THAILANDSICThailand Standard Industrial Classification

TSIC Activity

19209

Manufacture of other petroleum products, not elsewhere classified

ประกอบกิจจการจำหน่ายและผลิตยางแอสฟัลท์ติก

What this activity covers

Companies in this sector produce various petroleum products, including lubricants, greases, and asphalt.

  • Base oils and greases — Production of lubricants and greases, including from used oil
  • Petrochemical products — Production of products for the petrochemical industry
  • Asphalt production — Manufacture of asphalt for road paving and related products
  • Specialty petroleum products — Production of items like white spirit, vaseline, and paraffin wax
  • Coal briquettes — Production of high quality coal and lignite briquettes
  • Petroleum compression — Production of petroleum compression products

What companies here also do

Seen in real company registrations under this code — beyond the official definition, so licensing may differ.

  • Asphalt road construction — Engagement in asphalt road construction projects
  • Lubricant distribution — Sale and distribution of lubricants and related products
  • Charcoal briquettes — Production and sale of charcoal briquettes

Industry at a glance

as of 23 ก.ค. 69

The whole registered industry under this activity, every registration year, from the DBD DataWarehouse.

249
active companies operate here
฿140.4Bregistered capital, combined
฿471.8B
Sector revenue · 2025
-8% since 2023
฿-12134241212
Net profit · 2025
148 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
0%of new registered capital is foreign-held
฿0 foreign฿102.0M Thai

Based on few new registrations this year — read as a rough signal only.

New in 2026

3-75.0%

registrations, YTD

Registered capital

฿140.4B+28.9%

since year-end

Largest by registered capital

  1. 1Map Ta Phut Olefins Co., Ltd.Bangkok฿38.6B
  2. 2Star Petroleum Refining Public Company LimitedRayong฿30.0B
  3. 3Rayong Olefins Co., Ltd.Bangkok฿17.0B

Source: Department of Business Development DataWarehouse. Financial figures are combined totals of companies that filed statements; revenue and profit shown for the latest three reporting years.

Companies registered since 2022

Browse all

New DBD registrations under this activity since 2022, the period the registry snapshot covers, not the full historical register.

38
Registered
since 2022
38
Still active
0
Dissolved
฿1.6M
Median capital
of active

New registrations per year

2022peak 14 in 20252025

Largest active companies by registered capital

Source: Department of Business Development (DBD) new-registration records, 2022 to present. Counts cover companies first registered in that window, reflect the latest snapshot load, and may lag the live register.

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