The story of the STC Group has been one of continual drive and expansion. It began in 1974 when a team of traders with over ten years’ experience in rice milling joined forces to establish the Saeng Thai Bangpakong Co., Ltd. The company began with warehousing in the tapioca business, but quickly expanded into a major purchasing and trading centre for rice export.
The company’s rice business had grown up so much by 1977 that the Capital Rice Co., Ltd. was formed to handle it. Thus the nucleus of the group was formed, its name taken from the initials of its two founding companies –ST for Sang Thai Bangpakong and C for Capital Rice. The STC Group was born since then Capital Rice has expanded steadily until today it is one of the largest rice exporters in Thailand.