- Business
- Univanich Palm Oil Public Company Limited engages in oil palm plantations, crushing mills, oil palm research and seed production, and biogas electricity generation primarily in Thailand and the Philippines. The company produces crude palm oil (CPO) for use in food products such as biscuits, creamer and ice cream, as well as in cosmetics, oleochemicals including fatty acids and methyl esters, and biodiesel; crude palm kernel oil (CPKO) and palm kernel cake (PKC) as byproducts for food, soaps, health supplements and animal feed; high-yielding drought-tolerant hybrid oil palm seeds and seedlings from its internationally recognized Oil Palm Research Centre for local farmers and export to over fifteen countries; and renewable electricity from methane capture biogas systems at multiple factories. Univanich Palm Oil Public Company Limited, founded in 1968 and headquartered at 258 Aoluk-Laemsak Road in Krabi, Thailand, operates five crushing factories in Thailand with a combined capacity exceeding 240 tonnes of fresh fruit bunches per hour and one in Carmen, North Cotabato, Philippines with 60 tonnes per hour capacity; it maintains nurseries in Krabi, Phang Nga, Nakhon Si Thammarat and Phatthalung; and holds a 51% indirect stake in Univanich Carmen Palm Oil Corporation through its 99.99%-owned Univanich Agribusiness Corporation subsidiary. The company continues replanting older palm stands with improved high-yield varieties to boost productivity and reduce costs, while recently commencing construction in September 2024 of its sixth Thai processing factory at Cha Uat with 60 tonnes per hour capacity and completing expansion of the Pabon factory to 60 tonnes per hour in June 2024 to accommodate rising regional fresh fruit bunch output.