In 1977, a leading Thai castor seed exporter together with the biggest and oldest castor crusher in Europe, Alberdingk Boley GmbH, established a company called THAI CASTOR OIL INDUSTRIES CO., LTD. to crush castor seed in Thailand. The company was created as a Thai-German joint venture with equity participation and financial support from both the Thai and German industrial development institutions. The German partner whose experience in castor oil production stretched back for more than half a century, provided the technical know-how with emphasis on quality oil production. The German company itself was established since 1828 started with linseed oil mill.