INTRODUCTION
Thai Rubber Latex Group Public Company Limited, which is popularly known as “THAITEX”, was incorporated on December 6, 1985 with the purpose of operating as a manufacturer and distributor of concentrated latex and other latex products. On March 8, 1993 the company was listed at the Stock Exchange of Thailand and the company’s shares are being traded under the code name of TRUBB. THAITEX has become a very well-known and well accepted brand in the global latex industry.
CORPORATE PHILOSOPHY
Thai Rubber Latex Group Public Company Limited. Operates under the firm determination to make efficient use of resources. To produce quality products, which supercede the standrads that are internationally accepted including bringing new innovations used in production to meet the needs of consumers and in accordance with the sustainable development of the global market.
VISION
Our products are green products. We provide the best quality products to our customers. We create the sustainability for our shareholders.
MISSION
1. To produce the green products that are superior to international standards to meet the needs and satisfaction of customers;
2. To create the quality products that are friendly to the society and environment;
3. To develop new innovations in order to create sustainable development value for all stakeholders;
4. To develop the people with maximum efficiency and environment, social and governance mindset.
THAITEX'S CORE VALUES
T: Trustworthy
To be honest; to keep promises and words; dare to speak and act; to guarantee quality product delivery and at the appointed time.
H : High Quality
To produce high quality products that are higher than the specified standards so that customers receive maximum satisfaction.
A : Accountability
The employees know their duties; being responsible; work with discipline; pay attention to the work; deliver the work correctly on schedule; dare to face the obstacles in order to complete the work according to the goal.
I : Innovation
To initiate new things; think outside the box; open to new things; continuously develop and improve; have the courage to try and make mistakes; have curiosity; eager to experiment and be creative.
T : Teamwork
The employees in all departments cooperate; help each other in every job with willingness; help each other solve the problems with the same goal; accept and listen to the opinions of others and; are ready to use them for making the corrections and improvements.
E : ESG
To drive the operation by taking into account the important issues regarding the organization's sustainability and impacts on the stakeholders involved in their commission in accordance with the principles of environment conservation, social responsibility and good corporate governance.
X : Excellence
To focus on the performance of duties to achieve an excellent standard, being the market leader; develop the potential to be ready in every situation in order to create the financial and business stability.
STRATEGY
- Select the source of good and fresh raw materials with suitable quality for productions.
- Procurement of sufficient raw materials for full prodution.
- Bring new innovations to use in production. To reduce production cost and increase product variety.
- Implementing it systems to help manage the organization effectively.
- Increase sales from existing customer base and find new the market segment.
- Set up the cost savings at the corporate level.
- Mange the human resources effectively.
COMPANY PROFILE
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The company was registered with a paid up capital of Ten Million Thai Baht, under the name of Orient Rubber Latex Company Limited with the objective of manufacturing and selling natural rubber latex products such as concentrated latex, skim block and crepe rubber located in Nongyai district, Chonburi province.
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On January 10, 1989, Orient Rubber Latex Company Limited changed its name to Thai Rubber Latex Corporation (1988) Company Limited. or "THAITEX" as a Concentrated Latex Producer Group with the objective of distributing concentrated latex 60% DRC both locally and internationally.
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Later, the company changed its name to Thai Rubber Latex Corporation (Thailand) Company Limited and acquired shares of Thai Rubber and Latex Company Limited (Rayong province), Excel Rubber Company Limited (Songkhla province) and Orient Surat Rubber Company Limited (Surat Thani province) to standardize the quality of Concentrated Latex produced by the company and to continuously meet the expanding demand of the latex consuming industrial sector.
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The company was listed in the Security Exchange of Thailand under the name of Thai Rubber Latex Corporation (Thailand) Public Company Limited on March 8, 1993, under the policy of steady growth and continuous expansion of investment in businesses that are beneficial to the company's core business and the company’s stakeholders.
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The company moved to its own office building located at 99 / 1-3 Moo 13, Soi Bangna-Trad 45, Bangna-Trad Road Km.7, Bangkaeo, Bangphli District, Samutprakarn 10540. In accordance with the company’s policy to expand the volume of quality latex production, another new company was established under the name of Phuket Latex Company Limited in Phang Nga province.
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The company continued to invest in both upstream and downstream business by acquiring World Flex Public Company Limited, Rayong, which produces and exports Rubber Thread to overseas markets. And also by investing in Wang Somboon Rubber Plantation Company Limited in Sakaeo province.
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To expand the company’s interest in rubber plantations, THAITEX established Thai Rubber City Company Limited in Nan, Chiang Rai and Phayao province. Later Thai Rubber City Company Limited changed its name to Thai Rubber Land and Plantation Company Limited to consolidate and effectively run its rubber plantation operations
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All 7 subsidiary latex manufacturing companies were merged under Thai Rubber Latex Group Company Limited on July 1, 2005.
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THAITEX invested by acquiring 56% shareholding of Latex Systems Public Company Limited which manufactures and sells natural rubber latex mattresses and pillow both in domestic and export market.
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Thai Rubber Latex Group Company Limited acquired the ordinary shares of the company, Thai Rubber Latex Group Company Limited. (Shanghai), China another subsidiary, in order to operate all types of rubber products trading.
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All shares and assets of Thai Rubber Latex Group Company Limited were transferred to Thai Rubber Latex Corporation (Thailand) Public Company Limited (Mother Company) on December 29, 2017.
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On July 4, 2019, Thai Rubber Latex Corporation (Thailand) Public Company Limited changed its name to Thai Rubber Latex Group Public Company Limited.
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Thai Rubber Gloves Company Limited was established on January 8, 2021 to produce and to distribute natural rubber latex gloves in both domestic and overseas market.
At present, THAITEX Group consists of 6 factories producing concentrated latex, including other rubber products obtained from the production of latex.
