Message from the Chairman
❝ 2024 has been another year filled with challenges and transformations at both global and national levels. The global economy continues to be impacted by geopolitical factors, conflicts between major powers, the wars in Ukraine and the Middle East, as well as persistent inflation and high interest rates. Although these economic conditions have affected industries in Thailand, particularly the plastics and automotive sectors, Srithai Superware remains focused on enhancing efficiency and managing costs effectively. This is achieved through technological advancements, process improvements, and the introduction of environmentally friendly innovations to align with rapid shifts in industry trends and consumer behavior. At the same time, the Company is committed to developing workforce capabilities and strengthening its team with the next generation of talents. ❞
Over the years, the Company has embraced the "3 Saves" approach: Save Material, Save Energy, Save the World along with the principles Circular Economy as the core of its operations. The focus has been on maximizing resource efficiency, reducing greenhouse gas emissions, and promoting the use of post-consumer recycled (PCR) pellets in production to meet growing market demand for sustainability. The Company has obtained Carbon Footprint for Organization (CFO) certification for its headquarters in Suksawat and its plants in Bangpoo and Amata City Chonburi. Additionally, plans are underway to extend certification to other facilities, including Carbon Footprint for Products (CFP), to meet customer demands and further enhance environmental standards.
Demonstrating its commitment to transparent and sustainable management, the Company has been recognized as one of the ESG100 companies in the Packaging sector by the Thaipat Institute in 2024. It has also achieved an “A” rating in the SET ESG Rating for the second consecutive year from the Stock Exchange of Thailand and received an “Excellent” CG Rating from the Thai Institute of Directors (IOD) for the ninth consecutive year. These achievements reflect the Company’s dedication to corporate governance principles, transparency, and accountability. The Company is dedicated to upholding integrity and social responsibility, continuously refining production standards and sustainability practices to reinforce trust among shareholders, business partners, suppliers, and customers.
In 2025, the Group will implement an organizational restructuring and strengthen its workforce with a new generation of talents to meet business demands and enhance organizational resilience. Modern technology will be integrated across all processes, from improving production efficiency and reducing energy consumption to digitalizing management systems within the organization and customer service. The Company will leverage AI and customer data analytics to develop business strategies that are agile and aligned with market trends. It will also focus on eco-friendly packaging innovations that comply with international standards. Furthermore, the Company prioritizes prudent and disciplined financial management to ensure liquidity and cash flow stability to enhance its competitive advantage
As for expansion plans, the Group will continue advancing its factory development projects in Vietnam and India to support market growth and strengthen the regional supply chain. Finally, on behalf of the Board of Directors, executives, and employees of Srithai Group of companies, we would like to express our sincere gratitude to our shareholders, business partners, suppliers, customers, and all stakeholders for their continued trust and support. We are committed to steering the organization toward sustainable growth while continuously delivering value to all stakeholders in the years ahead.
Mr. Sanan Angubolkul
Chairman of the Board & President
