Mr. Prakit Prasitsupaphol established Petchsrivichai (PC) in 1984, aiming to operate a transportation business specializing in the transportation of liquid goods, specifically fuel oil, coconut oil, and palm oil. Subsequently, in 1990, PK Marine Trading (PKM) was established to engage in the business of providing storage space for palm oil depots, general warehousing, storage yards, and ship berthing services for cargo transshipment. In 1992, PC Marine (1992) (PCM) was formed to provide shipping services for both domestic and international cargoes. In 1995, Paco Trading (PACO) was established to operate in the buying and selling of crude palm oil, palm kernel oil, palm kernels, and other palm products to customers in Thailand and for export. Later, in 2006, New Biodiesel (NBD) was set up to produce and sell Biodiesel (B100) made from crude palm oil, thus making the group a fully integrated palm oil business with a comprehensive supply chain management system covering the entire process from upstream to downstream. This includes crude palm oil extraction plants, crude palm oil refining plants, biodiesel production plants, palm olein production plants, biogas power plants, warehousing and port services, road transportation, and shipping services.

Through Mr. Prakit's continued business development, he gained a reputation as a leader in the integrated palm oil industry. On November 20, 2013, he established Petchsrivichai Holdings (later renamed Petchsrivichai Enterprise) to serve as a holding company. Subsequently, in 2022, the group restructured in preparation for listing on the Stock Exchange of Thailand by incorporating companies related to the palm oil industry as subsidiaries under its ownership. Currently, the company has transformed into a public limited company and has been renamed Petchsrivichai Enterprise Public Company Limited (PCE), with a total of five subsidiaries and one associate company (referred to collectively as "Group").

Petchsrivichai Enterprises (PCE) operates as a holding company, currently investing in a fully integrated palm oil industry. This encompasses a complete supply chain management system, executing the production of products from palm oil from upstream to downstream, which includes: Crude palm oil extraction plants, Crude palm oil refining plants, Biodiesel production plants, Palm olein production plants for consumption, Biogas power generation plants.These operations are carried out by New Biodiesel (NBD).

The process of purchasing and selling palm oil products, such as crude palm oil, palm kernel oil, palm kernels, and other palm products, involves buying from other producers to resell to customers in Thailand and abroad. This function is performed by Paco Trading (PACO).

Warehousing services for palm oil storage, general warehousing, storage yard facilities, and port services for cargo transshipment are provided by PK Marine Trading (PKM).

Transportation services for both liquid and dry goods domestically are provided by Petchsrivichai (PC), including shipping services within Thailand and internationally, carried out by PC Marine (1992) (PCM).

In investing in the fully integrated palm oil industry business group, the company aims for sustainable growth that is environmentally friendly, focusing on business expansion.

  • As a frontrunner in the fully integrated palm oil industry, equipped with robust Supply Chain management capabilities, the company boasts several distinct advantages:
  • Strategic Geographic Positioning: Positioned strategically proximate to primary raw material sources, clientele, and key port facilities.
  • Internationally Certified Production and Quality Control Protocols: The company adheres rigorously to internationally accredited production processes and quality control measures, ensuring adherence to globally recognized standards.

The Free Float proportion amounts to 27.27%, comprising the offering of 750 million shares to the general public.

The company has a policy to pay dividends to shareholders each year of not less than 30% of net profit after deducting various reserves of all types as required by law, based on the company's standalone financial statements. However, the payment of dividends will depend on cash flow, investment plans, legal conditions, and the necessity and appropriateness of other factors in the future. Additionally, the dividend payment must not significantly affect the company's normal operations.

The company's board of directors deems it appropriate to establish a good corporate governance policy to be used as guidelines for performing duties with the belief that the implementation of good corporate governance principles will lead to the creation of competitive capabilities, ethical business conduct, respect for rights, and responsibility towards shareholders and stakeholders. This supports society and environmental conservation. The policy aligns with the principles of good corporate governance for listed companies in 2017 (Corporate Governance Code for Listed Companies 2017 or CG Code) set by the Securities and Exchange Commission Thailand, ensuring that the company's board of directors, executives, and employees adhere to these practices. The company's corporate governance policy encompasses key principles to guide its conduct.

