CÔNG TY TNHH THAI WAH VIỆT NAM
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Thai Wah Starch Public Company Limited (“TWS”) (originally known as Thai Wah Co., Ltd.) was incorporated in 1947 to initially buy wolframite, an iron oxide ore of tungsten.
TWS entered into the tapioca business by buying flour from many existing small factories in order to export to the United States of America. Even though the flour they had purchased was of relatively poor quality, the business was fairly profitable. This was due to the fact that during that period tapioca flour was in great demand and that Brazil and Indonesia, the two main producing nations, were unable to produce sufficient quantities to supply world demand. TWS decided to expand the tapioca business by buying cassava roots and processing its own tapioca flour. TWS identified a suitable site for its own factory and secured a long-term lease in the Sriracha area on Sukhumvit Road. This became TWS’s first tapioca factory and was known as Thai Wah 1 in those days. Tapioca flour was marketed under the company’s own “ROSE” brand and was welcomed by international buyers because its quality met international standard. |
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