Thai Roong Ruang Explained

Industry:	Sugar producing
Founded:	1946
Founder:	Suri Asdathorn
Hq Location Country:	Thailand

The Thai Roong Ruang Group (TRR Group, Thai: กลุ่มไทยรุ่งเรือง) is Thailand's and Asia's second-largest sugar producer.^{[1] [2] [3]}

The company was founded by Suri Asdathorn in 1946 during a period of post-World War II sugar shortage. The company grew through Suri's successful investments in the rapidly expanding market, as well as his connections in the governments of Plaek Phibunsongkhram and Sarit Thanarat. By 1971, the company's group of factories contributed to 40 percent of the country's sugar production capacity.^[4] The company has since branched out into include renewable energy production (from biomass) and warehouse operation via its subsidiary businesses.^[5] TRR is currently not listed on the Stock Exchange of Thailand.^[6]

Notes and References

1. News: Chanjaroen. Chanyaporn. Suedzucker Leads the Top 10 Sugar-Producing Companies. Bloomberg. 4 November 2011 . 29 October 2017.
2. Web site: INTERVIEW-Thai Roong Ruang may export 10 pct more sugar in 2010. Reuters. 30 October 2017.
3. Web site: TRR Sugar Group anticipates exports surge. IEG Vu. 30 October 2017.
4. อาณาจักรไทยรุ่งเรืองเมื่อเถ้าแก่หลิ่นยังอยู่..เจ้ายุทธจักรอุตสาหกรรมน้ำตาลย่อมยั่งยืน. Manager (ผู้จัดการ). December 1987. 31 October 2017.
5. Web site: Lin Sweet Creation History. Lin Sweet Creation. 25 October 2017.
6. News: Wongsamuth. Nanchanok. Thai Identity committed to listing on SET to fund expansion. Bangkok Post. The Post Publishing. 30 October 2017.