Union Petrochemical Public

What Union Petrochemical Public does

Union Petrochemical Public Company Limited (SET: UKEM) is a Thailand-based chemical distributor founded in 1981 and listed on the Stock Exchange of Thailand since 2005. The company imports, exports, and distributes solvents, plastics (primarily polypropylene and specialty polymers), and related intermediate chemicals sourced from global manufacturers, serving industrial customers across multiple segments including paints and coatings, agrochemicals, automotive components, plastic packaging, printing inks, and cleaning products.

The company operates three core product lines: industrial-grade and specialty solvents (oxygenated, hydrocarbon, and intermediate chemicals, including ExxonMobil Chemical Performance Fluids), plastics (polypropylene homo- and block-copolymer grades, performance polymers such as Vistamaxx, PET, biodegradable PLA, bio-plastic from rice husk fiber, and LDPE resin), and custom solvent blending services (e.g., Solvent 532, Solvent 631). Its operational backbone comprises two ISO 9001:2015-certified warehouses in Phra Pradaeng, Samut Prakarn, with combined storage capacity exceeding 2,500,000 liters and daily transport capability of more than 500,000 liters under GPS tracking. Distribution is supported by an in-house QC system, Certificate of Analysis verification, and drum-filling compliance procedures.

Union Petrochem

Name

Union Petrochemical Public

Legal name

Union Petrochemical Public Company Limited (บริษัท ยูเนี่ยน ปิโตรเคมีคอล จำกัด (มหาชน))

Website

https://unionpetrochemical.com

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

101–250 employees

Short description

Union Petrochemical Public is a Thailand-based chemical distributor founded in 1981 and listed on the SET since 2005, importing and distributing solvents, plastics, and polymer products from global manufacturers to industrial customers across multiple sectors.

Ownership category

akta.pro rank

Product category

Chemical Distribution

NAICS

Chemical and Allied Products Merchant Wholesalers (4246), Other Chemical and Allied Products Merchant Wholesalers (42469)

SIC

Wholesale-Chemicals & Allied Products (5160)

akta.pro primary industry

Chemical & Petrochemical Logistics (Bulk, ISO Tanks, Drums/IBCs) (TLAIAJAC)

akta.pro secondary industries

Chemicals & Petrochemicals (Non-Hazmat Specialized Handling) (TLAIALAJ), Aromatics (BTX: Benzene, Toluene, Xylenes) (EUALAHAC), Polyesters & PET Chain (PTA, MEG, PET) (IMAEADAG)

Keywords

• Chemical distribution services
• Industrial solvents supply
• Polypropylene plastic distribution
• Custom solvent blending
• Petrochemical import export

Headquarters

HQ city

Bang Phlat

HQ country

Thailand

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Chemical Product Distribution: Revenue generated from importing and distributing chemical products including solvents, plastics, and polymer materials sourced from global manufacturers. Products are distributed to industrial customers across Thailand.
2. Custom Blending Services: Value-added blending services where the company creates custom solvent formulations for specific industrial applications. Revenue from formulation consultation, inventory management, and production optimization services.
3. Net Profit Performance: Company reported net profit of 80.65 million baht compared to the same period in 2020, indicating profitability from core distribution and services operations.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Union Petrochemical Public Company Limited is a Thailand-based chemical distributor that imports, exports, and distributes industrial solvents, plastics, and polymer materials on behalf of global manufacturers including ExxonMobil, ENEOS, and Eastman Chemical. The company also provides custom solvent blending services (formulations such as Solvent 532 and Solvent 631) and integrated logistics, warehousing, and technical support to industrial customers across Thailand.

Product overview

Union Petrochemical Public Company Limited is a Thai chemical distributor operating three core product lines: Solvents (oxygenated, hydrocarbon, and specialty solvents including ExxonMobil Performance Fluids), Plastics (polypropylene in various grades, performance polymers like Vistamaxx™, PET, biodegradable PLA, bio-plastic, and LDPE), and Blending Services (custom solvent formulations). The company also provides integrated services including logistics, sales & marketing, customer support, and finance services. Their storage facilities in Phra Pradaeng district, Samut Prakarn province, have total capacity exceeding 2,500,000 liters with daily transport capability exceeding 500,000 liters.

