Ubon Sunflower Co., Ltd. (UBS), a subsidiary of Ubon Bio Ethanol PLC. (UBE), a Thailand’s leading manufacturer and distributor of processed cassava products, announced that it is collaborating with Biom Company Limited (Biom), led by biotechnology experts from Chulalongkorn University to further advance enzyme research towards commercial application to improve the production of tapioca starch and cassava flour using Thailand's first enzyme technology.

Ms. Sureeyot Khowsurat, Chief Executive Officer and Managing Director of UBE revealed that "UBE and its subsidiaries are committed to conducting business to create broader growth in various areas according to the concept of "UBEYOND" by going beyond with open innovation (under the business concept : beyond through innovation) through research & development which is considered as one of the important driving factors that will lead UBE Group to its goals, I believe that with the expertise in research & development especially in the field of special enzymes of Biom, this will extend the knowledge from the laboratory to commercialization and help raise the level of product development for organic tapioca starch and cassava flour like never before. Such collaboration is not only an exchange of knowledge and experience in technology and food innovation, but it also emphasizes the UBE Group's intention to enter the business of bio-based products, in line with its vision to become a leader in organic brands and biological materials in a complete range with production technology and innovation towards sustainable development".

UBE Group aims to be a leader in the integrated business of high-value biological products based on cassava. In parallel with maintaining the strength of the Group's current businesses, which are the ethanol business, organic farming business and renewable energy business to create continuous growth in the future on the basis of conducting business that takes into account sustainability in all dimensions and in line with ESG guidelines that emphasize the importance of upstream farmers, in particular to promote the use of organic cassava in the country and promote sustainable agriculture for quality raw materials and create a circular economic system within the country's production process that reduces environmental impact by managing by-products to create shared value throughout the product life cycle.

Remarks:
*UBEYOND comes from the combination of the words UBE + Beyond. It is the concept and strategy in the business operations of UBE and its subsidiaries, committed to creating sustainable and beyond growth in every dimension.