Joint Venture Business
Great importance is given by the Company on investment participation with other operators who have the expertise and are well-accepted internationally for their ownership or technologies of the products in which the Company will be making its joint investment as well as capable of generating income for the Company on a continuous basis, with high growth potential or the potential to boost the prowess of its other Business Groups to their fullest capacity to meet competition.
By pursuing work in line with in its investment policy in businesses capable of generating revenue for the Company on a continuous basis, constant yields are achieved by the various businesses in the Joint Venture Business Group for the Company. There is a structure of low income fluctuations in the Joint Venture Business Group, with continuous growth which play an important part on the Company’s profitability on a regular basis despite the fact that increased competition is clearly rampant today in a variety of businesses both in the areas of pricing and product quality.
BP - Castrol (Thailand) Limited
The Company has partnered with BP Oil from the UK to jointly form a business, which operates as a manufacturer and distributor of engine lubricants under the trade name of “CASTROL” and “BP”. While both products have different market potentials, they are both well-perceived and renowned. The Company used raw materials from various sources within the country; it continues to produce high quality products that
meet customers’ demands and expectations. Moreover, the Company engages itself in continuous activities to develop new products as well as ensures its existing ones highly meet customers’ requirements.
Meanwhile, the Company consistently improves the quality of distribution channels (using distributors as the primary channel) in order to facilitate smooth, accurate, quick and easy delivery to the customers and end consumers