Sri Trang Gloves (Thailand) Public Company Limited (“STGT”) is set to deliver orders of natural rubber gloves produced from EUDR latex sourced from parent company, Sri Trang Agro-Industry Public Company Limited (“STA”), to customers in the medical and other industries sector by August 2024. This move underscores the company's readiness to comply with the traceability measures for natural rubber and processed rubber products, which will be enforced by the European Union by the end of this year and other regions worldwide in the future.
Ms. Jarinya Jirojkul, Chief Executive Officer of STGT, The leading producer and distributor of natural rubber and nitrile gloves in Thailand and one of the largest globally, announced that the company is proceeding with the delivery of EUDR-compliant rubber gloves to customers who placed orders in July, with shipments to Greece scheduled for August 2024. This follows the European Union's forthcoming enforcement of the EU Deforestation Regulation (EUDR), effective from December 31, 2024. The regulation mandates that exports of natural rubber and rubber products to Europe must undergo traceability checks to ensure that they do not originate from deforested or illegally occupied forest areas.
Currently, STGT is ready to export all types of EUDR rubber gloves, and continuous readiness measures implemented in recent times. We have a competitive advantage in our production supply chain, starting from the upstream stage. This includes sourcing EUDR natural rubber latex, the primary raw material for producing natural rubber gloves, from STA. STA has developed a comprehensive land plot database management system for rubber plantations operated by farmers and rubber traders, along with a system that ensures 100% traceability of rubber origins through the "Sri Trang Friends" application. Additionally, the introduction of "Traceable Natural Rubber (GPS)" which allows for traceable rubber origins, demonstrates our readiness to comply with EUDR requirements from Europe and other regions that may demand traceability of rubber origins in the future.
"We have proactively prepared for the production and export of EUDR rubber gloves to the European Union and trading partners by leveraging the advantage of Sri Trang Group's fully integrated supply chain, from upstream to downstream. This enables us to enhance our competitive edge and swiftly adapt our production to comply with EU regulations. Furthermore, we focus on operating in line with policies that prioritize environmental, social, and governance (ESG) aspects, maintaining our commitment to sustainable and transparent business practices. By adhering to these standards, we aim to uphold our leadership position in the global rubber glove industry and continue delivering on our promise to 'Protect Every Touch with Care' for lives around the world," said Ms. Jarinya.