Company Milestones
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015
- 2014
- 2013
- 2012
- 2011
- 2010
- 2009
- 2008
- 2007
- 2006
Cassava Flour products under the Tasuko brand have been honored with the "2023 Superior Taste Award" by the International Taste Institute in Belgium. The awards were given to four of their products: 1) Organic Cassava Flour All Purpose 100% received the 2023 Superior Taste Award with 3 stars. 2) Cassava Flour Batter Mix, Spicy Flavor, received the 2023 Superior Taste Award with 2 stars. 3) Cassava Flour Mix Pancakes received the 2023 Superior Taste Award with 2 stars. 4) Cassava Flour Batter Mix, Original Flavor received the 2023 Superior Taste Award with 1 star.
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Ubon Sunflower Co., Ltd. (UBS) launched cassava flour products for the domestic market under the Tasuko brand. These organic products are certified to meet both Thai and international standards, are gluten-free, and high in fiber. The initial offerings include two types of products: Organic Cassava Flour All Purpose 100% and Cassava Flour Mix.
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Introduced the “Tasuko Cassava Flour Batter Mix,” an innovative gluten-free, MSG-free product. This cassava flour mix ensures fried foods remain delicious and crispy for up to 40 minutes, catering to health-conscious individuals who enjoy fried foods.
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Introduced the ready-to-eat “Tasuko Brownie Brittle” in Sea Salt flavor. This product caters to the growing trend of healthy food consumption and supports the market for individuals with gluten allergies.
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Began producing and selling high-quality cassava products with a production capacity of 100 tons per day.
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Listed on the Stock Exchange of Thailand (SET) on September 30, 2021, with a total market value of 9,394 million baht at the IPO offering price, the company raised 2,742.7 million baht from the fundraising (after deducting securities offering expenses). This capital will be used to invest in expanding the company’s value-added products and serve as working capital. This significant milestone strengthens the company's financial position, enhancing its operational potential and accelerating future business expansion.
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The company obtained a temporary license from the Excise Department to sell industrial-grade ethanol domestically.
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The company has restructured its group from an asset-based structure, where properties were separated by type, to a business-based structure. This involved grouping and transferring assets related to each type of business operation under a single company through Entire Business Transfer and Partial Business Transfer. The goal of this restructuring is to enhance management efficiency, reduce related party transactions, and ensure that each company's financial statements accurately reflect the operating results of each business. The main assets transferred within the group include:
- Cassava buying yard
- Land and ethanol production plant
- Land and factory for producing cassava flour
- Water treatment pond used in the production process
- Biogas production plants and power plants
The company made investments to enhance the efficiency and completeness of its water treatment system used in the ethanol production process. This improvement included the implementation of activated sludge technology, significantly reducing the water treatment time and enabling faster reuse for agricultural purposes.
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Organic tapioca starch products have obtained certification for organic farming standards from the Ministry of Agriculture, Food and Rural Affairs (MAFRA).
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Organic tapioca starch products are certified organic by the People's Republic of China.
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Ethanol Factory received ISO 14001:2015 certificate from SGS United Kingkom Ltd.
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The shareholder group modified the shareholding structure as follows:
- BBGI Company Limited now holds shares instead of BCP.
- The Kowsurat family group and the five original founders transitioned from holding shares individually to holding them under legal entities, specifically through K Plus Holding Company Limited and STK Capital Company Limited.
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The company converted from a private limited company to a public limited company. Alongside this conversion, the par value of shares was reduced from 1,000 baht per share to 1 baht per share. Additionally, the company increased its registered capital by 1,174,286,000 baht, raising the total registered capital from its original amount of 2,740,000,000 baht to 3,914,286,000 baht. This capital increase supports the company's inaugural issuance and offering of common shares to the public through an Initial Public Offering (IPO).
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The company has obtained certification for ISO 14001:2015 environmental management system and ISO 45001:2018 occupational health and safety management system, which replaces the previous OHSAS 18001 standard.
