Information about the Company
Stamcorp International Pte Ltd takes pride in being the largest company moving containerized scrap. The company started with a very humble background in 2010 even though its associated companies have been in the business much earlier. The company did very well even during the initial years without having much support from the banks and has grown towards a turnover of close to USD500 million in the span of 12 years.The company’s core business is trading scrap metals both ferrous and non-ferrous, but predominantly ferrous metals. The company is involved in almost all the markets including the entire Southeast Asia region and also other markets including South Africa, Brazil and the entire Middle East. It also has a presence in the entire Europe and U.K., U.S., Canada, West Africa, and Indian Ocean islands like Mauritius along with many Latin American and South American countries such as Chile, Panama, Guiana, Suriname, Nicaragua, Dominican Republic, Haiti, etc. Stamcorp is involved in buying its metals from trusted sources and selling them to Southeast Asia. Stamcorp also has yards for stock and sale basis in many parts of the world.
Innovative Corporate Culture & Growth Initiatives
The company has faced many challenges in the last two years due to the pandemic. Its biggest challenge was financing as banks had squeezed down on their liquidity and faced a credit crunch. Aside from this, there were also challenges of source inaccessibility, lack of travel, and the shift to working from home which had made business very challenging. A steep fall in the prices globally of commodities also led to severe pressure. Despite the unfavorable circumstances, the company slowly managed to overcome all its hurdles through proper management and strategies.Soaring High Is Our Nature
Achievements and Impact
The company has recently received many awards and recognitions for its business performance and growth, and Stamcorp has been expanding regionally and globally into new markets since its inception. However, many new expansions have been postponed to 2023 due to the Covid-19 travel restrictions.Future Direction
The company’s mission is to continue to expand into new markets, and Stamcorp is looking to expand into the Japanese market in 2023. The company has a strong family-oriented network of people who are all known to each other and have been with the company for a very long time. Additionally, the company is also looking to expand into the South Korean market while also aiming to secure strategic partnerships with global players to raise funding for its growth.COMPANY MILESTONES
