Research and Development Policy

Good Corporate Governance

 

Research and Development Policy

Sri Trang Agro-Industry Public Company Limited (“the Company”) and its subsidiaries pay attention to research and development (R&D) of the Sri Trang Group as a whole to create competitiveness and business growth in accordance with the Company’s mission and vision. This shall lead to the sustainable achievement of our business goals, covering all aspects throughout the rubber supply chain. Moreover, the development of artificial intelligence and technologies for new businesses shall help increase competitive opportunity and respond to changes in the future.

R&D is to maximize the available innovation and technologies or to innovate and create new technologies by ourselves together with internal and external partners. The Company therefore defines three objectives for R&D as follows:

  1. R&D to increase production efficiency, to reduce production costs, and to enhance competitiveness;
  2. R&D to reduce environmental impact arising from internal and external organization for sustainable business;
  3. R&D to support new businesses with the aim to create business opportunity and knowledge, to enhance the Company’s competitiveness, and to reduce business operational risk