{"id":6804,"date":"2023-12-21T08:25:23","date_gmt":"2023-12-21T01:25:23","guid":{"rendered":"http:\/\/10.228.26.34:34074\/annual-report2023\/?p=6804"},"modified":"2023-11-06T15:19:30","modified_gmt":"2023-11-06T08:19:30","slug":"neo-factory-co-ltd","status":"publish","type":"post","link":"https:\/\/www.mtec.or.th\/annual-report2023\/en\/neo-factory-co-ltd\/","title":{"rendered":"Neo Factory Co., Ltd."},"content":{"rendered":"\t\t
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Neo Factory Co., Ltd.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Ms. Nitchamon Thakolsri, Deputy Chief Executive Officer-Business Innovation Neo Factory Co., Ltd.<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Neo Factory was established in 1989 to be a leading Thai consumer goods manufacturer.  Over the years, Neo Corporation PCL\u2019s fruitful collaboration with Neo Factory has resulted in relentless R&D and high-caliber products.  Neo Factory is committed to raising the quality of life of all customers, making every day blissful with its well-known and trusted  brands, including Fineline, D-nee, BeNice, TROS, Eversense, Vivite, Smart, and Tomi.<\/p>\n

Our storied history began with the passion to produce high-quality Thai roll-ons and cologne at an affordable price, on par with global standards.  We later expanded to toiletries and household products to fulfill customer expectations and become an essential part of their life.  We are committed to pioneering a greener and more socially responsible future, which is why we have made sustainability an integral part of our core operations.     <\/p>\n

As Neo Factory\u2019s Deputy CEO of Business Innovation, Ms. Nitchamon Thakolsri said, we value quality and safety in our relentless pursuit of customer satisfaction.  We promote research and development to serve increasingly complex formulations, ensuring that every launched product undergoes rigorous new product development practices, including market research, opinion surveys, trial sampling, and grueling technical tests.<\/p>\n

\u201cSince our products come into direct contact with the skin, it is vital that we conduct allergy tests to ensure safety in humans before they enter the production and marketing phases,\u201d  Ms. Nitchamon reiterated, emphasizing our commitment to diverse R&D and  making a positive contribution to society with both high-quality products and brand recognition.<\/p>\n

Ms. Nitchamon gave a classic and noteworthy example of talcum powder, which has been in the news recently due to its potential to contain carcinogenic asbestos. Upon learning that our supplier sent a sample of talcum powder to the MTEC laboratory for testing, we decided to investigate the laboratory\u2019s testing capabilities and service scope in the hope of strenghthening our selling proposition.  Since then, MTEC has continuously provided our company with professional testing services, including the recent 28-day  compostability test of our detergent products, which showed no threat to the environment.<\/p>\n

When asked about the company\u2019s environmental vision, Nitchamon elaborated on the importance and using MTEC\u2019s testing services, stating:<\/p>\n

\u201cWe are deeply committed to environmental preservation, and we have initiated the  \u2018Save The World\u2019 project to innovate an excellent environmentally friendly detergent product with water-compostable capability. Neo Factory has prioritized the sustainable choice from the outset, encouraging the sourcing of degradable raw materials and stringently controlling manufacturing processes to ensure quality assurance.  Finally, to confirm that our environmentally friendly detergents do not release harmful residue into the environment, we seek compostability testing services from a reliable laboratory, MTEC, which is accredited with ISO 17025 and DIN CERTCO. This accreditation demonstrates that MTEC\u2019s laboratories meet the highest international standards. MTEC\u2019s sophisticated equipment, competent researchers, and beneficial technical counsel have instilled in us confidence in its comprehensive, high-quality, safe, and productive services.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Regarding biodegradability testing, Ms. Nitchamon recommends that \u201cthe company seize the opportunity to improve and create successful products that meet world-class standards.\u00a0 While MTEC has the necessary equipment to meet our requirements, the limited availability of its laboratories could be improved. Five samples per testing lot are sometimes insufficient for our company, so enhancing the laboratories\u2019 performance would benefit both of us in staying ahead in the fast-paced scientific world.\u00a0 However, overall, MTEC\u2019s services and accountability have been satisfactory.\u00a0 MTEC\u2019s systematic staff and on-schedule obligation simplify our planning, while qualified researchers provide effective solutions to any problems that arise, ensuring timely and high-quality deliverables.<\/p>

Neo Factory\u2019s strong commitment to advanced innovation and technology is\u00a0 exemplified by Ms. Nitchamon\u2019s reiteration of the company\u2019s commitment to enhancing the quality of life and making every day blissful for all customers. \u00a0The company looks forward to\u00a0 collaborating with MTEC in R&D to improve the development and creation of new and quality products through cooperation and guidance, especially in the field of testing. Finally, the company looks forward to the opportunity to conduct an on-site visit at MTEC.<\/p>

\u201cFinally, we are inspired to make green choices for our products that adhere to our corporate policies.\u00a0 As urban sprawl encroaches on our factory, we are increasingly aware of our \u00a0CSR responsibilities to the surrounding community.\u00a0 Our initiatives include adopting solar energy, wastewater treatment and water recycling, microplastic content reduction, and CSR activities for zero waste\u201d, Ms. Nitchamon concluded.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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