“In September 2008, PTT’s Broad of Director approved for the establishment of PTT Tank Terminal Company Limited, being the flagship of port & tank service provider for PTT Group, with registered capital of 2,500 MB ($80Mils). PTT Tank Terminal was established on March 6th, 2009 and was awarded in 2008 by the IEAT the 30-year right-of-use for 57 Rai (approx. 22.5 Acres) of area at Map Ta Phut Port.

By 3rd Quarter of 2011, PTT Tank became operational as a commercial tank terminal operator with the main purpose to support PTT Group  petrochemical and refining businesses. First signed service agreement is with PTT Asahi Chemical for servicing ammonia, Acrylonitrile, Methyl Methacrylate and Sulfuric Acid storage tanks including jetty facilities in May 2010. Second signed service agreement is with HMC Polymers for servicing propylene storage tank and related facilities in April 2010”