IRPC Annual Report 2023

In addition, the plastic pellet products under POLIMAXX trademark have successfully secured the renewal of certification for the carbon reduction label from the Thailand Environment Institute Foundation, including: • Polypropylene (PP): PP Homo Polymer (69,787.49 tons CO2 equivalent per year), PP Random Copolymer (20,043.57 tons CO2 equivalent per year) and PP Block Copolymer (14,171.46 tons CO2 equivalent per year). • Expandable Polystyrene (EPS): STD STANDARD TYPE (3,430 tons CO2 equivalent per year), and SE TYPE (SELF EXTINGUISHING TYPE) (3,430 tons CO2 equivalent per year). • Polystyrene (PS): High Impact Polystyrene (HIPS) (3,932 tCO2eq per year) and General Purpose Polystyrene (GPPS) (3,844 tCO2eq per year). R: Reshape Portfolio Climate Change Products IRPC is committed to researching and developing new products to meet the diverse needs of customers, as well as developing environmental-friendly products which creates more business opportunities and enable IRPC to adapt to changes in the economy, society, and environment, paving way for to sustainable growth. IRPC addresses the concerns of environmentally conscious users by providing alternative solutions through the development of the following products: 1. POLIMAXX Green ABS, in which synthetic rubber is replaced by a natural rubber. The uses of the product can reduce GHG emission. 2. POLIMAXX Green PS, an innovative product made from 20-50% styrene mixed with natural rubber. The development of this product is a co-project between IRPC and a customer with the aim of developing a traffic cone made from plastic rubber composite which can reduce the use of synthesis rubber by 30%. The new traffic cone is strong, durable, flexible and impact resistant. 3. POLIMAXX Wood Plastic Composite is a plastic product with a mixture of wood powder, blending outstanding properties of plastic and wood perfectly. IRPC focuses on developing products that can be used in consumer packaging and furniture. In the case of consumer packaging, all requirements from Food Contact EU Regulation (FDA) had already been passed. 4. POLIMAXX Natural Pigment Color Compound is categorized as an environmentally friendly plastic. It is developed by mixing plastic with natural color extracts instead of synthetic colors. The method does not compromise the physical property of the plastic and is under international quality control. There are three colors, which are green from spinach, red from shellac, tomatoes, or strawberries, and yellow from turmeric, bell peppers, or carrots. This product is an alternative to the growing number of health and safety conscious consumers in Thailand and abroad. Reshape Portfolios >70% Progress vs Plan >7 Initiatives Circular Initiatives 137 Business-Driven Sustainability 56-1 ONE REPORT 2023

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