LPG sales
The company buys liquefied petroleum gas, stores it, and sells it in bulk or in cylinders for cooking, heating, and industrial use.
Customers and revenue model
S
Siamgas and Petrochemicals PCL
SET:SGP
Siamgas and Petrochemicals PCL
SET:SGP
Price:
8.1
THB
-2.41%
Market Closed
Market Cap:
฿14.9B
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Company Overview
Business Description
- Sector
- Energy
- Industry
- Energy
- Headquarters
- Thailand TH
- Employees
- 2 107
- IPO date
- Jun 3, 2008
Siamgas and Petrochemicals PCL buys, stores, transports, and sells liquefied petroleum gas, or LPG, along with related petrochemical products. In simple terms, it sits in the middle of the energy supply chain: it sources fuel and chemical products, moves them through terminals and tankers, and delivers them to customers who need a steady supply.
Its main customers include industrial users, wholesalers, retail distributors, and other energy buyers in Thailand and nearby markets. The company makes money by trading fuel and chemicals, charging for storage and shipping, and earning fees from handling and distribution services. Because LPG and petrochemical products are everyday industrial and household inputs, the business depends on reliable logistics, import and export links, and access to supply sources.
What makes the business model distinctive is that it is not just a seller of fuel; it is also a logistics and storage operator. That means the company’s role is to connect producers with end users and manage the physical movement of products safely and efficiently. For beginner investors, it is best understood as an energy and petrochemical distribution business with a strong focus on transport, terminals, and trade flow.