Exhibiting at Thaifex - Anuga Asia 2025

Khon Kaen Sugar Industry Public Company Limited (KSL Group) is one of Thailand’s most prominent and diversified sugar manufacturers. Headquartered in Bangkok, the company operates an integrated agro-industrial business that spans sugar production, renewable energy, ethanol manufacturing, and bioproducts. With a legacy stretching back to 1945, KSL has become a leader in sustainable agribusiness and one of the top sugar exporters in Southeast Asia.

Company Overview

KSL Group is a publicly listed company on the Stock Exchange of Thailand (SET: KSL), symbolizing strong financial governance and investor confidence. The company has extensive operations across five sugar mills located in Khon Kaen, Loei, Sa Kaeo, Udon Thani, and Tak provinces. These strategically positioned facilities allow the company to source and process vast volumes of sugarcane efficiently from key agricultural zones in Thailand.

Core Business

KSL’s business segments include:

• Sugar Manufacturing

  • Raw Sugar
  • High Polarization Raw Sugar (HPRS)
  • White Sugar
  • Refined Sugar

• By-Products from Sugar Processing

  • Molasses
  • Bagasse
  • Filter Cake

• Energy and Biofuels

  • Ethanol (produced from molasses)
  • Electricity and steam (biomass cogeneration)

• Agro-Products

  • Organic Bio-fertilizers developed from filter cake and vinasse

These operations are vertically integrated, creating synergies between production and sustainability across all segments.

Specialization and Unique Selling Proposition

KSL’s unique value proposition stems from its closed-loop production ecosystem. The company is a pioneer in converting sugarcane waste into valuable co-products such as ethanol, electricity, and bio-fertilizers. Key strengths include:

• ISO 9001, ISO 14001, and GMP certifications for food safety and environmental compliance
• Cogeneration plants that reduce operational energy costs and carbon emissions
• Strong backward integration with over 60,000 contracted sugarcane farmers
• Significant investment in R&D for agricultural innovations and bio-products

Financials

As per its audited financial statements for the fiscal year 2023:

• Revenue: THB 23.12 billion (~USD 660 million)
• Net Profit: THB 1.19 billion (~USD 34 million)
• Total Assets: THB 41.57 billion (~USD 1.2 billion)
• EBITDA Margin: 18.2%

The company maintains a strong balance sheet and consistent profitability, underpinned by its diversified product portfolio and export revenue streams.

Export and Shipment Data

Khon Kaen Sugar is one of Thailand’s leading sugar exporters. Thailand is the world’s second-largest sugar exporter, and KSL contributes a significant volume of this global trade.

• Export Markets: China, Indonesia, Malaysia, South Korea, Middle East, and the United States
• Annual Export Volume: Over 500,000 metric tons of sugar
• Ethanol Exports: Mainly to Japan and regional Southeast Asian countries

KSL has partnered with government and private logistic channels to ensure streamlined port access and delivery.

Target Market

The company caters to a diversified client base:

• Industrial food and beverage manufacturers
• Pharmaceutical companies
• Energy companies requiring bioethanol
• Agricultural sectors using bio-fertilizers
• International commodity traders and sugar refiners

Capabilities

KSL operates with advanced infrastructure:

• Five fully integrated sugar mills
• Ethanol plants with a combined daily production of over 400,000 liters
• Biomass power plants with 60+ MW installed capacity
• In-house R&D centers for soil and cane development

The company also deploys precision farming technologies and drone-based field monitoring to assist its network of sugarcane growers.

Certifications and Compliance

KSL Group is certified under multiple international and local regulatory frameworks:

• ISO 9001: Quality Management
• ISO 14001: Environmental Management
• ISO 45001: Occupational Health & Safety
• GMP & HACCP: Food Safety Standards
• Bonsucro Certification for sustainable sugarcane production

These certifications enable KSL to meet global food safety and sustainability requirements.

Customer Testimonials

KSL has received consistent endorsements from global trading partners and food conglomerates for its:

• Consistent supply quality
• Sustainable practices
• Export reliability

Though direct testimonials are not publicized, long-term contracts and repeat international orders reflect high customer satisfaction.

Major Achievements

• One of the Top 3 sugar producers in Thailand
• Consistently ranked among the Top 100 publicly listed companies on the Thai SET
• Pioneered one of Southeast Asia’s first sugarcane-based biorefineries
• Recipient of national awards for environmental sustainability and innovation
• Strategic contributor to Thailand’s Bio-Circular-Green (BCG) Economy Model