Tipco Asphalt Public Company Limited Information

Tipco Asphalt Public Company Limited (“the Company”) manufactures and distributes asphalt products servicing road construction, maintenance and paving industries, essential for transportation within the country. Since the Company has been established, the highest priority has been to provide the best services to our customers. We continuously update our equipment by using the latest state-of-the-art technology in the road construction industry to supply high quality products and services in compliance with international standards. We believe in veracity and will strive with this integrity to remain in the forefront of the asphalt industry in Asia. The Company has manufacturing facilities and asphalt terminals located in the center of every region in Thailand with close proximity to our customers. With these facilities strategically covering all regions, the Company can promptly deliver asphalt products to domestic customers in Thailand, as well as, to neighboring countries via its own fleet of 300 trucks. This unique logistic capability is core to Tipco Asphalt’s dominance of the domestic market. Building on this capability, the Company also owns and operates nine oceangoing asphalt vessels which significantly expand our presence in the export market. These vessels also import asphalt into Thailand in the event shortage of domestic asphalt supply. Tipco Asphalt operates a refinery in Kemaman, Malaysia through its subsidiary, Kemaman Bitumen Company Sdn. Bhd. (“KBC”).KBC, located on 26 hectares of land in the Telok Kalong Industrial Estate, has a nameplate refining capacity of 30,000 barrels of heavy crude oil per day. In 2015, KBC processed 12 million barrels or 1.9 million tons of asphalt and non-asphalt products.