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Organic tapioca starch products bear the Japanese Agricultural Standard : Organic JAS mark certification.
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The tapioca starch factory has been awarded ISO 9001:2015 certification by the United Registrar of Systems.
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The CLBR biogas production plant received ISO 9001:2015 certification from SGS United Kingdom Ltd.
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The company has joined the Thai Private Sector Collective Action Coalition Against Corruption (CAC).
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The company commenced production and sales of tapioca starch.
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Organic tapioca starch products are certified under the USDA organic standard by the National Organic Program (NOP), United States.
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The biogas plant has been awarded ISO 9001:2015 certification by the United Registrar of Systems.
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The ethanol production plant has received ISO 9001:2015 certification from SGS United Kingdom Ltd.
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The tapioca starch production capacity has doubled from one production line to two, now capable of producing 350 tons per day each, totaling a daily capacity of 700 tons.
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The CLBR biogas production plant has commenced commercial operations, generating an average of 78,000 cubic meters of biogas daily. This biogas is utilized as fuel for electricity generation and as an alternative energy source to replace fuel oil in the tapioca starch baking process.
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Enhanced the tapioca starch production line (Production Line 1) to increase capacity from 300 tons per day to 350 tons per day.
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The MUR system biogas production plant has commenced commercial operations. It utilizes wastewater from the ethanol production process as raw material and produces an average of 98,000 cubic meters of biogas per day. This biogas is converted into heat energy used within the ethanol production plant's circulation system.
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The company entered into a memorandum of understanding with OSIC to invest in the construction of a second ethanol production line.
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UBS raised its registered capital from 6 million baht to 70 million baht to invest in a biogas production plant utilizing the CLBR system. This plant will recycle biogas as fuel for tapioca starch production and generate electricity for internal factory use.
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The ethanol production plant has been awarded ISO 9001:2008 certification by SGS United Kingdom Ltd.
Ubon Bio Ethanol Public Company Limited commenced commercial production and sale of ethanol.
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Thaioil Ethanol Company Limited ("TET" and Bangchak Petroleum Public Company Limited (now Bangchak Corporation Public Company Limited or "BCP")) have jointly invested in the Company's ethanol production plant. The additional capital received will be used for construction.
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UBG has commenced commercial production and distribution of biogas, as well as electricity generated from biogas.
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The Company has started constructing an ethanol production plant. Production Line 1 has a capacity of 400,000 liters per day.
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The UASB biogas production plant has been certified with ISO 9001:2008 by the United Registrar of Systems.
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Commenced commercial production and distribution of tapioca starch, alongside biogas production capable of generating an average of 36,000 cubic meters per day. The biogas is utilized as heat energy to replace fuel oil in the baking of tapioca starch.
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UAE has increased its registered capital from 830 million baht to 1,210 million baht to support operational needs in tapioca starch production.
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UBE has raised its registered capital from 600 million baht to 1,990 million baht to facilitate investments in the construction of an ethanol production plant.
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UBE has acquired all common shares of UAE and UBG from the founding group.
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The tapioca starch production factory has been awarded ISO 9001:2008 certification by the United Registrar of Systems.
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Commenced the construction of a tapioca starch factory with a daily production capacity of 300 tons of starch.
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Initiated the construction of a biogas production plant utilizing the UASB system, designed to process water used in the tapioca starch production process.
UBA raised its registered capital from 250 million baht to 830 million baht to finance the construction of a tapioca starch factory.
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Ubon Bio Ethanol Public Company Limited (UBE) was registered on July 26, 2007, with an initial registered capital of 600 million baht for the production and sale of ethanol, a biofuel derived from agricultural products.
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Ubon Biogas Company Limited (UBG) was established on December 17, 2007, with an initial paid-up capital of 60 million baht to operate in the biogas production industry.
Ubon Agricultural Energy Co., Ltd. (now known as Ubon Bio Agricultural Co., Ltd. or UBA) was founded on May 22, 2006, with an initial registered capital of 250 million baht for the production and sale of cassava starch.