Petroleum
Subsidiaries
As of Dec 31, 2024
IRPC Oil Company Limited
Refined product distribution
99.99% Shareholding
Indirect Subsidiaries
As of Dec 31, 2024
Rakpasak Company Limited
Oil tanker rental services, fertilizer manufacturer and distributor
99.99% Shareholding
Petrochemical
Subsidiaries
As of Dec 31, 2024
Innopolymed Company Limited
(Other joint venture partner: Innobic (Asia) Co., Ltd. 40%)
Production and Distribution of nonwoven fabric product and medical consumabless
60.00% Shareholding
IRPC A&L Company Limited
(Other joint venture partners: Nippon A&L Co., Ltd. 39.99%, others 2.53%)
Distribution of polymers
57.48% Shareholding
Joint Venture
As of Dec 31, 2024
IRPC Polyol Company Limited
(Other joint venture partner: PCC Rokita SA 50%)
Production and distribution of polyol products
50.00% Shareholding
Mytex Polymer (Thailand) Company Limited
(Other joint venture partner: Japan Polychem Corporation 50%)
Production and distribution of chemicals
50.00% Shareholding
Associate Company
As of Dec 31, 2024
UBE Chemicals (Asia) Public Company Limited
(Other joint venture partners: UBE Corporation 74%, others 1%)
Production and distribution of petrochemical products
25.00% Shareholding
Other Businesses
Subsidiaries
As of Dec 31, 2024
IRPC Technology Company Limited
Vocational school
99.99% Shareholding
Joint Venture
As of Dec 31, 2024
Vajira Lab for Society Company Limited
(Other co-investor: Navamindradhiraj University 50%)
Laboratory testing and certification services for medical devices
50.00% Shareholding
WHA Industrial Estate Rayong Company Limited
(Other joint venture partners: WHA Industrial Development Public Company Limited, 60%)
Industrial estate development
40.00% Shareholding
Associate Company
As of Dec 31, 2024
IRPC Clean Power Company Limited
(Other joint venture partners: Global Power Synergy Public Company Limited 51%)
Production and distribution of electricity and steam
48.99% Shareholding
Cleantech and Beyond Company Limited
(Other joint venture partners: VISUP Company Limited 72.72%)
Production of chemical products
27.28% Shareholding
VISUP Company Limited
(Other joint venture partners: Vidyasirimedhi Institute 33.33%, PTT PCL. 22.22%, Top Ventures Co., Ltd. 11.11%, Beacon Venture Capital Co., Ltd. 11.11%)
Investment in other businesses
22.22% Shareholding
Other Investment
As of Dec 31, 2024
Guangzhou Saiju Performance Polymer Ltd.
Distribution of polymers and chemicals through e-commerce in China
15.00% Shareholding
Sarn Palung Social Enterprise Company Limited
Support execution of social enterprise
15.00% Shareholding
Rayong Acetylene Company Limited
Production and distribution of acetylene gas
13.04% Shareholding