IRPC Public Co Ltd - Company Profile
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Business Description
IRPC Public Co Ltd (IRPC) manufactures and distributes petrochemical and petroleum products.
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R&D Overview
R&D focuses on growing its business sustainably by consistently increasing its competitiveness for strengthening its market share. IRPC emphasis is on five core industries: automotive, electric and electronic, packaging, construction, and medical and hygiene. It also focuses on creating value-added specialty products through adjacent businesses. The company conducts joint research and development to create 3D printing materials from recycled plastics. In FY2022, 313 researchers and developers worked at the analytical testing and innovation center. In FY2022, IRPC Innovation Center introduced 14 commercialized products. As of December 2022, the company had 13 copyrights, 175 trademarks in 26 countries, and 19 patents. IRPC spent THB320 million on R&D in FY2022 which was 0.09% of its total revenue.
Business Segments
Overview
Offers power and public utilities, port and tank services and asset management business Power and public utilities provide steam, electricity and basic public utility services Port and tank services provide ports or terminals for the transfer of domestic and international cargoes Asset management business manages high-potential land in Rayong and other provinces Views strengthening relationships with existing customers through marketing campaigns and activities, and cost-control to maximize the efficiency of power generation and steam production as growth drivers
Performance
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Overview
Offers petrochemical products, including aromatics, olefins, polyolefins and styrenics Olefin products include ethylene, propylene and butadiene Aromatics consist of benzene, toluene and mixed xylene Polymers include high-density polyethylene (HDPE), polypropylene (PP), acrylonitrile butadiene styrene (ABS)/acrylonitrile styrene (SAN), polystyrene (PS), and expandable polystyrene (EPS)
Performance
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Overview
Offers fuels such as diesel, gasoline, fuel oil and liquefied petroleum gas (LPG) Other petroleum products include residue, naphtha and asphalt Develops lube base oil, treated distillate aromatic extract and residue aromatic extract with a minimum carcinogenic substance that is used for automotive tires Produces raw materials for well-known rubber process oil under the brand name Terramaxx
Performance
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