SPRC
SPRC is a publicly-listed Thai petroleum refiner that constructs and operates a refinery in Rayong, processing crude oil into transportation fuels for Thailand's domestic and regional markets. The company sells refined products to fuel marketers, industrial buyers, and exporters through standard commodity-margin economics.
- Company typePrivate
- Founded1992
- HeadquartersMuang Rayong, Thailand
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
SPRC firmographics
Firmographics- Name
- SPRC
- Website
- https://sprc.co.th
- Company type
- Private
- Founded year
- 1992
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- SPRC is a publicly-listed Thai petroleum refiner that constructs and operates a refinery in Rayong, processing crude oil into transportation fuels for Thailand's domestic and regional markets. The company sells refined products to fuel marketers, industrial buyers, and exporters through standard commodity-margin economics.
- Ownership category
- akta.pro rank
SPRC industry classification
Industry- Product category
- Petroleum Refining
- NAICS
- Petroleum Refineries (324110), Petroleum and Coal Products Manufacturing (324), Pipeline Transportation of Refined Petroleum Products (486910), Petroleum Bulk Stations and Terminals (424710)
- SIC
- Petroleum Refining (2911), Wholesale-Petroleum Bulk Stations & Terminals (5171)
- akta.pro primary industry
- Refinery Blending & Product Quality Control (Gasoline/Diesel/Jet Blending, Additives) (EUALAGAJ)
- akta.pro secondary industries
- Refined Products Pipeline Terminals & Breakout Storage Operations (TLAGABAJ), Liquid Bulk Petroleum Terminals (Crude, Refined Products) (TLAHABAH), Spill Prevention & Release Reporting Compliance (SPCC, FRP, CERCLA/EPCRA Notifications) (EUAHABAD)
Keywords
Where SPRC is headquartered
LocationHeadquarters
- HQ city
- Muang Rayong
- HQ country
- Thailand
- HQ region
- Asia
Markets served
SPRC business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Others
SPRC product offering
Product offeringCore offering
SPRC constructs and operates a petroleum refinery producing refined petroleum products. Headquartered in Muang Rayong, Thailand, the company has been in operation since 1992 and supplies refined fuel products to downstream markets. Its operations center on physical refining of crude oil into finished petroleum products for distribution.
Differentiator
Problem solved
Functional benefit
Products and services
- Refined Petroleum Products
Companies that use SPRC
Customer profileIdeal customer profiles1 record
SPRC technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
SPRC competitors and assessment
Company assessmentDirect peers
- IRPC Public Company Limited: IRPC operates an integrated refinery and petrochemical complex in Rayong, the same petrochemical hub as SPRC, with comparable crude throughput, downstream petrochemical integration, and export-oriented product mix.
- Bangchak Corporation Public Company Limited (BCP): Bangchak operates a ~120k bbl/d refinery in Phra Khanong and is one of SPRC's main domestic competitors for Thai gasoline and diesel market share, with overlapping retail and trading operations.
- Esso Thailand (ExxonMobil subsidiary): Esso Thailand operates a refinery in Sriracha and competes directly with SPRC in domestic Thai fuels distribution and retail; integrated upstream-to-refining structure provides useful comparison for margin capture.
- Thai Oil Public Company Limited (TOP): Thai Oil operates the largest refinery in Thailand (Sriracha, ~275k bbl/d capacity) and is the most directly comparable domestic refiner to SPRC's Rayong operations, serving the same domestic fuels market with similar product slate.
Broad incumbents
- PTT Public Company Limited: PTT is Thailand's national oil and gas major and a significant historical shareholder of SPRC, providing a benchmark for integrated Thai energy company valuation, capital allocation, and downstream strategy.
- Reliance Industries Limited: Reliance operates the world's largest refining complex at Jamnagar and serves as a global benchmark for refining scale, complexity, and export-oriented product positioning relevant to SPRC's export fraction.
Regional players
- GS Caltex Corporation: GS Caltex is a major Korean refiner (~800k bbl/d) operating in a similar Asian Pacific fuels market with comparable product slate; relevant regional benchmark for refining cycle exposure and operational efficiency.
- Idemitsu Kosan Co., Ltd. Idemitsu is a major Japanese integrated refiner and petrochemical producer; comparable to SPRC in product complexity, regional Asian market orientation, and exposure to environmental regulation-driven capex.
- SK Energy Co., Ltd. SK Energy is Korea's largest refiner with full integration into petrochemicals and lubricants; provides comparison for an Asian refiner's transition into specialty products and higher-margin downstream activities.
- Formosa Petroleum Industries (Taiwan): Formosa Petroleum is a Taiwan-based refiner serving the regional Asian fuels market with comparable capacity scale; provides a relevant Asian non-Thai benchmark for crack-spread realization and refining margins.
Market position
Customer concentration
SPRC financial estimates
Financial estimateRevenue estimate
Valuation estimate
SPRC leadership team
Management profileNumber of profiles
Profiles2 records
SPRC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SPRC M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SPRC
What does SPRC do?
SPRC constructs and operates a petroleum refinery producing refined petroleum products. Headquartered in Muang Rayong, Thailand, the company has been in operation since 1992 and supplies refined fuel products to downstream markets. Its operations center on physical refining of crude oil into finished petroleum products for distribution.
Is SPRC a public or private company?
SPRC is a private company. It is classified as public and is currently operating.
When was SPRC founded?
SPRC was founded in 1992. It employs 251 to 500 people.
Where is SPRC based?
SPRC is headquartered in Muang Rayong, Thailand, in the Asia region.
Who are SPRC's main competitors?
Direct peers on record are IRPC Public Company Limited, Bangchak Corporation Public Company Limited (BCP), Esso Thailand (ExxonMobil subsidiary) and Thai Oil Public Company Limited (TOP). Broad incumbents are PTT Public Company Limited and Reliance Industries Limited. Regional players are GS Caltex Corporation, Idemitsu Kosan Co., Ltd., SK Energy Co., Ltd. and Formosa Petroleum Industries (Taiwan).
Does SPRC have an API?
No public API is recorded for SPRC.
What industry is SPRC in?
SPRC's product category is Petroleum Refining. Its primary akta.pro industry code is EUALAGAJ, Refinery Blending & Product Quality Control (Gasoline/Diesel/Jet Blending, Additives), with a secondary code of TLAGABAJ, Refined Products Pipeline Terminals & Breakout Storage Operations. Its NAICS code is 324110 and its SIC code is 2911.