Differentiator

Problem solved

Functional benefit

Products and services

• Solvent Products Industrial-grade and special-grade solvents including oxygenated solvents (alcohols, glycols, ethers, ketones, esters, glycol ether esters), hydrocarbon solvents (aromatics, non-dearomatized, dearomatized, isoparaffins), and intermediate chemicals (fatty alcohol, fatty acid, liquid monomer). Distributed brands include ExxonMobil Chemical Performance Fluids. Designed for industrial manufacturers in Thailand.
• Plastic Products Polypropylene (PP) in homo polymer and block copolymer grades for injection, raffia, film, and nonwoven applications; performance polymers including Vistamaxx brand; PET; biodegradable PLA; bio-plastic from rice husk fiber; and LDPE resin. Supplied to plastic product manufacturers and downstream industries.
• Custom Blending Services Custom solvent blending services with proprietary formulations such as Solvent 532 and Solvent 631, with consultation for industrial solutions in plastic packaging, printing ink, and cleaning agent applications.

Quantifiable outcome

• Net profit of 80.65 million baht achieved compared to same period in 2020

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• ExxonMobilcoreChannel Partner/ Reseller/ DistributorUnion Petrochemical serves as a branded distributor for ExxonMobil Chemical in Thailand, distributing ExxonMobil performance fluids, polypropylene products, and specialty chemical products including Vistamaxx performance polymers, Exxsol, Isopar, Solvesso, and Exxal product lines.
• ENEOS (Japan)coreChannel Partner/ Reseller/ DistributorAppointed as distributor for Methyl Ethyl Ketone (MEK) from ENEOS Corporation of Japan since 2011.
• Eastman Chemical Company (USA)coreChannel Partner/ Reseller/ DistributorAppointed as distributor of EB Solvent from Eastman Chemical Company (USA) since 2018.
• SinochemcoreChannel Partner/ Reseller/ DistributorSupplier and distributor of Sinochem polypropylene products including PPL5D98 and PPL5E89 grades.
• ETLINAS (Petlin)minorChannel Partner/ Reseller/ DistributorDistributor of ETLINAS PETLIN LDPE C150Y low density polyethylene resin produced by DSM Stamicarbon tubular process.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Regional players

• SCG Chemicals: Major Thai petrochemical producer and distributor under SCG Group. Operates in the same Thai market with overlapping polyethylene and polypropylene product lines, though as a manufacturer rather than pure distributor.
• Indorama Ventures: Thai-listed petrochemical producer with PET and polymers exposure. Comparable as a Thai chemical industry player distributing petrochemical-derived products, though at a much larger integrated scale.

Broad incumbents

• Brenntag: Global market leader in chemical distribution with presence across Asia-Pacific. Comparable to Union Petrochemical as a multi-principal chemical distributor serving industrial customers with a similar product mix of solvents and specialty chemicals.
• Univar Solutions: Large global chemical and ingredients distributor with broad industrial customer base. Overlaps with Union Petrochemical in distribution of solvents, polymers, and specialty chemicals to industrial end markets.

Direct peers

• ICC Chemical: Specialty chemical distributor focused on Asia-Pacific markets. Comparable in product portfolio (solvents, intermediates) and in serving industrial manufacturers through multi-principal distribution.
• Biesterfeld: European-headquartered specialty chemical distributor with growing Asia presence. Directly comparable as a distributor of industrial solvents, polymers, and performance chemicals to industrial manufacturers.
• Vinmar International: Global chemical and polymer distributor with significant Asian operations. Comparable business model distributing petrochemicals and polymers to industrial customers across multiple geographies.

Emerging players

• H&R Group (Hansen & Rosenthal): Specialty chemical company with distribution focus on industrial applications including solvents. Partial overlap with Union Petrochemical's solvent distribution business in industrial end markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/union-petrochemical-public-company-limited

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Union Petrochemical Public