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216:-led government, to operate the ailing state-owned Bangchak Refinery, as part of a restructuring project with assistance from the World Bank. Initially a state enterprise, the company ran its operations under the supervision of the finance minister. Its main missions were to refine oil and to produce petrol products for Thailand's domestic consumption.
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On 11 January 2023, Bangchak informed the Stock
Exchange of Thailand that the company entered into the share purchase agreement with ExxonMobil for the acquisition of 65.99% of ordinary shares in Esso (Thailand) Public Company Limited, which was later approved by the Annual General Meeting of
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In April 1993, the company was listed on the Stock
Exchange of Thailand (SET) under the name of The Bangchak Petroleum Public Company Limited and began trading the following year (2 Aug. 1994). The company ceased to be a state enterprise on 1 October 2001.
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1.Refinery
Business Group – refining and oil trading.Two complex refineries, Bangchak Phra Khanong Refinery in Bangkok and Bangchak Sriracha Refinery in Chonburi, with a combined nameplate capacity of almost 300,000 barrels per day.
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was the company's first president. In the 1990s, under his leadership, the company made several initiatives focused on community responsibility as well as environmental awareness, which helped Sophon win the
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In 2017, the company rebranded and changed its name to “Bangchak
Corporation” to reflect it business operations, which had grown beyond petroleum refining and finished products retail.
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On 31 August 2023, Bangchak completed the acquisition of 65.99% of Esso (Thailand) shares, incorporating ESSO’s service stations, products and aviation fuel under the
Bangchak brand.
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2.Marketing
Business Group - Distribution channel of over 2,200 service stations, as well as non-oil business with Inthanin Coffee, lubricants, EV charging stations, and restaurants.
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In 2023, Bangchak signed the construction agreement of a sustainable aviation fuel production unit in its oil refinery in
Bangkok. The process incorporates pre-treatment and
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Bangchak has numerous businesses and subsidiaries, all working towards sustainable energy development. These can be grouped into 5 main business groups, namely:
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3.Green Power
Business, operated by BCPG Group – renewable energy (solar power, wind power, hydropower), natural gas, and smart energy (smart city).
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The Trade
Competition Commission of Thailand (TCCT) approved Bangchak’s acquisition of shares in Esso (Thailand) Public Company Limited.
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Bangchak
Corporation Public Company Limited on 11 April 2023, and is expected to be completed in the second half of 2023.
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4.Bio-Based Products Business, operated by BBGI – biofuels and by-products, as well as health and well-being products.
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5.Natural Resources, investing in petroleum exploration and production through investments in OKEA ASA, Norway.
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Oil, High Value Specialty Products, Non-oil, Bio-Based Products, Green Power, Energy, Natural Resource
337:""ป๋าเปรม" กับ "บางจาก" จุดกำเนิด "บางจากฯ ของคนไทย หัวใจไท" ตอน 2 นายกฯ เปรม ผู้ให้กำเนิด "บางจากฯ""
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Bangchak Petroleum was established in accordance with a cabinet resolution of June 1984, during the
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conglomerate in Thailand. It was founded as a state-owned company in 1984, and is now listed on the
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2098 M Tower Building, 8th Floor, Sukhumvit Rd., Phra Khanong Tai, Phra Khanong Bangkok 10260
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312:"Staff appraisal report: Thailand: Bangchak Oil Refinery restructuring project"
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The company now does business in oil refining and retail, as well as
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Asia's Environmental Movements: Comparative Perspectives
500:Companies listed on the Stock Exchange of Thailand
440:"Bangchak Announces Acquisition of Esso Thailand"
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362:Lee, Yok-shiu F.; So, Alvin Y., eds. (1999).
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182:Bangchak Corporation Public Company Limited
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234:The company suffered heavily from the
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515:Energy companies established in 1984
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510:Thai companies established in 1984
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490:Oil and gas companies of Thailand
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62:Resources/Energy & Utilities
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393:Bangkok Post: 72 Years of Trust
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387:Chetchotiros, Nattaya (2018).
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248:through various subsidiaries.
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454:"Bangchak Concludes AGM 2022"
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366:. M.E. Sharpe. p. 132.
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317:. World Bank. 17 April 1985
236:1997 Asian financial crisis
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505:Companies based in Bangkok
292:Hydrotreated vegetable oil
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202:Stock Exchange of Thailand
495:Automotive fuel retailers
343:(in Thai). 31 August 2019
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100:(Group CEO and President)
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35:Public Company Limited
225:Ramon Magsaysay Award
98:Chaiwat Kovavisarach
414:"Nature of Business"
137:THB 340,429 million
122:THB 385,853 million
70:8 November 1984
17:Bangchak Corporation
276:Recent Developments
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389:"Fuelling success"
246:sustainable energy
190:Bangchak Petroleum
153:THB 41,680 million
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214:Prem Tinsulanonda
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132:Total assets
85:Headquarters
31:Company type
484:Categories
373:1563249081
298:References
252:Operations
227:in 1998.
94:Key people
77:1984-11-08
341:Sarakadee
194:petroleum
169:.bangchak
43:Traded as
106:Products
59:Industry
208:History
192:, is a
162:Website
114:Revenue
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67:Founded
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145:EBITDA
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424:4 May
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315:(PDF)
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400:2020
368:ISBN
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323:2020
196:and
186:BCP
173:.th
171:.co
167:www
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49:SET
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