Thai Oil

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Traded asSETTOP
IndustryOil refinery, Petrochemical
Founded3 August 1961 (57 years ago)
Headquarters555/1 Energy Complex Building A, 11th Floor Vibhavadi Rangsit Road, Chatuchak, Chatuchak, Bangkok, Thailand10900
Area served
RevenueIncrease 390,090 million baht (2017)[1]
Increase (24,856) million baht (2017) [1]
Total assetsIncrease 228,108 million baht (2017) [2]
ParentPTT Group

Thai Oil Public Company Limited or Thaioil is Thailand’s largest refinery and supplier of petroleum products. Founded in 1961, we operate one of the most efficient refineries in Asia Pacific with the current capacity of 275,000 barrels per day.

Thaioil operates under the Operational Excellence principle, operating as an integrated group of businesses in oil refinery, petrochemicals and lube base oil with supporting businesses, e.g. power generation, solvents, logistics and renewable energy generation, LAB : an intermediate in the production of surfactants, marine and pipeline transportation and storage services of crude, petroleum and petrochemical products, as well as recruitment services for Thaioil and Subsidiries. Thaioil leads the Thai refinery industry through a well-planned and integrated production process, yielding optimum efficiency. Our products are of high quality, rated in the top quartile of refineries in Asia Pacific, at lower production costs – giving Thaioil a recognized competitive advantage.

Business and Products[3][edit]

Oil Refinery[edit]

  1. Crude Distillation Units Responsible for distilling different types of petroleum through separation at different temperatures
  2. Upgrading Units Responsible for upgrading lower value products to higher value products by means of chemical reactions
  3. Quality Improvement Units Responsible for improving the quality of the oil to meet the required standards, as well as the removal of contaminants

Products and Uses[edit]

  • Gasoline
  • Diesel / Gas Oil
  • Jet Fuel
  • Kerosene
  • Fuel Oil
  • Liquefied Petroleum Gas (LPG)

Petrochemical (TPX)[edit]

Thai Paraxylene Company Limited (TPX)

Products and Uses[edit]

  • Petrochemical Business
  • Paraxylene
  • Benzene
  • Toluene
  • Mixed Xylenes

Lube Base Oil (TLB)[edit]

Thai Lube Base Public Company Limited (TLB)

Products and Uses[edit]

  • Lube Base Oil
  • Bitumen/Asphalt
  • By-products SBR (Styrene-Butadiene-Rubber), car tires, grease and toner.
  • Special products.
    • TDAE (Treated Distillate Aromatics Extract)
    • Slack Wax is used to manufacture candles, shoes polish, wax, cosmetics, binding materials, etc

Solvent and Chemical Products[edit]

Solvent and Chemical Products Limited[edit]

  • Thaioil Solvent Company Limited (TOS)
  • TOP Solvent Company Limited (TS)
  • TOP Solvent (Vietnam) Liability Limited Company
  • Sak Chaisidhi Company Limited (SAKC)

Products and Uses[edit]

  • Hydrocarbon Solvent
  • Chemical Solvent
  • Other Chemicals deithylene glycol, monoethylene glycol, styrene monomer,etc.

Transportation (TM/THAPPLINE)[edit]

Thaioil Marine Company Limited (TM)

Thai Petroleum Pipeline Company Limited (THAPPLINE)

Ethanol (TET)[edit]

Thaioil Ethanol Company Limited (TET)


Human Resources Management (TES)

Thaioil Energy Services Company Limited (TES)

LAB Producer (LABIX)[edit]

LABIX Company Limited

Products and Uses[edit]

  • Powders detergents
  • Liquid detergents
  • Dishwashing liquids
  • Liquid household cleaners
  • Agricultural herbicides
  • Emulsion polymerization
  • Emulsifier
  • Wetting agent


  1. ^ a b "Financial Highlight".
  2. ^ Thai Oil Financial Highlight
  3. ^ "Thaioil". Retrieved 2018-12-03.

External links[edit]