Established as fully Thai owned and managed company
Started distributing TRANSFORMER OIL from the United Kingdom
PSP was appointed as the distributor for Amoco Chemicals. This gave us access to Polyisobutylene, a major component in the formulation of 2-STROKE, LOW-SMOKE lubricants
PSP's affiliated company was appointed as a distributor of LUBRICANTS AND FUEL ADDITIVES from Chevron Oronite
Nynas Naphtenics AB, Sweden appointed PSP specialties as its distributor and manufacturer of TRANSFORMER OILS
Commenced production of LITHIUM GREASE and further improved on our lubricant blending capabilities
2005 - 2007
Rapid expansion plans were implemented; 18 new tanks were added
Brand new lubricant blending tanks facilities were added to support the global leading oil company blending requirements
2011 - 2012
Grease production facilities was expanded
New storage tanks of both lubricants and fuel were added
Ground breaking at our new home PSP Plant 1 (PSP 1)
The first blending facilities begun on manufacturing of AUTOMOTIVE and INDUSTRIAL lubricants
Expansion of PETROLEUM STORAGE tanks and distribution terminals were completed. We started serving the Petroleum Authority of Thailand (PTT), the largest national oil company
Commenced production of CALCIUM GREASE
1995 - 1996
New tank farms and FUEL TERMINALS was completed (PSP 2). 25 new storage tanks were added.
PSP started to provide storage and terminal services to the major oil companies.
ISO 9001 CERTIFICATIONS were awarded to both PSP 1 and PSP 2
ISO 14001 CERTIFICATION was awarded to PSP 2
ISO 14001 CERTIFICATION was awarded to PSP 1
2016 - Present
ISO/IEC 17025 CERTIFICATION was awarded to PSP Laboratory
New DISTRIBUTION CENTER starts operating
Construction of new Lube Oil Bleanding Plant in Thalawa Industrial Estate, Myanmar
PSP offers a wide-range of automotive engine oils and transmission fluids, which cover all engine types and for all kinds of vehicles. Our product categories including; fully synthetic, semi-synthetic, and mineral which meet and exceeds the highest product performance standards such as API, ACEA, JASO, and various OEM approvals.
PPassenger car motor oil
HHeavy duty engine oil
PSP also offers a wide-range of industrial product applications such as Grease, Gear oils, Hydraulic oils, Rubber Process Oils, Specialty oils, and Transformer oils. These products are specially designed to meet the needs of all industrial environments.
RRubber process oil
TECHNOLOGY: laboratory & R&D
PSP laboratories have been continuously upgraded and expanded to meet the industry’s highest standards. But at its core, are our highly trained groups of chemist, analyst and researchers. Their skills are constantly upgraded and are often evaluated on their proficiency in handling the relevant test equipment. In addition to this, a strong research and development team strive to formulate the best products and solutions for all of PSP’s customers.
PSP has been awarded many internationally recognized awards. ISO/IEC 17025 Certification is the latest awarded to PSP Laboratory. We are proud to also have the most advanced privately owned Technology center in Thailand.
DISTRIBUTION CENTER: capacity
With our efficient warehousing and inventory management system, which integrates R&D, manufacturing, and distribution center. PSP is capable of providing a complete holistic approach to your lubricant solutions to both domestic and international customers.
P.S.P. establishes “P.S.P. Ventures” and partners up with WhatsEGG Thailand in their inroads into the Leading Marketplace of Automotive Spare Parts Platform in Thailand
Activity Date : 13-05-2021
P.S.P. establishes “P.S.P. Ventures” and partners up with WhatsEGG Thailand in their inroads into the Leading Marketplace of Automotive Spare Parts Platform in ThailandP.S.P. Specialties, the leading lubricant manufacturer and total solutions provider of automotive and industrial lubricant and specialties products, is making new progress on its growth roadmap with a strategy to leverage its strengths as a total solutions provider and expand into new value chain to grow its business. Riding on the new waves, the company has established P.S.P. Ventures and started a new venture by investing in WhatsEGG (Thailand), a leading marketplace of automotive spare parts platform in Thailand (EGG Mall), to strategically expand the company's customer bases and business synergy. The joint venture plans to capture the gross market value of THB 7 billion over the next 5 years.Mr. Pavares Boontanonda, Chairman of the Board of P.S.P. Specialties Company Limited. (PSP), revealed, “Thailand is in its transition to a full-fledged digital economy, as evident in rising adoption of digital technologies and systems for greater competitiveness of companies across industries as well as in robust emergence of e-commerce businesses in Thailand. The trend is also favored by government policies including Thailand 4.0 economic model, digital economy master plan, and high-speed Internet infrastructure projects. As a result, the marketplace for many industries has grown significantly, especially consumer goods and automotive part markets. Therefore it is a great opportunity for the company to invest in the market.“We expect to capture the gross market value of THB 7 billion equivalent to over 100% CAGR in next 5 years. All these results show a great opportunity for PSP to expand into a new business, as well as to demonstrate its capability and reaffirm its status as the best neutral platform of lubricant and automotive-related market. We are committed to the continued growth of every business unit in our group. As a major shareholder of PSP, we encourage PSP to pursue this opportunity to align its expansion strategy to economic trends. The Board of Directors of PSP has therefore resolved to set up P.S.P. Ventures and approved its investment with WhatsEGG, one of the world’s leading automotive spare part companies for driving the business to the top,” he said. EGG Mall is a platform under the management of WhatsEGG (Thailand) that is a one-stop-shop for online automotive parts trading, and the most comprehensive online car repair center and auto parts shop partner in Thailand. Established in 2018, focusing on big data technology and digital solutions for workshops, retailers, and insurances, EGG Mall is currently the biggest marketplace for automotive parts complete, having a wide range of quality products to choose from leading manufacturers and brands. Visitors can download the EGG Mall application on both Android and iOS systems, or visit and order products via the website: www.eggmalltech.com.Mr. Sint Krongphanich, Chief Executive Officer of P.S.P. Specialties, added, “The establishment of P.S.P. Venture Co., Ltd. will strengthen P.S.P.’s expertise and creates a wide range of the innovative businesses value-add on our existing offerings as the leading lubricant manufacture and total solutions provider of automotive and industrial lubricant and specialties product. With Thailand’s largest independent blending plant and facilities, we can accurately meet customers’ demands across industries through our services. In our expansion into this new business with our partner WhatsEGG, we are confident of making the best marketplace of automotive spare parts platform inroads into the Thai market.PSP Specialties Co., Ltd. was established in 1989 to provide petroleum storage for leading oil companies. The company stores and distributes over 3,000 million liters of fuel a year and turns over 10 billion baht. Besides storage services, the company is a world-class one-stop service provider, including being Thailand’s largest manufacturer of lubricants, grease, rubber process oil, and transformer oil.