The company has a policy to invest in subsidiaries or joint ventures that support the company's business operations, as well as invest in companies whose business activities align with the company's goals, vision, and strategic growth plans. These investments are intended to increase the company's profitability or result in beneficial synergies, enhancing its competitive edge and achieving the objective of becoming a leading operator in its core business sectors. Additionally, subsidiaries and/or joint ventures may consider further investments in other businesses if they present potential for growth, can extend the business's reach, or are beneficial to the group's business, capable of generating favorable investment returns.

Company name Business Type Shareholding Percentage
New Biodiesel Company Limited (“NBD”) Produce and sell biodiesel, crude palm oil, semi-refined palm oil, Palm olein oil for consumption and other by-products including the electricity production and distribution. 98.18%
Paco Trading Company Limited (“PACO”) Buy and sell crude palm oil Palm kernel oil, palm kernels and other products from palm to customers in Thailand and export abroad. 99.99%
P.K. Marine Trading Company Limited (“PKM”) Providing palm oil storage services general warehouse Bulk storage yard and providing port services for loading and unloading goods 99.99%
Petchsrivichai Company Limited (“PC”) Providing transportation services by vehicle for both liquid goods and dry goods such as fuel. crude palm oil semi-refined palm oil Palm olein oil for consumption Biodiesel oil, palm bunches, ore, iron, bags of cement, etc. 99.99%
P.C. Marine (1992) Company Limited (“PCM”) Providing shipping services by boat both in Thailand and abroad Both liquid products and dry products such as crude palm oil are provided. semi-refined palm oil Palm olein oil for consumption Biodiesel oil, palm bunches, ore, iron, bags of cement, etc. 99.99%
Palm D Srinakhon Company Limited (“PDS”) Produce and sell crude palm oil Other by-products Including the production and distribution of electricity. 19.00%

The core processes can be summarized into three main parts:

  1. Sourcing and Manufacturing Process: This involves the procurement of primary raw materials (Crude Palm Oil, Crude Palm Kernel Oil) and intermediate raw materials (Refined Bleached Deodorized Palm Oil, Palm Fatty Acid Distillate, Used Cooking Oil) for the production line of biodiesel (B100) and the manufacturing of palm olein for consumption.
  2. Trading Process: This encompasses the sale of products manufactured by the company's group of factories as well as products that have been purchased for resale.
  3. Logistics Process: This is a comprehensive support process for sales, including storage and delivery to customers within Thailand and for export abroad.

The group places a high priority on production processes, management practices, and quality control procedures for its products. As a result, it has obtained various management and product standards certifications to assure customers that its production processes and business operations adhere to international standards. The certifications include:

  • ISO 9001:2015 for Quality Management Systems,
  • ISO 14001:2015 for Environmental Management Systems,
  • GHPs for Good Hygiene Practices in Manufacturing,
  • GMPs for Good Manufacturing Practices in Food Production,
  • HACCP for Hazard Analysis and Critical Control Point,
  • HALAL Certification for Islamic Food Production,
  • KOSHER Certification for Jewish Food Production,
  • RSPO for Sustainable Palm Oil Production Standards,
  • ISCC for International Sustainability and Carbon Certification.

