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Company Profile

Sri Trang Agro Industry Plc Company Profile

Sumedha Gosavi Published 25 Sep 2025 Updated 25 Sep 2025

Company Profile

Sri Trang Agro-Industry Plc Basic Information, Manufacturing Base, Sales Area, and Competitors

Sr. No.

Item

Description

1

Company Name

Sri Trang Agro-Industry Plc

2

Website

www.sritranggroup.com

3

Established Date

1987

4

Headquartered

Thiland

5

Market Position/ History

Sri Trang Agro-Industry Public Company Limited (STA) was established in 1987 and has grown into a fully integrated natural rubber company. It operates across the entire supply chain, from large-scale rubber plantations covering 7,500 hectares in Thailand to midstream processing, where it holds a 10-12% global market share in natural rubber production. With 37 processing facilities in Thailand, Indonesia, Ivory Coast, and Myanmar, STA produces 3.85 million tons of natural rubber annually. Its downstream business, Sri Trang Gloves (STGT), is Thailand’s largest glove producer, supplying latex and nitrile gloves to over 175 countries. STA is also involved in industrial hydraulic hoses and various support services, including R&D and logistics. It is the first Thai rubber company listed on both the Stock Exchange of Thailand (SET) and the Singapore Exchange (SGX).

6

Sales Area

Worldwide

7

Manufacturing Location

Songkhla, Suratthani, Trang, and Chumphon (Thailand)

8

Ticker

BKK: STA

9

Competitors

Thai Hua Rubber Public Company Limited

Thai Rubber Latex Group Public Company Limited

Von Bundit Co., Ltd.

10

CEO

Mr. Udom Pruksanusak

11

Ownership Type

Public

12

Contact Information

10 Soi 10, Phetkasem Road, Hatyai, Songkhla 90110, Thailand

Tel: +66-7434-4663

Business Segment or Overview of Sri Trang Agro Industry Plc

Sri Trang Agro-Industry Plc operates in a variety of business segments including, 

Plantation

Sri Trang Agro-Industry (STA) manages extensive rubber plantations across northern and northeastern Thailand, covering 7,710 hectares, with 6,861 hectares dedicated to rubber cultivation. These plantations ensure a stable supply of raw materials, cost efficiency, and enhanced profitability. At the end of the latex-producing cycle, rubberwood is sold for furniture and pallet manufacturing. STA follows sustainable practices, with 4,482 hectares certified by the Forest Stewardship Council (FSC) since 2019, and adheres to strict chemical use regulations.

Natural Rubber Production

STA is one of leading global natural rubber producer, holding a 10-12% market share. The company offers a full range of natural rubber products, including:

  • Technically Specified Rubber (TSR) – Primarily used in tire production, classified into STR10, STR20, and STR Compound.
  • Ribbed Smoked Sheets (RSS) – Used in car tires, conveyor belts, rubber pipes, and other industrial applications.
  • Concentrated Latex – Serves as raw material for gloves, condoms, baby pacifiers, adhesives, and elastic products.
  • With a total production capacity of 3.65 million tons per year, STA operates 37 processing facilities in Thailand, Indonesia, Ivory Coast, and Myanmar.
  • Other Businesses

Engineering Services

Through its subsidiary, Premier System Engineering Co., Ltd. (PSE), STA ensures high production standards by offering a full suite of engineering services. These include:

  • Industrial machinery design, manufacturing, and maintenance
  • IT consulting and research & development (R&D)
  • Calibration and efficiency optimization
  • Environmental and workplace safety consulting
  • PSE plays a critical role in supporting STA’s expansion by designing and installing machinery for glove production and rubber processing plants.

Transportation Services

STA operates a logistics and transportation business to ensure efficient delivery of raw materials and finished products across its global supply chain. The transportation service enhances operational efficiency and reduces dependency on third-party logistics providers, ensuring timely deliveries and cost control.

Parawood Processing

As part of its sustainable business practices, STA processes parawood, a byproduct of rubber plantations, into high-quality wood products used for furniture, pallets, and construction materials. This business segment maximizes resource utilization while contributing to the circular economy.

Natural Rubber Product Types Specification

Product

Product Description

TECHNICALLY SPECIFIED RUBBER

Main Types: STR10, STR20, STR Compound

Primary Use: Tire production

Grading Factors: Dirt content, ash content, volatile matter, color, viscosity, and chemical composition (e.g., carbon black, stearic acid)

Country-Specific Standards:

Thailand: STR (Standard Thai Rubber)

Indonesia: SIR (Standard Indonesia Rubber)

Malaysia: SMR (Standard Malaysia Rubber)

RSS (RIBBED SMOKED SHEET)

Classification: Five grades based on purity, elasticity, and color

RSS1: Highest quality

RSS2 to RSS5: Decreasing quality in descending order

Primary Uses:

Car tires

Conveyor belts

Rubber pipes

Shoes

Automotive parts

Latex

Derived from field latex with approximately 60% dry rubber content

Classification: Based on ammonia levels and processing requirements

Primary Uses:

Gloves

Condoms

Baby pacifiers

Elastic products

Adhesives
Sumedha Gosavi
Sumedha Gosavi  
Sumedha Gosavi is a Research Associate at Cognitive Market Research & Consulting, specializing in the Banking and Financial Services sector. She is actively involved in delivering comprehensive market intelligence a…
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Profile Details

  • Author Sumedha Gosavi
  • Published 25 Sep 2025
  • Last Updated 25 Sep 2025
  • Reading Time~5 minutes
  • CoverageSWOT, Financials, Key Employees, History

Table of Contents

    • 1.1 About Sri Trang Agro Industry Plc
    • 1.2 Key Facts
    • 1.3 Key Employees
      • 1.3.1 Key Employee Biographies
    • 1.4 History
    • 1.5 Locations & Subsidiaries
      • 1.5.1 Head Office
      • 1.5.2 Other Locations & Subsidiaries
    • 2.1 Company Overview
    • 2.2 Business Segments
    • 2.3 R&D Overview
    • 2.4 Brands
    • 2.5 Key Company Statistics
    • 2.6 Key Financials (2015–2019)
    • 2.7 Share Holder Analysis
    • 2.8 Regional Presence
    • 2.9 Services Offered
    • 3.1 Strengths
    • 3.2 Weaknesses
    • 3.3 Opportunities
    • 3.4 Threats
    • 3.5 Key Competitors
    • 4.1 Company Metrics
    • 4.2 Key Investors
    • 4.3 Recent Funding & Valuation
    • 4.4 Historical Funding & Valuation
    • 5.1 Acquisitions
    • 5.2 Partnerships
    • 6.1 Latest News & Announcements
    • 6.2 Strategic Initiatives
    • 7.1 Summary of Findings
    • 7.2 Strategic Recommendations

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