Sri Trang Agro-Industry Public Company Limited (STA), The world’s largest fully integrated natural rubber enterprise and Thailand’s leading rubber glove manufacturer, led by its subsidiary Sri Trang Rubber and Plantation Company Limited, continues to diversify its business portfolio and strengthen its long-term resilience by announcing the launch of the “Sri Trang Palm Growing a Sustainable Future” project. With an investment of more than THB 60 million, the project will pilot the planting of oil palm on 1,461 rai of land in 5 strategic provinces. The Group is leveraging its Asset Optimization strategy combined with modern agricultural technologies and guided by its ESG principles. Harvesting is expected to begin by 2029.
This expansion into the palm oil business marks another significant step in strengthening Sri Trang Group’s business capabilities, enhancing the resilience of its portfolio, and laying the foundation for long-term sustainable growth. It aims to leverage existing resources, strong operational networks, and new business opportunities while prioritizing community, social, and environmental responsibility. This pilot project covers planting areas in Chonburi, Rayong, Sa Kaeo, Surat Thani, and Songkhla provinces, totaling 28,072 trees.
Mr. Veerasith Sinchareonkul, Chief Executive Officer of Sri Trang Agro-Industry Public Company Limited, shared his vision for this project, stating, “The ‘Sri Trang Palm Growing a Sustainable Future’ project reflects the Group’s commitment to leveraging organizational potential and optimizing the use of the Group’s resources, based on the Asset Optimization concept. This involves developing the Group’s land to create long-term added value while growing responsibly alongside our communities and creating lasting value for society and the environment.
For Sri Trang, this project is not just about expanding into a new cash crop, but a significant step in creating shared value for all sectors. It promotes employment, creates jobs, supports the local economy, and lays the foundation for stable and sustainable growth in the future. The palm trees planted through this initiative symbolize the Group’s intention to grow alongside the community and pass on a sustainable future to society in the long term.”
Mr. Udom Pruksanusak, Chief Executive Officer (Plantation) of Sri Trang Rubber & Plantation Company Limited, discussed the Group’s operational readiness, stating, “Sri Trang prioritizes a systematic approach to developing its palm oil business, from site selection and the use of quality seedlings to plantation planning and modern agricultural management. In the first phase of planting, the largest proportion of the initial investment has been allocated to Songkhla Province, accounting for 43% of the total planting area, as it is suitable in terms of climate conditions, rainfall patterns, infrastructure readiness, and connection to the Group's operational and logistics network, which will help maximize the efficiency of plantation management.
“In addition, the project operates under the ESG principles, focusing on sustainable land management, soil and water conservation, and the application of technology and innovation, such as geographic information system (GIS), drone technology for agricultural operations, digital field monitoring systems, and data-driven decision-making, to maximize operational efficiency, reduce environmental impact, and support the sustainable development of surrounding communities. The Group expects to begin commercial harvesting within approximately three years, or around 2029, and will closely monitor the growth trends of the palm trees, the productivity of the selected palm varieties, and the overall performance in order to consider development guidelines and opportunities for further expansion of planting areas.”
On June 19, 2026, Sri Trang Group held a Kick-off event for the “Sri Trang Palm Growing a Sustainable Future” project in Sadao District, Songkhla Province. Executives and employees from Sri Trang Group participated in the event to plant the first palm tree, symbolizing the official start of Sri Trang's oil palm planting project. The event marked another milestone in Sri Trang’s commitment to building a sustainable new business while creating long-term value for communities, society, and the environment.
