Kikkoman Corporation (KIK)

Overview

Star Petroleum Refining Public Company Limited is a prominent enterprise operating a petroleum refinery located in the Rayong Province of Thailand. Founded in 1992, the company has established itself as a key player in the petroleum sector, focusing on the production and sale of various petroleum products. It plays a significant role in the industry as a subsidiary of Chevron South Asia Holdings Pte. Ltd., leveraging its position to ensure efficient and quality production. With its strategic base in Mueang Rayong, Thailand, Star Petroleum Refining PCL has expanded its market footprint to include exports to neighboring countries such as Laos, Cambodia, and Myanmar, emphasizing its pivotal role in the regional energy sector.

Products and Services

Star Petroleum Refining Public Company Limited provides a wide range of petroleum products and services, catering to diverse market needs. These offerings include:

• Liquefied Petroleum Gas (LPG): This versatile fuel is used in heating appliances, cooking equipment, and vehicles, highlighting its significance in both domestic and industrial settings.
• Gasoline: As a vital fuel for vehicles, gasoline powers a vast majority of cars and motorcycles, ensuring the mobility of millions across the region.
• Diesel: Known for its high efficiency, diesel fuel is primarily used in the transportation and agricultural sectors, driving the engines of trucks, buses, and farming equipment.
• Jet Fuel: This specialized fuel meets the rigorous standards of the aviation industry, powering commercial and military aircraft for both domestic and international flights.
• Fuel Oil: Often used in ships and industrial plants, fuel oil is a critical component for heavy machinery and power generation.
• Petrochemical Feedstocks: These raw materials are essential for the petrochemical industry, used in producing plastics, synthetic rubber, and other chemicals.
• Polymer Grade Propylene: As a key ingredient in plastic manufacturing, polymer grade propylene is vital for producing a wide array of plastic products, from packaging materials to automotive parts.
• Chemical Grade Naphtha: This light hydrocarbon mixture is crucial for the production of high-quality petrochemicals, serving as a primary feedstock for the manufacturing of various chemical products.
• Asphalt: Known for its durability and adhesive properties, asphalt is primarily used in road construction and maintenance, providing the foundation for transportation networks.
• Other Products: The company also offers a variety of other petroleum-based products, catering to specific industry needs and contributing to the overall diversity of its product portfolio.