Exhibiting at Thaifex - Anuga Asia 2025

Thai Vegetable Oil Public Company Limited (TVO), headquartered in Bangkok and operating production facilities in Nakhon Pathom, Thailand, is a leading producer and distributor of edible oils and soybean meal. Established in 1974, TVO has become a major force in the agri-food sector in Thailand and across Southeast Asia, known for its quality products, vertical integration, and robust supply chain.

Core Business Operations

TVO operates primarily in the processing of soybeans into a range of products including cooking oils, soybean meal for animal feed, and various industrial oils. The company’s operations span from importing raw soybeans to processing, refining, packaging, and distributing its products under several well-known consumer and B2B brands.

Product and Service Offerings

• Cooking Oils:

  • Soybean Oil
  • Sunflower Oil
  • Corn Oil
  • Canola Oil
  • Camellia Oleifera Oil
  • Olive Oil

• Animal Feed Ingredients:

  • Soybean Meal
  • Dehulled Soy Meal
  • Full-fat Soy
  • Lecithin
  • Soy Hull

• Industrial and Value-added Products:

  • Refined oils for food manufacturing
  • PET and packaging materials

TVO’s popular consumer brands include A-Ngoon, Champ, Healthy Chef, Queen, and licensed products like MONINI (olive oil).

Specialization and Core USP

• Vertical integration: Full control from raw material importation through production and packaging ensures cost control and quality assurance.
• Brand leadership: A-Ngoon is a top brand in Thailand’s edible oil market.
• Sustainability: Commitment to environmental stewardship, including waste heat recovery and by-product utilization.
• High-capacity production: One of Thailand’s largest soybean crushing and oil refining capacities.

Financial Performance

For fiscal year 2023:

• Revenue: THB 30.9 billion (~USD 899 million)
• Net Profit: THB 2.06 billion (~USD 60 million)
• Total Assets: THB 23.9 billion

Despite market fluctuations in commodity prices, TVO has maintained stable margins due to its efficiency and diversified product lines.

Shipment and Export Records

TVO exports soybean meal and refined oils to over 20 countries, including:

• ASEAN: Vietnam, Indonesia, Malaysia
• South Asia: Bangladesh, Pakistan
• East Asia: China, South Korea

Export volume of soybean meal exceeds 400,000 metric tons annually, while refined oil exports continue to grow under the Healthy Chef and MONINI brands.

Target Markets

• Domestic retail consumers
• Animal feed producers
• Food manufacturing industries
• Regional exporters and distributors

Manufacturing and Innovation Capabilities

• Advanced soybean crushing facilities with daily capacity exceeding 5,000 metric tons
• Modern refining and deodorizing systems for edible oil production
• In-house packaging and PET production capabilities
• R&D division focused on value-added oil innovation and sustainable packaging

Certifications and Compliance

TVO complies with international and domestic quality and safety standards:

• ISO 9001 – Quality Management
• ISO 22000 / HACCP – Food Safety
• GMP – Good Manufacturing Practices
• Halal and Kosher certifications
• Environmental management aligned with ISO 14001

Customer Feedback

TVO’s consumer brands, especially A-Ngoon and Healthy Chef, are praised for their purity, light taste, and consistency. Distributors report excellent fulfillment rates and after-sales support.

Major Achievements

• Leading edible oil producer in Thailand with significant market share.
• Consistent listing on the Stock Exchange of Thailand (SET) with strong investor trust.
• Launch of premium oil segments and health-oriented products.
• Sustainability initiatives such as biomass energy usage and water recycling systems.

Thai Vegetable Oil Public Company Limited continues to serve as a benchmark in the edible oils and feed ingredient sectors, combining scale, quality, and sustainability to drive long-term value for customers, partners, and shareholders.