About Us

  • January 2012

    Acquired a long-term syndicated loan for its investment projects and business operations from local financial institutions totaling Baht 3.7 billion with a drawdown period up to year-end 2012 and a maturity date in 2020–regarded as flexible and in line with IRPC's business structure and capital needs.
  • January 2012

    Acquired a long-term dollar loan for its investment projects from foreign financial institutions totaling USD 100 million, with a maturity date in 2020. Also, acquired a revolving facility in support of business operations by securing a USD-75 million loan from foreign financial institutions with a drawdown period to the end of 2018–also regarded as flexible and in line with IRPC's business structure.
  • February 2012

    Installed the Power Management System (PMS) to centralize total power supply system management for maximum stability and reliability.
  • February 2012

    Successfully implemented the Gasoline Hydrogenation Unit (GHU), designed to produce Euro IV gasoline up to the Ministry of Energy's standards and requirements.
  • March 2012

    IRPC's project to develop the service business through I'M ACE seconded engineers to Samsung on assignments in the United Arab Emirates.
  • April 2012

    Issued an organizational health survey for employees' participation in the comprehensive assessment and improvement of organizational health, leading to sustainable organizational growth.
  • May 2012

    Collaborated with world-renowned Oxford University on R&D on high-performance polymers, striving for high-quality petrochemicals and polymers for the market.
  • May 2012

    Delivered the first lot of marine pipe-grade compound PE to Thai Asia PE Pipe Co., Ltd., Thailand's major pipe producer, for salt-water pipelaying in Amphoe Khao Saming, Trat province.
  • May 2012

    With the Department of Industrial Works, signed a memorandum of cooperation on EIZ development in IRPC's industrial estate in Thailand.
  • May 2012

    Joined an Equity Participation Signing Ceremony for investment in Ube Chemicals (Asia) Plc. for 25% of the paid-up capital, worth some 5.3 billion Baht.
  • June 2012

    With Thai Airways International Plc, signed an agreement on the investigation of carbon credit purchase from the Combined Heat and Power plant.
  • July 2012

    Completed was the Lube Group 1 Specialty Products Focus Project, featuring environmentally friendly TDAE, RAE, and the Bright Stock lubricant. The commercial production start-up met market needs in the auto-tyre manufacturing business.
  • July 2012

    Signed an agreement with GE on the development of the maintenance capability of gas turbines in CHP and development of inhibitors in the EBSM plant.
  • August 2012

    Offered Baht 10 billion in domestic debentures to institutional and investors (public offering) in two tranches: three-year maturity and six-year maturity of Baht 5 billion each. This move increased liquidity to accommodate future projects.
  • September 2012

    Launched "POLIMAXX BANBAXX", a special polymer with an engrained bacterial inhibitor that had passed the JIS Z 2801 standard test of Japanese Industrial Standards.
  • September 2012

    Developed an e-Nose apparatus to analyze odor pollution of IRPC's industrial estate.
  • September 2012

    With PTT, signed an MOU to investigate the potential of jatropha as a raw material for biofuels in Rayong.
  • September 2012

    Completed was the construction of the Propylene Project (PRP), which started up with a capacity of 100,000 tons/year to accommodate demand by downstream plants, which exceeded the current propylene capacity.
  • October 2012

    With Ubon Bio Ethanol Co., Ltd., signed a five-year ethanol tankfarm service agreement for IRPC's depot in Phra Pradaeng to store and distribute the chemical.
  • November 2012

    Launched a construction project for a viewing (observation) tower at the Phra Chedi Klang Nam Mangrove Ecology Learning Center in Honor of HM the King. This Rayong attraction will in time be turned into a mangrove forest learning center.
  • December 2012

    Signed a land sales agreement in IRPC's ECO Industrial Zone 4 with Thai Kyowa Biotechnologies Co., Ltd., a major manufacturer and seller of medical supplies and cosmetics, regarded as a clean industry as required by ECO industrial zones.