Mitr Phol Group is Thailand's and Asia's biggest sugar and bio-energy producer.
Mitr Phol Sugar Corp is a privately owned group of companies, mainly owned by the Vongkusolkit family. As of 2014, Mitr Phol is ranked as the world's fifth largest sugar producer,[2] and the largest producer in Asia. It is Thailand's largest sugar producer and the second largest in China through its joint venture company East Asia Sugar. In addition to Thailand and China, Mitr Phol has operations and investments in Lao PDR and most recently Australia. Its key business units include sugar, wood substitute materials, and renewable energy.
History
Mitr Phol sugar business was established as a small family business in Ban Pong district, Ratchaburi province, producing and trading condensed syrup to sugar mills in 1946. In 1956, the company began to produce its own sugar. In 1983, Mitr Phu Kieo Sugar Mill was constructed in Phu Khiao district, Chaiyaphum province, with a sugarcane processing capacity of 27,000 tonnes per day. In 1990, Mitr Phol Sugar Mill in Suphan Buri province was established with a processing capacity of 45,500 tonnes per day. The company expanded its business internationally in 1993 to Guangxi province, China with four mills. Mitr Phol owns seven sugar mills in Guangxi and with an annual capacity of approximately 10 million tonnes of cane, or approximately 1.3 million tonnes of sugar per year.