Business

Solvent and Chemical Products

Thaioil Solvent Company Limited (TOS)

The company invests in the solvent and chemical business both in Thailand and abroad with shareholding in TOP Solvent Company Limited.

TOPNEXT International Company Limited (TX)

Holding shares in Sak Chaisidhi Company Limited, TOP Solvent (Vietnam) Limited Liability Company and PT. Surya Raya

          A group affiliate of Thai Oil Public Company Limited (Thaioil), TOPNEXT International Company Limited was founded in 2008 to conduct business as a producer and distributor of solvents and chemicals, both locally produced and imported.

          TOP Solvent is the major shareholder of Sak Chaisidhi Company Limited, located in Map Ta Phut Industrial Estate, Rayong. Sak Chaisidhi produces high-quality hydrocarbon solvents for various industries. Industrial product applications include paint, automotive tires, adhesive, vegetable oil, foam, plastics, and copper from its mining operations.

          In 2009, TOP Solvent expanded its business network to other Asia Pacific countries by setting up TOP Solvent (Vietnam) Limited Liability Company in Ho Chi Minh City to distribute solvents and chemicals which is imported from Thailand and others. The main terminal located in Dong Nai Province, the southern of Vietnam.The company built a new terminal at Hai Phong provice in 2018 , located in the northern Vietnam, to expand the business across the country.

          In 2017, the company established a representative office in Myanmar under the name TOP Solvent Company Limited (Myanmar Representative Office) to represent the company in liaising with customers, business partner as well as relevant government agencies.

          In 2019, TOP Solvent acquired 67% shares in PT.Surya Raya to expand solvents and chemicals distributor business in Indonesia.

          Under the direction of its professional teams with more than 30 years of experience in the production and sale of solvents and chemicals, as well as the business potential of its affiliation with Thai Oil and PTT Public Company Limited, TOP Solvent commands a diverse product distribution capability. The company has also demonstrated a logistical readiness to deliver products in assorted containers—drums, ISO tanks, and bulk containers—by truck, vessel, and pipeline.

          TOP Solvent is committed to sustainable growth in all its business operations and is poised to develop new products and services to meet customers’ demand. It is also ready to grow its customer base in Thailand, Vietnam, Myanmar, Indonesia and other countries in the region, and to realize its business goals of stakeholder satisfaction, environmental protection, and social balance.

TOP Solvent (Vietnam) Limited liability Company (TSV)

Leading company of solvents and chemicals distributor in Vietnam. Established in November 2, 2008 with share holding by TOP Solvent Company Limited 100%.

          Thaioil's investment in the solvent and chemical product business through TOP Solvent (Vietnam) LLC is the first overseas investment for the group.

          TOP Solvent (Vietnam) LLC has a terminal in Go Dau industrial zone, Dong Nai province which are able to provide solvent and chemical products for various types businesses, e.g. paint, coating, thinner, adhesive, sealants, ink, electronic, cleaning products, edible oil, chemicals, etc.

          TOP Solvent (Vietnam) LLC built a new terminal at Hai Phong provice in 2018 , located in the northern Vietnam, to expand the business across the country.

Sak Chaisidhi Company Limited (SAKC)

A high quality hydrocarbon solvents production manufacturer for various industrial applications such as paint, tire, adhesives, vegetable oil extractions, foams, plastics, copper extractions, etc.

Commercial production 1991
Business Type Hydrocarbon Solvent Producer
Product Pentane Chemical Grade, Hexane Polymer& Extraction Grade,Rubber Solvent, Aromatic Solvent, White Spirit
Capacity 141,000 tons/year
Shareholder Thaioil Public Company Limited through TOP Solvent Company Limited 80.52%

Solvent Manufacturing Process at Sak Chaisidhi Company Limited (SAKC)

PT. Tirta Surya Raya (TSR)

PT. Tirta Surya Raya was established in 2019 as a solvents and chemicals distributor in Indonesia, the head office is located in Tangerang, Indonesia.