Specialty Natural Products Public Company Limited (SNPS) celebrates its 25th years anniversary, promoting business strategies for sustainability to grow alongside Thai society. Moving forward to push Thai herbs to the world-class industry, reinforcing a clear vision and preparing to elevate the company to be listed on the Stock Exchange of Thailand (SET) soon.
Assoc.Prof.Dr.Panvipa Krisdaphong, Chairman of the Executive Committee of Specialty Natural Products Public Company Limited or SNPS, revealed that SNPS journey of growth to the 25th years anniversary has a beginning from the intention to raise the reliability standard of Thai herbs, and to increase the strength of Thai agricultural production by applying science to increase the value of domestic herbs to be able to meet the human needs in order to be able to compete at the global level. This is in line with the company’s vision of “Creating Thai herbs to a new phenomenon of sustainable value” by inventing, creating, developing innovations to elevate Thai herbs toward international standards and thus create a sustainable livelihood and a sustainable world. The ambition has started with establishing Specialty Natural Products Public Company Limited or SNPS to operate a comprehensive herbal business (Integrated Sustainability Solution), encompassing the production and distribution of standard herbal extract, and also beauty, wellness, and hygiene products. These include both cosmetic and cosmeceutical products Dietary supplements, supplements, herbal and medical products. Services include Original Design Manufacturing (ODM) and Original Brand Manufacturing (OBM).
Based on more than 25 years of experience and expertise in herbs, SNPS has a large database of standard herbal extracts and can bring the knowledge available, including the use of technology and various innovations, to expand upon and develop both standard herbal extracts and products for wellness, beauty, and hygiene that are unique and different. And moreover, effectively meet the needs of ever shifting market and consumers trends. At the same time, the company also emphasizes the importance of quality and standards of the production process with many international quality certifications such as ISO22716:2007, FSSC22000, GMP, HACCP, GHPs, GMP PIC/S, etc.
Dr.Theeraya Krisdapong, Chief Executive Officer of Specialty Natural Products Public Company Limited or SNPS, added that over the past 25 years, SNPS has operated its business with the principle of ‘Partnering with nature, Empowering growth’ with the goal of developing society and community to grow along with business operations, to side stand by side with Thai society and reinforce clear goals according to the mission that is divided into “4C or 4P” which are: 1. Cultivation or “Plook” in collaboration with the Thai Agricultural Network to improve the efficiency of medicinal plant cultivation in order to obtain quality and standard of herbs; 2. Creation or “Phun” Thai herbal extract innovation through the cooperation between Thai and foreign researchers; 3. Conversion or “Plean” herbal extracts into valuable product forms to both the domestic and international markets and; 4. Contribution or “Pun” to society, the environment, and youth on top of paying attention to every business process that creates sustainability according to green factory standards along with sharing various academic knowledge to farmers to create income value and expand the business to pass on to the next generation so that they can proudly use products from Thai herbal extracts.
Meanwhile, to reinforce the status as a researcher and deliver standard active ingredients from natural products and Thai herbs (API: Active Phyto-Innovention) to the market; recently, SNPS has successfully collaborated with the National Nanotechnology Centre (NANOTEC) of the National Science and Technology Development Agency (NSTDA) in the development of
“B GOLDTM“, a pure black ginger extract with the highest flavonoid content in the form of nanoparticles, which is now a patented innovation.
Alongside this succession, SNPS will continue the success and elevate the organization to the next level, SNPS decided to list the company on the Stock Exchange of Thailand (SET), which is an important step to push the company to be known and grown image internationally. As a results, this decision will also create business opportunities for SNPS Group including creating long-term growth and stability. In addition, listing on the Stock Exchange of Thailand (SET) will raise funds for investment in advanced technology and working capital to enhance business liquidity, as well as help reduce the company’s financial costs to support the business toward sustainable and stable growth.
