Ubon Bio Ethanol Public Company Limited (UBE)

Ubon Bio Ethanol Public Company Limited (the " Company " or " UBE ") is Thailand's leading manufacturer and distributor of processed cassava products. Its core products include ethanol, tapioca Starch, and cassava flour which are available in both conventional (native) and organic forms. The Company is recognized as the largest well-integrated tapioca player in the northeast region of Thailand, as it uses more than 1,200,000 tons of cassava roots as raw materials for ethanol and tapioca Starch/flour production annually.The Company focuses on maximizing the value of by-products from ethanol and starch production process, which include wastewater and cassava pulp, by utilizing the residues as primary feedstock for biogas production. Such biogas will be used as substitute energy in ethanol and starch plants and partly used to produce electricity for its own factories to save electricity cost. The excess amounts of electricity will then be sold to Provincial Electricity Authority (PEA) to create additional source of income.Beside ethanol and starch production, and biogas power generation, the Company extends its business to cover high-value agricultural products with potential to sell domestically and internationally. In 2020, the Company started organic agribusiness with an expansion into organic coffee and organic rice market. The Company also carries out research and development for various agricultural products such as production of Total Mixed Ration (TMR) from its own napier grass to feed cattle.