PSP Strengthens Business with the Launch of PSP Lab, Highlighting Expertise in Research, Development, and Lubricant Product Quality Testing to Expand Comprehensive Business Portfolio.

P.S.P. Specialties Public Company Limited (PSP), the leading lubricant solutions partner, has launched PSP Laboratory Service to expand expertise in research, development, and quality control of lubricant products to international standards. Serving both domestic and international clients across industries such as oil, lubricants, grease, transformer oil, and rubber process oil, PSP Lab is equipped with state-of-the-art automated technology, a highly skilled team, and globally recognized certifications. This new service enhances business competitiveness, improves product quality, and meets diverse market demands while driving sustainable growth. Additionally, PSP optimizes resource efficiency and creates new revenue opportunities, reinforcing long-term commitment to innovation and industry leadership.

Mr. Sakesan Krongphanich, Deputy CEO of P.S.P. Specialties Public Company Limited (PSP), announced the launch of "PSP Laboratory Service" to expand the company's expertise in research, development, and quality control of lubricant products. This new service aligns with PSP’s strategy of leveraging strengths to create specialized, high-value offerings. Equipped with state-of-the-art automated testing systems and a team of experienced professionals, PSP Lab enhances business competitiveness by providing advanced formulation and quality assurance solutions that meet international standards. The initiative supports both domestic and global clients, ensuring high-quality, safe, and efficient lubricant products while reinforcing PSP’s commitment to sustainable growth.

“PSP Laboratory Service is PSP’s latest comprehensive offering, covering research, development, and quality control of lubricant products. At the same time, we also provide quality control services for both new and used lubricants, allowing customers to customize QC solutions to meet their specific requirements,” said Mr. Sakesan.

PSP’s quality control services utilize advanced technology to ensure highly efficient and precise testing. The key strengths of PSP’s quality control operations include the use of state-of-the-art automated equipment, enabling accurate and effective lubricant product testing. PSP Laboratory Service offers comprehensive testing for all types of lubricants, handled by a team of knowledgeable, skilled, and experienced professionals specializing in lubricants. The lab adheres to international testing standards such as ASTM, IEC, and IP and is certified under multiple global management systems, including ISO/IEC 17025 (testing laboratory competence), ISO 9001 (quality management), ISO 14001 (environmental management), ISO 45001 (occupational health and safety management), and ATF 16949 (quality management for the automotive industry). These certifications ensure that PSP Lab’s quality control processes meet the stringent requirements of various industries, giving customers confidence that every product tested meets international standards.

PSP’s research and development (R&D) services are dedicated to formulating high-quality, safe lubricant products. The company has invested in specialized equipment for formulation development, including the Gas Chromatography-Mass Spectrometry (GC-MS) system, a key tool for analyzing aromatic hydrocarbons—compounds associated with potential carcinogenic risks. This ensures that all products developed through PSP Laboratory Service meet the highest safety standards, providing users with reliable and hazard-free lubricants.

Mr. Sakesan further stated that the primary target group for PSP Laboratory Service is PSP’s existing key account customers. Additionally, in line with business development strategy, PSP sees opportunities to expand customer base, particularly in the lubricant and transformer oil industries, where there is demand for high-quality, internationally certified products. The service also caters to industries such as oil, lubricants, grease, transformer oil, rubber process oil, and the broader automotive sector - especially customers without in-house laboratories or quality control capabilities. With the launch of PSP Laboratory Service, the company aims to provide comprehensive solutions to both domestic and international clients.

PSP has recently been certified with the IATF 16949 standard by BSI, the only globally recognized quality management system for the automotive industry. This certification enhances PSP’s position as a competitive manufacturer on the international stage, enabling the company to access new markets and secure procurement contracts from global customers, particularly in the rapidly growing automotive sector. Additionally, it reinforces PSP’s credibility and elevates business standards as a trusted part of the automotive supply chain, earning recognition from leading car manufacturers worldwide.

PSP Laboratory Service maximizes the efficient use of PSP’s resources while driving sustainable business growth. At the same time, it creates new revenue opportunities through specialized services. Beyond strengthening PSP’s market position, the service enhances product quality standards and supports long-term growth for customers, ensuring continuous development and competitiveness in the industry.

In the long term, PSP aims to establish PSP Laboratory Service as a key strength of the company, reinforcing expertise in research, development, and quality control of lubricant products. This initiative not only creates new revenue opportunities but also enhances product development to meet the evolving demands of the global market, ensuring PSP remains competitive in the future, Mr. Sakesan concluded.