Industry Update – Energy (Oil Retailers)
The Oil Fund will be used as the mechanism to cap the diesel price after the Bt5/liter excise tax reduction scheme expires on July 20, 2023, which...
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Bangchak Sriracha (ESSO TB)
Bangchak Sriracha (ESSO TB)
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Analysis
Energy • Thailand
Bangchak Sriracha is an integrated petroleum refining and distribution business. The company operates a complex refinery in Sriracha, Chonburi province, producing refined petroleum products such as liquefied petroleum gas, gasoline, jet fuel, diesel, and asphalt, along with aromatics and chemical products. It distributes these products through its network of retail service stations under the "Bangchak" brand and to commercial customers. The company is headquartered in Bangkok, Thailand, and was incorporated in 1965.
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