Univanich Palm Oil (3)

Developments

Univanich was listed in Stock Exchange of Thailand in November 2003 after it abandoned its plan to list in Singapore Stock Exchange. Since listing, the company has transformed itself into a leading vertically integrated palm oil player in Thailand. It has invested in research and development in order to improve the quality of oil palm seeds and seedlings to support the growing oil palm industry in Thailand. With all these investments, now the company is capable of producing:

• 15 million germinated seeds per year
• 250,000 clonal oil palms per year
• 1,000,000 oil palm seedlings per year

Key developments over the last 10 years are summarised below:

Year	Key Developments
2001	Expanded TOPI’s milling capacity from 30t/h of FFB to 60 t/h of FFB. Total milling capacity increased to 90 t/h of FFB.
	Started planting oil palm at Lamthap and prepared to construct the third factory at Lamthap.
2002	Abandoned plan to list in Singapore Stock Exchange.
2003	Listed in Stock Exchange of Thailand on 25 Nov 2003.
2004	Completed construction of new factory at Lamthap. Total milling capacity increased to 135 t/h of FFB.
	Started constructing palm kernel crushing factory at Lamthap with crushing capacity of 3 t/h of palm kernel. 50MB was earmarked for this investment.
2005	Completed construction of palm kernel crushing factory at Lamthap. Total palm kernel crushing capacity increased to 8 t/h.
2006	Expanded oil palm seeds production to 10 million seeds per year.
	Completed building Tissue Culture Laboratory.
	Started construction of biogas plant at Siam and Lamthap factory (1MW each).
2007	Purchased new 617.96 rai of oil palm plantation in Krabi for 37.6 MB.
2008	Started construction of third biogas plant at TOPI factory (2MW).
	Completed construction of biogas plant at Siam and Lamthap factory (1MW each)
	Started expansion of biogas plant at Lamthap to 2MW
	Expanded oil palm nursery area in response to increasing demand in its seedlings.
	Purchased new lands at Cha-uat District of Nakornsrithammarat Province.
2009	Completed 2MW biogas plant at TOPI factory.
	Expanded biogas plant at TOPI factory to 3MW.
	Started building oil palm nursery at Cha-uat District (300,000 seedlings per year).
2010	Completed expansion of biogas plant at TOPI factory to 3MW.
	Completed building of new Tissue Culture Laboratory. Total production capacity increased to 250,000 clonal oil palms per year.
	Started commercial sales of seedlings from Cha-uat District. Total seedlings supplying capacity reached 1,000,000 seedlings per year.
	Expanding Univanich Oil Palm Research Centre due to be completed early 2011. Total production capacity of germinated seed will be increased to 15 million seeds per year.

However, planned investment in increased factory capacity at Lamthap to 90 t/h was postponed as a result of low FFB supplied around that area.

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