainable vegetable oils and biofuels, aligning with environmental standards and practices.
• Renewable Energy Production: Through the treatment of wastewater and the production of biogas, Thai Eastern Group engages in renewable energy initiatives. These efforts not only contribute to cleaner energy solutions but also complement the company’s commitment to managing organic waste efficiently, thereby reducing their environmental footprint.
• Logistics Services: The company boasts a comprehensive logistics wing, equipped with a fleet of vehicles for transporting raw materials. This strategic operation supports their core businesses and ensures the seamless supply chain management of their products and services from production to market.