Categories: Economy

New graphene-enhanced textile technology promises cooler, hygienic and more flexible performance wear for rising-temperature lifestyles. IRPC Public Company Limited (IRPC), in collaboration with Healthcare Supply and Service Co., Ltd. (HSS), has introduced “Graphenix × KleanTeQ”, an innovative sportswear and lifestyle apparel collection enhanced with IRPC’s latest graphene ink technology. Mr Terdkiat Prommool, President and Chief Executive Officer of IRPC, said the development responds to growing consumer demand for sportswear that provides enhanced ventilation and flexibility, particularly for exercise in hot conditions. “Graphene’s unique properties — including heat dissipation, infrared emission, bacteria and odour reduction, and UV protection — help improve comfort, hygiene and mobility, supporting daily activities even on high-temperature days,” he said. He added that Thailand’s smart-textile sector is expanding, and this collaboration represents a model for advancing value-added innovation in the industry. “Graphenix × KleanTeQ reflects how Thai industrial partnerships can drive the future of sustainable and diversified textile materials,” Mr Terdkiat noted. Mr Yuthana Sinpsanvich, Executive Director of HSS, said the partnership is focused on delivering practical innovations that enhance everyday lifestyles, outdoor sports and fitness activities. “Our co-developed products truly meet real consumer needs, and Graphenix × KleanTeQ will continue to introduce new solutions that keep…

(25 November 2025) IRPC and HSS introduce graphene-enhanced sportswear and lifestyle clothing designed to elevate comfort, functionality, and Thailand’s textile innovation. To meet the growing demand for high-performance apparel, a new line of sportswear and lifestyle clothing has been introduced under the “Graphenix × KleanTeQ” brand—created through a collaboration between IRPC and HSS and engineered with fabric coated in graphene ink. The collection enhances fabric performance across cooling, comfort, durability and protection, while advancing Thailand’s textile industry through cutting-edge material innovation. Mr Terdkiat Prommool, President and Chief Executive Officer of IRPC Public Co., Ltd., said the company remains committed to bringing graphene technology into real-world applications under the concept “Innovation Meets Lifestyle.” The initiative forms a core part of IRPC’s 4R Strategy: Re-capitalise – strengthening asset management and financial efficiency Re-vitalise – upgrading core businesses Re-frame – transforming the organisation for long-term sustainability Re-invent – applying advanced material innovations to deliver high-value commercial products The partnership draws on the strengths of both organisations, combining IRPC’s graphene-based Nanocarbon Platform with HSS’s expertise in designing and manufacturing high-performance textiles. Together, they have developed sportswear, lifestyle apparel, and wearable products tailored for health and fitness enthusiasts. Mr Yuttana Silpsarnvitch, Executive Director of Healthcare…

(5 November 2025) IRPC reports a turnaround profit of THB 340 million in Q3/2025, driven by improved product spreads and strategic execution under its long-term 4R plan for sustainable growth. A stronger market environment and disciplined execution of turnaround strategies have helped IRPC Public Company Limited return to profit in the third quarter of 2025, underscoring its growing operational resilience. Supported by higher product spreads and favourable crude oil conditions, the company posted a net profit of THB 340 million, marking a sharp rebound from a loss of THB 2.13 billion in the previous quarter. Led by Therdkiat Prommool, President and Chief Executive Officer, IRPC reported total revenue of THB 57.94 billion, up THB 1.14 billion or 2% quarter-on-quarter, driven by a 1% increase in average selling prices in line with rising crude oil benchmarks and a 1% increase in Market Gross Refining Margin (Market GRM). The company’s Market Gross Integrated Margin (Market GIM) rose to THB 5.49 billion, equivalent to USD 9.04 per barrel, reflecting a 5% improvement from Q2/2025. The performance was buoyed by wider price spreads between base lubricants and fuel oil, with falling fuel oil prices and stronger diesel spreads amid global supply concerns stemming from…

(19 August 2025) Mr. Terdkiat Prommool, President and Chief Executive Officer, and Mr. Phichin Aphiwantanaporn, Senior Executive Vice President, Corporate Accounting & Finance, together with all Senior Executive Vice Presidents, presented the Company’s operating results for the second quarter of 2025 of IRPC Public Company Limited. They also provided information and answered questions regarding the Company’s business strategies as well as the outlook for the petroleum and petrochemical industries. The briefing was attended online via Microsoft Teams by securities analysts, fund managers, officers from financial institutions, credit rating agencies, as well as the Company’s executives and employees.

Company prioritises innovation, cost control, and regional diversification to drive sustainable growth under challenging economic conditions. Bangkok, August 8, 2025 — IRPC Public Company Limited, led by President and CEO Terdkiat Prommool, has reaffirmed its commitment to operational excellence and product innovation amid persistent global economic uncertainty—driven by escalating US trade protectionist measures and rising tensions along the Thai–Cambodian border. To mitigate external risks, IRPC is restructuring its export portfolio and expanding into neighbouring markets to cushion the impact of tariffs and trade restrictions. At the same time, the company is advancing a “Domestic First” strategy—emphasising cost optimisation, strengthening partnerships across the supply chain, and reinforcing business resilience. Strategic Focus Areas: Petroleum Business: IRPC is ramping up diesel production that meets Euro 5 standards via its Ultra Clean Fuel (UCF) unit to cater to the rising demand for cleaner energy. Petrochemical Business: The company is accelerating the development of high-value products, including phthalate-free polypropylene under the POLIMAXX brand, targeting applications in food packaging, medical devices, and hygiene textiles. It has also developed ultra-high molecular weight polyethylene (UHMWPE) to meet demand in the automotive sector. Asset Utilisation: IRPC continues to optimise the use of strategic assets, including land and deep-sea ports, to generate stable long-term returns.   Financial Performance…

