- CEO
- Sint Krongphanich
- Sector
- Process industries
- Industry
- Industrial specialties
- Address
- Bangkok Thailand
- IPO Date
- Aug 30, 2023
- Business
- PSP Specialties Public Company Limited is a Thailand-based independent manufacturer, blender, and integrated supply chain solution provider for specialty petroleum, lubricant, and grease products. Founded in 1989 and headquartered in Samut Sakhon, Thailand, the company operates across three primary business segments: Manufacturing and Blending, Integrated Logistics and Supply Chain Services, and Distribution of Petroleum Specialty Products. PSP Specialties provides comprehensive original equipment manufacturer (OEM) and original design manufacturer (ODM) solutions, formulation development, certified laboratory testing, and contract packaging for multinational energy corporations, national oil companies, independent marketers, and industrial clients across Thailand, the ASEAN region, and the broader Asia-Pacific market.
The company manufactures and distributes an extensive portfolio of products and services, including automotive lubricating oils for passenger cars, commercial transport fleets, and motorcycles; industrial lubricants comprising hydraulic oils, turbine oils, industrial gear oils, compressor oils, metalworking fluids, and slideway oils; marine and agricultural machinery lubricants; specialized lubricating greases, including lithium, calcium, aluminum complex, and synthetic grease formulations; rubber process oils utilized in automotive tire and technical rubber production; transformer and electrical insulating oils; and specialized additives and base oil distribution. Its integrated supply chain services encompass liquid bulk storage tank terminals with dedicated jetty access along the Tha Chin River; automated warehousing and storage management systems; customized blending, packaging, and drumming; multimodal bulk transportation; and quality control and customized product research and development.
In recent developments, PSP Specialties completed its initial public offering (IPO) and listed its shares on the Stock Exchange of Thailand under the ticker symbol PSP to fund regional expansion, production capacity enhancements, and infrastructure automation. The company has pursued strategic investments and acquisitions, including expanding its equity interest in specialty chemical distribution networks such as UCI Chemical to diversify its commercial portfolio and market reach. PSP Specialties has also accelerated its strategic pivot toward sustainable and next-generation mobility solutions by developing specialized fluids and thermal management lubricants for electric vehicles (EVs), bio-lubricants, and environmentally friendly process oils, while upgrading automation across its Samut Sakhon blending and logistics operations.