Khon Kaen Sugar
Encyclopedia
Khon Kaen Sugar is a sugar-manufacturing company
based in Thailand
. Its corporate headquarters are located in Bangkok
. Principal manufacturing facilities are located in Khon Kaen
of northeastern Thailand.
, producing 250 bags of sugar a day. The company spent the next decades merging with and acquiring companies and in 1974 organized itself and its companies as KSL Group. It listed at the Stock Exchange of Thailand
in 2005, and is on the SET50 Index, and is currently the only sugar company at the SET.
s and is the largest exporter of seasoning products in Thailand; and Chengteh Chinaware Thailand, which produces and trades ceramic
giftware
. As of 2003 KSL is working to use waste molasses
and bagasse
for the production of ethanol
and gasahol.
Sugar
Sugar is a class of edible crystalline carbohydrates, mainly sucrose, lactose, and fructose, characterized by a sweet flavor.Sucrose in its refined form primarily comes from sugar cane and sugar beet...
based in Thailand
Thailand
Thailand , officially the Kingdom of Thailand , formerly known as Siam , is a country located at the centre of the Indochina peninsula and Southeast Asia. It is bordered to the north by Burma and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the...
. Its corporate headquarters are located in Bangkok
Bangkok
Bangkok is the capital and largest urban area city in Thailand. It is known in Thai as Krung Thep Maha Nakhon or simply Krung Thep , meaning "city of angels." The full name of Bangkok is Krung Thep Mahanakhon Amon Rattanakosin Mahintharayutthaya Mahadilok Phop Noppharat Ratchathani Burirom...
. Principal manufacturing facilities are located in Khon Kaen
Khon Kaen
Khon Kaen is a city in Isan, Thailand. It is also the capital of Khon Kaen province and the Khon Kaen district.-Geography and demography:Khon Kaen is located in the Khorat Plateau, in the central-northwestern area of Isaan...
of northeastern Thailand.
History
Khon Kaen was founded as Kwang Soon Lee in 1945 in Bangkok and in 1952 moved to a plant in ThonburiThonburi
Thon Buri is an area of modern Bangkok. It was capital of Thailand from 1767 to 1782, during the reign of King Taksin, after the previous capital Ayutthaya was sacked by the Burmese. It is located on the opposite bank of Chao Phraya River to Bangkok...
, producing 250 bags of sugar a day. The company spent the next decades merging with and acquiring companies and in 1974 organized itself and its companies as KSL Group. It listed at the Stock Exchange of Thailand
Stock Exchange of Thailand
The Stock Exchange of Thailand is the national stock exchange of Thailand. It is located in Bangkok. As of 31 December 2007, the Stock Exchange of Thailand had 541 listed companies with a combined market capitalization of $280 billion. The indices of the stock exchange are SET Index, SET50 Index...
in 2005, and is on the SET50 Index, and is currently the only sugar company at the SET.
Subsidiaries
Other KSL subsidiary companies include Thai Fermentation Industry, which produces Red Spoon brand condimentCondiment
A condiment is an edible substance, such as sauce or seasoning, added to food to impart a particular flavor, enhance its flavor, or in some cultures, to complement the dish. Many condiments are available packaged in single-serving sachets , like mustard or ketchup, particularly when supplied with...
s and is the largest exporter of seasoning products in Thailand; and Chengteh Chinaware Thailand, which produces and trades ceramic
Ceramic
A ceramic is an inorganic, nonmetallic solid prepared by the action of heat and subsequent cooling. Ceramic materials may have a crystalline or partly crystalline structure, or may be amorphous...
giftware
Gift
A gift or a present is the transfer of something without the expectation of receiving something in return. Although gift-giving might involve an expectation of reciprocity, a gift is meant to be free. In many human societies, the act of mutually exchanging money, goods, etc. may contribute to...
. As of 2003 KSL is working to use waste molasses
Molasses
Molasses is a viscous by-product of the processing of sugar cane, grapes or sugar beets into sugar. The word molasses comes from the Portuguese word melaço, which ultimately comes from mel, the Latin word for "honey". The quality of molasses depends on the maturity of the sugar cane or sugar beet,...
and bagasse
Bagasse
Bagasse is the fibrous matter that remains after sugarcane or sorghum stalks are crushed to extract their juice. It is currently used as a biofuel and as a renewable resource in the manufacture of pulp and paper products and building materials....
for the production of ethanol
Ethanol
Ethanol, also called ethyl alcohol, pure alcohol, grain alcohol, or drinking alcohol, is a volatile, flammable, colorless liquid. It is a psychoactive drug and one of the oldest recreational drugs. Best known as the type of alcohol found in alcoholic beverages, it is also used in thermometers, as a...
and gasahol.