Project ONE
17 January 2022
Mr Auttapol Rerkpiboon,President and Chief Executive Officer of PTT Public Company Limited (PTT), on 17th January 2022, presided over the signing ceremony of Project ONE : Collaboration Agreement between PTT and IRPC Public Company Limited.
The contract was signed by Mr Disathat Panyarachun, Senior Executive Vice President, International Trading Business Unit, PTT and Mr Chawalit Tippawanich, President and Chief Executive Officer, IRPC Public Company Limited.
Mr Kris Imsang, Chief Operating Officer, Downstream Petroleum Business Group, PTT also witnessed the signing ceremony.
The parties under PTT cover PTT International Trading Pte Ltd (Singapore), PTT International Trading London Ltd (UK), PTT International Trading USA Inc. (USA) and PTT MEA Ltd (UAE).
Project ONE is one of Downstream Petroleum Business Group’s strategies, which is the synergy of integrated international trade flows as well as human resources capabilities. The synergy can create the power of efficiency in petroleum and petrochemical trading, international chartering and derivatives trading via optimization, re-optimization, co-load, co-purchase including price volatilities.
Consequently, this can drive PTT Group to sustainable growth. In the long run, this will bring fruitful benefits to Thailand in terms of international competitiveness including national energy security under good governance.