Asia Cassava Resources, set up in 1984, is the largest exporter of dried cassava chips in Thailand and the largest supplier of dried cassava chips imported from Thailand to the PRC for over 25 years. The company is listed in the Hong Kong Stock Exchange since 2009 (stock code 0841). The bilateral trade of dried cassava chips between Thailand and the PRC was about two-third of the world total and Asia Cassava Resources accounted for over 30% traded between the two countries. The Group began its cassava procurement business in Thailand in 2001 sourcing dried cassava chips from Southeast Asia, storing them in its warehouse facilities, organizing shipping and delivery logistics and selling the products mainly under its own “Artwell” brand to customers in the PRC. The Group maintains business relationships with over 200 cassava suppliers in Southeast Asia and the customers it serves are sizeable enterprises in their respective industries including ethanol fuel, consumable ethanol, feed-mill factories and chemical products. Currently, the Group operates nine warehouses and jetty facilities throughout Thailand, and branches in Cambodia, Laos, and Vietnam. The Group also has five offices and liaison centers located in Rizhao, Qingdao, Jinan, Lianyungang and Shenzhen.
The dried cassava chips supplied by the Group have a starch content of 67% or above, which is higher than the 65% Standard for Cassava Products issued by the Ministry of Commerce of Thailand and much appreciated by customers. The Group also pioneered the “365-day open door policy” sourcing cassava chips at open price to guarantee it has stable dried 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.
