Founding Date
Business Partner
Starch Content
Asia Cassava Resources, set up in 1984, isthe largest exporter of dried cassava chips in Thailand and the largestsupplier of dried cassava chips imported from Thailand to the PRC between 2003and 2014. The bilateral trade of dried cassava chips between Thailand and thePRC was about two-third of the world total and Asia Cassava Resources accountedfor over 30% traded between the two countries. The Group began its cassavaprocurement business in Thailand in 2001 sourcing dried cassava chips fromSoutheast Asia, storing them in its warehouse facilities, organising shippingand delivery logistics and selling the products mainly under its own “Artwell”brand to customers in the PRC. The Group maintains business relationships withover 200 cassava suppliers in Southeast Asia and the customers it serves aresizeable enterprises in their respective industries including ethanol fuel,consumable ethanol and chemical products. Currently, the Group operates ninewarehouses and jetty facilities throughout Thailand, and branches in Cambodia,Laos, and Vietnam. The Group also has five offices and liaison centres locatedin Rizhao, Qingdao, Jinan, Lianyungang and Shenzhen.
The dried cassava chips supplied by theGroup have a starch content of 67% or above, which is higher than the 65%Standard for Cassava Product[s] issued by the Ministry of Commerce of Thailand,and much appreciated by customers. The Group also pioneered the “365-day opendoor policy” sourcing cassava chips at open price to guarantee it has stabledried cassava supply and cassava farmers in Thailand have steady incomes.
The company has over 30 years of industry experience, enjoys a good reputation and word-of-mouth in the industry, and has a large number of long-term and stable high-quality customer resources spread across Southeast Asian countries such as Thailand, Laos, and Cambodia.
The company is expanding its acquisition network in Southeast Asian countries at an annual rate of 15%. Currently, it is developing new drying yards and acquisition networks in multiple locations in Laos. The company’s acquisition network in Thailand already occupies the main position in Thailand’s cassava acquisition network.
The company has its own fleets of vehicles and ships for transportation in Thailand and Laos. It has a professional boat leasing team and dedicated loading docks in places such as Bangsai, Nakhon Luang, Chon buri, and Sriracha
The company went public in 2009 and operates well. It has excellent corporate reputation and credibility. The company is rooted in the international financial center Hong Kong and has received strong support and cooperation from numerous banks and financial institutions in the Hong Kong area, providing stable and sufficient sources of funding.
The group has established subsidiaries in Cambodia, Laos, and Vietnam, and has branches and liaison offices in domestic cities such as Rizhao, Qingdao, Jinan, Lianyungang, Shenzhen, Xiamen, and Quanzhou. The group’s domestic customer base consists of well-known large and medium-sized enterprises, including the industries of fuel ethanol, edible alcohol, and chemical products.
The company has accumulated talent in the bulk commodity trading field, such as dried cassava, for over thirty years. It has formed a team of acquisition and sales professionals with a combination of experienced, middle-aged, and young talents. The company continues to attract new talents to further expand its team.
