- CEO
- Prakit Prasitsupaphol
- Sector
- Process industries
- Industry
- Agricultural commodities/Milling
- Address
- Bangkok Thailand
- IPO Date
- Sep 12, 2024
- Business
- Petchsrivichai Enterprise Public Company Limited is a Thailand-based holding company engaged in the fully integrated palm oil agribusiness, liquid bulk storage terminal operations, and multimodal logistics services. Founded in 2022 to consolidate the Petchsrivichai Group's four-decade heritage in agribusiness and headquartered in Surat Thani, Thailand, the company operates across the upstream, midstream, and downstream segments of the palm oil value chain. Through its primary operating subsidiaries—including New Biodiesel Co., Ltd., PK Marine Trading Co., Ltd., PC Marine Transport Co., Ltd., and Thantip Logistics Co., Ltd.—the company serves industrial food processors, edible oil packagers, biofuel blenders, chemical manufacturers, and bulk commodity traders across Thailand and international markets throughout the Asia-Pacific region, including India and China.
The company's core operations are organized into four principal business segments: Palm Oil Manufacturing and Refining, Liquid Storage Terminal and Port Services, Marine Transportation, and Land Transportation. Its comprehensive product and service portfolio comprises the manufacturing and supply of crude palm oil (CPO) and crude palm kernel oil (CPKO); refined bleached deodorized (RBD) palm olein for commercial food manufacturing and packaged cooking oils; biodiesel (B100 / fatty acid methyl ester) for domestic fuel blending mandates; palm fatty acid distillate (PFAD) and crude/refined glycerin for chemical, cosmetics, and industrial uses; palm kernel cake (PKC) for commercial livestock feed; dedicated liquid bulk terminal storage facilities with automated pumping, heating, and blending infrastructure; deep-sea port and jetty cargo handling operations along southern Thailand's maritime corridors; marine transport services utilizing specialized liquid bulk cargo vessels and barges for regional coastal and river freight; and nationwide terrestrial transport services utilizing a dedicated fleet of specialized road tankers and heavy commercial transport vehicles.
In recent developments, Petchsrivichai Enterprise completed its initial public offering (IPO) and successfully listed its ordinary shares on the Stock Exchange of Thailand (SET) under the ticker symbol PCE in late 2024, raising proceeds to finance operational expansion and debt optimization. Over the past two years, the company has advanced strategic capital investment initiatives to expand its palm oil refinery and fractionation capacity, introduce higher-value refined specialty oil products for international markets, and augment its liquid storage terminal tank capacity in Surat Thani. In addition, the company has expanded and modernized its maritime shipping fleet and road tanker logistics network to support expanding trade corridors, enhance supply chain vertical integration, and service growing export demand across South and Southeast Asia.