The company group has a policy prohibiting directors, executives, employees, and workers from engaging in any form of corruption, whether directly or indirectly, regardless of whether they are in a position to receive, give, or offer bribes to individuals or organizations involved. The policy and practices are reviewed regularly every year to ensure they remain relevant to business changes, regulations, and legal requirements. The details are as follows:

  1. The company and its group are committed to fostering an organizational culture that opposes corruption.
  2. All personnel of the company and its group must adhere to the anti-corruption policy and business ethics, avoiding involvement in corruption, both directly and indirectly, with the intention of benefiting themselves and related persons. Directors and executives must act as role models and ensure that all employees follow anti-corruption measures.
  3. The company and its group have an internal control system that considers corruption risk management, including risk assessment and the establishment of adequate and appropriate risk management measures.
  4. The company ensures that there are processes to audit systems and operational procedures in sales, marketing, and procurement to be transparent according to company regulations and procedures. This includes assessing the risks of corruption and managing them with appropriate corrective actions.

Should any individual come across or possess evidence pertaining to misconduct or actions inconsistent with legal regulations, corporate codes of conduct, business ethics, or governance policies by the company's directors, executives, employees, or representatives, they are encouraged to report such matters to the designated authorities as follows:

  1. Supervisors at all levels who are relied upon for their integrity.
  2. The department directly responsible for handling such matters
  3. Through the online system on the company's website at
  4. Internal complaint boxes within the company or at any of its branches.
  5. Via telephone: 077-284917-9 extension 243
  6. Via email:
  7. Via postal mail to: "Office of the Company Secretary, PCE Interprise Co., Ltd. (Public), 99/19 Moo 4, Kanjanavithee Road, Bang Kung Sub-District, Mueang Surat Thani District, Surat Thani Province, 84000.

The company group distributes its products to customers throughout the country via a sales team, which is responsible for directly contacting and presenting the products to the customers, including existing customers, new customers, and target customer groups consistently, in order to negotiate about the list of goods to be bought and sold, the conditions of payment, and the quantity of goods that the customers want. In selling products, the company group will deliver the goods to the customers' factories, or the customers can pick up the goods at the factory front. Most customers are long-established industrial operators that use palm oil as a raw material and have regular transactions with the company group. Regarding the sale of products to foreign customers, the company currently sells goods to brokerage companies abroad, which are involved in the business of purchasing commodity goods to resell to partners in various countries, such as Malaysia, India, Bangladesh, etc. Currently, the company regularly contacts and trades with 2 brokerage firms abroad. In the process of contacting and negotiating sales, the company's sales department will be responsible for negotiating, bargaining, and other related terms through online channels or email.

The company and its subsidiaries are focused on conducting business on the foundation of sustainable growth. The group recognizes the importance of its responsibility towards society, the environment, and stakeholders in the value chain, including the significance of being considered an organization that regards Environmental, Social, and Governance (ESG) factors. This includes opting for machinery and production processes as well as transportation systems that utilize modern, environmentally friendly technology and promote the use of digital technology within the group. There is a management system in place to minimize the safety, health, environmental, and social impacts of operations as much as possible, and to coexist harmoniously with the community by allowing all stakeholders to participate transparently in operations, ensuring both the corporate group and society grow sustainably together. Therefore, the corporate group places importance on corporate social responsibility (CSR) at every step, such as developing environmentally friendly products and services, reducing the use of resources and energy at every stage, minimizing pollution and waste, reducing greenhouse gas emissions, and setting environmental standards in various aspects to demonstrate responsibility towards society. The company has thus established a social responsibility policy and set sustainability management goals for the corporate group that align with the United Nations Sustainable Development Goals (SDGs) according to the UN Global Compact guidelines.

The company is committed to reducing greenhouse gas emissions, which is why they have developed a road map aligned with the announcements made at COP 26. Thailand aims to achieve Carbon Neutrality by the year 2050 and achieve Net Zero greenhouse gas emissions by 2065. Let’s break down the two aspects of emissions:

Direct Emissions (Scope 1): These arise from the company’s direct activities, such as machinery combustion, vehicle usage, chemical use, and cooling systems.

Indirect Emissions (Scope 2): These result from indirect activities, such as purchasing electricity for business operations.

The company has also calculated the carbon footprint of its products across all categories