| Food Products Industry | Consumer Staples Sector | Harry Thomas Brock CEO | OTC PINK Exchange | TH0748010R12 ISIN |
| TH Country | 1,080 Employees | - Last Dividend | 16 May 2013 Last Split | - IPO Date |
Univanich Palm Oil Public Company Limited is a prominent enterprise based in Thailand, specializing in the cultivation of oil palm plantations, processing of palm fruits, and businesses related to hybrid oil palm seed and seedlings. Established in 1969, with its headquarters in Krabi, Thailand, Univanich emphasizes sustainable and efficient practices in its operations. Besides its core activities, the company extends its expertise to operating crushing mills and facilities dedicated to oil palm breeding and seed production. Further diversifying its operations, Univanich runs an electric power plant featuring a methane capture biogas project, showcasing its commitment to environmental sustainability. Additionally, the company has a significant footprint in global markets, exporting its high-quality products to international customers.
These products are the cornerstone of Univanich's offerings, extracted from the fruit of oil palms. Crude palm oil is primarily used in the production of cooking oils and salad oils, whereas crude palm kernel oil finds its application in a variety of industries, such as the manufacture of margarines, shortening, snack foods, ice-creams, along with non-food products like soaps, shampoos, and cosmetics. Through meticulous processing, Univanich ensures that its oils meet the high standards required for these diverse applications.
Focused on agricultural innovation and sustainability, Univanich runs a specialized breeding and seed production operation. The company develops hybrid varieties of oil palm that are designed to offer higher yields and better resistance to diseases. These seeds and seedlings are not only used to enhance the company's own plantations but are also made available to farmers and other cultivators, contributing to the advancement of the agricultural sector and the palm oil industry at large.
In a bid to complement its core operations with sustainable energy solutions, Univanich operates an electric power plant. This plant utilizes methane captured from biogas as its primary fuel source, turning waste products from palm oil production into a valuable resource. This initiative not only helps in reducing greenhouse gas emissions but also generates additional revenue for the company, exemplifying a successful integration of environmental responsibility and economic viability.