IRPC Annual Report 2023

Petrochemical Products Olefins IRPC’s olefin products, consisting of ethylene, propylene, and butadiene, are feedstocks for the production of various plastic pellets, mainly polyethylene (PE) and polypropylene (PP). In addition, the company’s olefin plant yields Acetylene Black as a by-product. This powder-like pure black substance has high electrical conductivity and is thus commonly used in the manufacture of standard batteries and even lithium-ion batteries for electronics and electric vehicles. It is also an electrically conductive additive for polymers and rubber products. Aromatics IRPC’s aromatic products consist of Benzene, Toluene, and Xylene. They are used as feedstocks for manufacturing plants of IRPC’s subsidiaries and some are sold to other related industries. Polymer IRPC produces and markets polymer or plastic pellets, which are downstream petrochemical products under the “POLIMAXX” trademark. These are the feedstocks for the manufacture of a wide range of plastic products through extrusion process, such as packaging, houseware, electrical appliances, auto and motorcycle parts, medical equipment and personal hygiene products, etc. • High Density Polyethylene (HDPE) IRPC’s HDPE resin pellets are high-density polyethylene products with In-line Compounding suitable for pipe extrusion, especially water supply pipes, electrical condui ts, and drainage pipes, which require exceptional weather resistance. • Polypropylene (PP) PP is widely used in industries, from packaging, electrical appliances, automotive parts to medical equipment and apparatuses. IRPC produces PP Homopolymer, PP Impact Copolymer, and extra transparent PP Random Copolymer. The company also produces PP Composite which allows additives and color customization according to the customer requirements. • Acrylonitrile-Butadiene-Styrene (ABS) IRPC produces several grades of ABS, each with its unique properties, such as high impact and super high impact resistance, high gloss, and high heat resistance, etc. Compatible with Injection Molding and Sheet Extrusion processes, ABS is commonly made into products that require toughness, durability, heat resistance, high tensile strength, chemical resistance, solvent resistance, coating adhesion, surface quality, and luster, such as parts for electrical appliances, interior and exterior auto parts, houseware, sanitaryware, and children’s toys, etc. • Acrylonitrile Styrene (SAN) SAN or AS is a transparent, hard, strong, and tough, and has higher thermal and chemical resistance than PS. It is commonly used to manufacture lenses for headlights and taillights, some parts of turn-signal lenses, household items, such as sanitaryware, lighters and containers as well as electrical appliances, such as fan blades and blenders. In addition to the properties described, SAN also produces glossy surfaces, has high rigidity, thermal and chemical resistance and is particularly resistant to shear force. • Polystyrene (PS) The company’s PS can be divided into 2 types. General Purpose Polystyrene (GPPS) that offers extra transparency and hardness. It is easily molded but has low impact strength and is thus commonly used to make products that require transparency and structural integrity, such as refrigerator shelves and other housewares, etc. And High Impact Polystyrene (HIPS) which can withstand greater impact than GPPS thanks to the addition of Butadiene Rubber. Both types of PS are compatible with Injection Molding and Sheet Extrusion processes. 71 Structure and Business Operations of IRPC 56-1 ONE REPORT 2023

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