Thai Wah Public Company Limited, headquartered in Bangkok, Thailand, is a leading agri-food and industrial starch manufacturer with operations spanning across Southeast Asia and China. With a legacy dating back to 1947 and its official public listing in 1974, Thai Wah has grown into a major regional force in the production of starch-based ingredients, food products, and biodegradable innovations.
Core Business Operations
Thai Wah operates through three major business segments: starch and ingredients, consumer food products, and biodegradable solutions. The company integrates the full value chain—from farming and processing to product innovation and international distribution—focusing heavily on sustainability, regional sourcing, and local farming partnerships.
Product and Service Offerings
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Starch and Ingredient Products:
- Native and Modified Tapioca Starch
- Alpha Starch
- Tapioca Pearls
- Glucose Syrup
- Rice Flour
- Sago
-
Food Products:
- Vermicelli
- Rice Noodles
- Mung Bean Noodles
-
Biodegradable and Sustainable Products:
- TPS (Thermoplastic Starch) Bioplastic
- RosEco Biodegradable Packaging Compounds
Thai Wah’s key consumer and ingredient brands include:
- ROSE BRAND
- Double Kirin
- Double Dragon
- Phoenix
- Alpha
- RosEco
Specialization and Core USP
- Agricultural Origin: Focus on cassava, mung bean, and rice with close partnerships with over 20,000 farming families.
- Sustainability Leadership: One of the region’s pioneers in biodegradable packaging and carbon reduction via starch-based innovations.
- Regional Manufacturing Network: Production facilities in Thailand, Vietnam, Cambodia, and China supporting efficient regional supply chains.
- Innovation Focus: Significant R&D investment in food technology and sustainable materials under the “Agri-Food Innovation” platform.
Financial Performance
As of fiscal year 2023:
- Revenue: THB 10.1 billion (~USD 295 million)
- Net Profit: THB 305 million (~USD 8.9 million)
- EBITDA: THB 900 million
Despite a challenging raw material market, Thai Wah has maintained stable profitability by diversifying its portfolio and focusing on high-value product lines.
Shipment and Export Records
Thai Wah exports starches and noodle products to over 30 countries across Asia, Europe, and the Americas. Major export markets include:
- Japan
- South Korea
- China
- Australia
- Germany
- USA
The company is among the top five tapioca starch exporters in Thailand, shipping over 250,000 metric tons annually.
Target Markets
- Food and beverage manufacturers
- Retail consumers (via branded vermicelli and noodles)
- Packaging and material manufacturers (biodegradable compounds)
- Export trading houses and distributors
Manufacturing and Innovation Capabilities
- 15+ production facilities across Thailand, Vietnam, and China
- In-house product development for starch derivatives and food applications
- Advanced R&D hubs focusing on sustainability, texture modification, and nutritional enhancements
- Pilot plant facilities for bioplastic innovation and application testing
Certifications and Compliance
Thai Wah operates under multiple quality and environmental standards:
- ISO 9001 / ISO 14001
- HACCP / GMP
- Halal / Kosher
- Member of the RSPO (Roundtable on Sustainable Palm Oil)
- Participates in UN Global Compact and publishes an annual Sustainability Report
Customer Feedback
Thai Wah is widely recognized for:
- Reliable quality across global product lines
- Responsiveness in supply chain and customer support
- Strong collaborative approach in R&D and co-creation with B2B partners
Retail consumers value ROSE BRAND noodles for their texture, taste, and natural ingredient profile.
Major Achievements
- Winner of the Thailand Sustainability Investment Award multiple times
- Launched RosEco, Thailand’s first TPS-based bioplastic packaging compound brand
- Established a digital supply chain and traceability program with cassava farmers
- Over 75 years of operational legacy, driving innovation across Asia’s food and ingredient sectors
Thai Wah Public Company Limited continues to lead through a clear vision of “Creating Innovation for Better Lives,” blending tradition with innovation and sustainability for global impact in the agri-food value chain.