- Business
- Bangchak Sriracha Public Company Limited operates as an integrated petroleum refining and distribution business headquartered in Sriracha, Chonburi, Thailand, founded in 1996. The company owns and operates a complex refinery with a maximum rated capacity of 174,000 barrels per day, an aromatics plant producing 500,000 tons per annum of paraxylene, and a solvent production unit with a 50,000 tons per annum capacity. Its core products include refined petroleum products such as liquefied petroleum gas (LPG); gasoline; jet fuel and kerosene; diesel; fuel oil; asphalt; marine fuels; chemicals including hydrocarbon solvents (hexane, rubber solvents, white spirits); lubricants; and specialties. The company sells these products to retail consumers through a network of service stations branded "Bangchak" and supplies commercial customers in industrial, wholesale, aviation, marine sectors, and for export. It also operates oil terminals, chemical manufacturing plants, distribution facilities, and leases real estate properties.
In the recent period, Bangchak Sriracha has undergone significant operational and strategic changes, including its full integration into the Bangchak Group after the parent company's acquisition of all outstanding shares. This corporate restructuring aims to transition towards a Single Listed Entity model to enhance synergy realization and operational agility between refining and marketing businesses. The company completed rebranding all service stations from "Esso" to "Bangchak" by the end of 2024 and expanded its refining throughput from 101,900 barrels per day in 2023 to 147,800 barrels per day in 2025. Additionally, Bangchak Sriracha has focused on strengthening community leadership, environmental sustainability initiatives, and improving logistics to reduce transportation costs and carbon footprint. It has also formed a joint venture named Refinery Optimization and Synergy Enterprise Company Limited (ROSE) to optimize refinery operations in coordination with Bangchak Corporation. The tender offer and share repurchase program completed in late 2025 have prepared the company for delisting from the Stock Exchange of Thailand by December 12, 2025, consolidating its operations fully within Bangchak Corporation.
Bangchak Sriracha operates primarily in Thailand, leveraging its strategic location near Laem Chabang deep seaport to support its refinery and export activities. The company serves a diverse set of end markets comprising retail consumers, industrial clients, aviation, marine, and wholesale customers. As an affiliate of Bangchak Corporation, it benefits from access to technology, R&D, marketing programs, and support services, reinforcing its competitive position in Thailand’s energy sector. The company emphasizes disciplined business practices focused on long-term value creation, sustainable growth, and enhanced shareholder returns.
This comprehensive refinement and marketing operation, combined with recent strategic reorganizations and capacity expansions, position Bangchak Sriracha as a key player in Thailand’s petroleum industry with a growing focus on sustainability and operational efficiency.