IRPC establishes a Crisis War Room to tackle global volatility while advancing its core business and megatrend-driven investments in high-value petrochemicals across ASEAN. To navigate mounting global economic and trade uncertainties, IRPC Public Company Limited has launched a dedicated Crisis War Room aimed at enabling swift, real-time responses to market volatility. The initiative, announced on 9 May 2025 by President and CEO Mr Terdkiat Prommool, is part of a broader strategy to strengthen the company’s long-term investment position. At the same time, IRPC is reinforcing its core operations through improved production efficiency, cost reduction, and sound financial risk management. These efforts are anchored in two strategic pillars: 1. Core Up Lift and 2. Step Up & Beyond. Core Up Lift Strategy This strategy aims to optimize and future-proof IRPC’s petroleum and petrochemical operations. Key components include: Commercial Excellence: Increasing domestic diesel sales and expanding into high-demand markets for premium fuels like Low Sulphur Diesel and Jet A-1. Specialty Portfolio Expansion: Prioritising high-value petrochemical products such as phthalate-free polypropylene (PP) for medical and food packaging, and ultra-high molecular weight polyethylene (UHMWPE) used in engineering applications. These are being positioned for growth in ASEAN markets including Vietnam, Malaysia, and Indonesia. Optimisation &…

IRPC advances clean energy and specialty materials to drive growth amid global challenges and shifting regulations. IRPC Public Co., Ltd., led by President and CEO Terdkiat Prommool, is leveraging its expertise in petroleum, ports, and property businesses while expanding into new opportunities in innovative materials and sustainable energy. Despite the challenges posed by economic volatility and global uncertainties, IRPC is determined to achieve growth through capacity enhancement, cost reduction, and maximising asset utilisation. “IRPC is focused on fostering growth by deploying digital technologies to enhance safety and operational efficiency while strengthening our human resources,” said Terdkiat. “Innovative energy materials aligned with global megatrends will be the key to overcoming challenges and achieving our Net Zero goals while balancing business growth, societal contributions, and environmental sustainability.”  2024 Business Performance Highlights  In April 2024, IRPC launched the Ultra Clean Fuel (UCF) project, producing Euro 5 diesel and Jet A-1 fuel in compliance with Joint Inspection Group (JIG) standards to support global aerospace growth. Despite a sluggish petrochemical market, the company committed to increasing its portfolio of innovative and specialty products by 36%, focusing on high-potential markets such as packaging, medical, electric vehicles, and electronics. The company also expanded its clean energy initiatives…

(15 มกราคม 2568) นายเลอศักดิ์ ทองร่วง รองกรรมการผู้จัดการใหญ่ ปฏิบัติการ บริษัท ไออาร์พีซี จำกัด (มหาชน) และ พลโท อภิชาติ ไชยะดา เจ้ากรมการพลังงานทหาร ศูนย์การอุตสาหกรรมป้องกันประเทศและพลังงานทหาร ร่วมลงนามบันทึกความเข้าใจระหว่าง ไออาร์พีซี และ สำนักงานปลัดกระทรวงกลาโหม เพื่อพัฒนาการกลั่นปิโตรเลียมให้มีประสิทธิภาพ ส่งเสริมองค์ความรู้แก่บุคลากรจากการปฏิบัติงาน ก่อให้เกิดการแลกเปลี่ยนประสบการณ์ด้านการกลั่นปิโตรเลียม ความร่วมมือทางวิชาการ ด้านเทคโนโลยี รวมถึงเสริมสร้างความมั่นคงทางพลังงานของประเทศ และส่งเสริมความสัมพันธ์อันดีระหว่างหน่วยงานต่อไป ณ ศูนย์นวัตกรรมไออาร์พีซี จ.ระยอง

IRPC’s solar power plant in Songkhla boosts energy security and drives sustainability goals in Thailand. IRPC Public Co., Ltd. (IRPC) is making strides in renewable energy with the development of a 74.88-megawatt solar power plant on its 716-rai estate in Chana District, Songkhla. The project, undertaken by IRPC Clean Power Company Limited (IRPCCP), a joint venture with Global Power Synergy Public Company Limited (GPSC), aims to enhance energy security and promote sustainable growth in southern Thailand. Terdkiat Prommool, President and CEO of IRPC, announced that the Energy Regulatory Commission (ERC) has granted a concession to IRPCCP to operate as a producer and trader of renewable electricity under the Feed-in Tariff (FiT) scheme for 2022–2030. The project aligns with Thailand’s Power Development Plan (PDP2018 Rev.1) to increase the proportion of renewable energy in the national power system. The solar power plant will have a 25-year power purchase agreement with the Electricity Generating Authority of Thailand (EGAT) and is expected to begin commercial operations by 2028. Construction is slated to take 12–15 months. This initiative supports IRPC’s Net Zero commitment and aligns with the sustainability goals of the PTT Group. Additionally, it maximises asset utilisation, boosts economic growth in the region, and…