Petroleum Business Petroleum products of the Company consist of following; 1. Refined oil is comprised of gasoline, high-speed diesel, LPG 2. Lube base oil used as a main raw material in the production of various grades of lubricant. 3. Naphtha is the light petroleum products, used as feedstock for petrochemical plants. 4. Long residue or ATB is the heavy oil, used as a main raw material in the production of lube base oil. 5. Asphalt is the heaviest petroleum products; it is used for road construction. Revenue Structure of Petroleum Business in 2009
7%
7% 4% 2% 52%
11% 17%
Diesel Gasoline Long Residue Lube Base Oil Asphalt wax and extract Naphtha Others
Petrochemical Business Petrochemical products of the Company consist of following; 1. Olefins, comprising ethylene, propylene and butadiene, are major raw materials for the Company’s petrochemical plants with partial sales to external customers. 2. Aromatics, consisted of benzene, toluene and xylene whereby benzene is the raw material for intermediate petrochemical plants and toluene and xylene are sold externally. 3. Polymers, comprising HDPE, PP, ABS/SAN, PS, EPS, are sold as raw materials to plastic converters. 4. Polyols, comprising polyester and polyether polyols, which are used as raw materials for manufacturing polyurethane, which is then processed to become such products as foam used for furniture and for heat transfer insulation in the construction industry. Revenue Structure of Petrochemical Business in 2009 13%
2%
14% 71%
066
Polymers Olefins Aromatics Polyols