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Bangkok Post

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FORGOTTEN HISTORY: Bangchak intensifies energy logistics push - The Untold Story

Esso Bangchak Corporation Oil SET Chaiwat Kovavisarach

Bangchak’s oil terminal in Ayutthaya’s Bang Pa-in district. (Photo: Bangchak Corporation)

SET-listed energy conglomerate Bangchak Corporation aims to expand its energy logistics business after shareholders approved a plan to take over Esso (Thailand) Plc.

Chaiwat Kovavisarach, chief executive of Bangchak Group, said the company is planning long-term investment through its subsidiary Bangkok Fuel Pipeline and Logistics Co (BFPL) with the aim of racking up more revenue.

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