Nature of Business
Bangchak Sriracha Public Company Limited is an integrated petroleum refining and distribution business
The Business owns and operates a Complex Refinery with a maximum rated capacity of 174,000 barrels per day and 100 Crude and finished oil tanks, an aromatics plant with a capacity of 500,000 tons per annum of Paraxylene and a solvent production unit with a capacity of 50,000 tons per annum. Each plant is linked to the business’ integrated refining unit and refining process. The Business sells refined petroleum products to retail consumers through its network of retail service stations under the brand “Bangchak” and directly to commercial customers in the industrial, wholesale, aviation, marine and exportation
The Business owns and operates a Complex Refinery with a maximum rated capacity of 174,000 barrels per day and 100 Crude and finished oil tanks, an aromatics plant with a capacity of 500,000 tons per annum of Paraxylene and a solvent production unit with a capacity of 50,000 tons per annum. Each plant is linked to the business’ integrated refining unit and refining process. The Business sells refined petroleum products to retail consumers through its network of retail service stations under the brand “Bangchak” and directly to commercial customers in the industrial, wholesale, aviation, marine and exportation
Business Group Structure
Refinery Business
World-class complex refinery with a maximum capacity of 174,000 barrels per day. It is strategically located near Laem Chabang deep seaport in Sriracha, Chonburi province
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Marketing Business
The Business sells refined petroleum products to retail consumers through its network of retail service stations under the brand “Bangchak” and directly to commercial customers in the industrial, wholesale, aviation, marine and exportation
Explore MoreKey Performance Highlights
The company is a major player in the oil refining and petrochemical industry. The Company owns and operates a complex refinery with a crude oil refining capacity of 174,000 barrels per day. With over 100 storage tanks for finished products, we also have Aromatics Plants producing 500,000 tons per year of paraxylene and a solvent production unit with a capacity of 50,000 tons per year. Each facility is integrated to the oil refining unit and the complete petroleum refining process, enabling the Company to distribute petroleum products to end consumers through retail service station network nationwide. The Company also directly supplies customers in the industrial, wholesale, aviation, asphalt and marine sectors.
The Company also produces and sells chemical products, including Solvents to domestic and export market.
The Company’s refined petroleum products produced in Thailand include liquefied petroleum gas (LPG), gasoline, jet fuel/kerosene, diesel, fuel oil, asphalt and solvents.
The Company is an affiliate of Bangchak Corporation. Benefits from being a part of Bangchak Corporation include access to technological, operational, project and engineering services, research and development programs, marketing programs, and the use of “Bangchak” brand. The Company also receives support services provided by Bangchak Corporation and/or its affiliates. The Company continue to adhere to disciplined business practices, which emphasize long-term fundamentals and adding value to shareholders.
Business Purpose and Goals
To strive to find solutions that optimize energy challenges - affordability, security and sustainability and to create a sustainable and resilient energy system for the future.
Business Strategy Highlights
Our business model is disciplined and straightforward based on taking a long-term perspective of generating growth in shareholder value while managing operational and business risks. The key strategies associated with our business model, in line with Bangchak Group strategies to utilize asset & network and capture benefits from synergy and shared services, are to:
