The complex refinery of Bangchak operates with the nameplate capacity of 120,000 barrels per day. The majority of the yields are gasoline and diesel. The quality of its gasohol and diesel products meets the public sector’s Euro 4 standard. Bangchak focuses on energy stability in its production processes by using electricity and steam derived from its cogeneration power plant, while replacing fuel oil with cleaner-burning natural gas. It raises the efficiency of its refining processes with the implementation of its 3E and YES-R Projects.
BCP Trading Pte. Ltd.
Incorporated in Singapore, BCPT engages in commodity trading including crude oil, petroleum products, petrochemicals, other chemical products, and other downstream businesses. The company has a registered capital of US$1 million and is wholly owned by Bangchak.
Bongkot Marine Service Co., Ltd.
This joint-venture enterprise has a registered capital of Baht 240 million, in which Bangchak holds 30%. It engages in supplying and administration of floating storage units.
Fuel Pipeline Transportation Ltd.
With a registered capital of Baht 3.66 billion, in which Bangchak holds 4.95%, FPT operates underground pipeline fuel transport. The multiproduct pipeline is laid parallel to the railway route to Don Muang International Airport Oil Depot via Chong Nonsi Oil Depot and ends at Bangchak’s oil depot in Bang Pa-in, Ayutthaya, and at FPT. A pipeline connection with the system of JP-One Asset Co., Ltd., made at the Makkasan area supplies aviation fuels to Suvarnabhumi International Airport.
The Marketing Business Group sells fuels and lubricants to consumers through Bangchak’s network of 1,114 service stations nationwide, made up of 499 standard and 615 community service stations, as of December 2017. To provide convenience to customers, the stations offer supplementary (non-oil) businesses under the operation of Bangchak Retail Co., Ltd., which also distributes products to industrial users together with the transport, airlines, vessels, construction, and agriculture sectors.
Bangchak Green Net Co., Ltd.
Incorporated with Baht 1 million in registered capital, in which Bangchak holds 49%, BGN engages in service station administration and sales management of consumer products at Baichak and Lemon Green outlets.
Bangchak Retail Co., Ltd.
This wholly-owned subsidiary of Bangchak has Baht 300 million in registered capital. BCR engages in the food and drinks business to accommodate continuous growth in the retail business through 33 branches of SPAR Supermarket brand, over 446 branches of Inthanin Coffee, Inthanin Garden premium coffee shops, and other supplementary businesses.
Oam Suk Social Enterprise Co., Ltd.
With an initial registered capital of Baht 10 million, in which Bangchak holds 40%, Oam Suk engages in the purchase of agricultural produce and organic crops for processing, marketing, distribution, and R&D.
Bangchak invests in the renewable-power business by holding 70.27% equity in BCPG Public Company Limited (BCPG), a listed company on the Stock Exchange of Thailand (SET). Its IPO took place on September 28, 2016. BCPG engages in investments in the power generation business from green energy sources (both domestic and overseas), such as solar, wind, and geothermal power projects.
Incorporated with a registered capital of Baht 10 billion, in which Bangchak holds 70.27, to engage and invest in the green power business (domestic and overseas), BCPG’s projects consists of Phase 1 of a solar farm project with a contractual capacity of 38 MW located in Bang Pa-in, Ayutthaya; a wind farm project with an equity capacity of 20 MW; a geothermal power plant with equity capacity of 182 MW; and other renewable power plants operated by subsidiaries of BCPG.
Bangchak Solar Energy Co., Ltd.
BSE has a registered capital of Baht 1.8 billion, in which BCPG holds 99.9%. It engages in a solar farm project “Phase 2” located in Amphoe Bamnet Narong, Chaiyaphum, and in Bang Pahan, Ayutthaya, with a combined contractual capacity of 32 MW.
Bangchak Solar Energy (Burirum) Co., Ltd.
Bangchak Solar Energy (Burirum) Co., Ltd. Established with a registered capital of Baht 755 million, in which BCPG holds 99.9%, BSE-BRM engages in a solar farm project “Phase 3” with a contractual capacity of 8 MW, located in Amphoe Prakhon Chai, Buri Ram.
Bangchak Solar Energy (Burirum 1) Co., Ltd.
BSE-BRM 1 has a registered capital of Baht 765 million, in which BCPG holds 99.9%. It engages in a solar farm project “Phase 3” with a contractual capacity of 8 MW, located in Amphoe Nong Ki, Buri Rum.
Bangchak Solar Energy (Chaiyaphum 1) Co., Ltd.
Incorporated with baht 780 million in registered capital, in which BCPG holds 99.9%, BSE-CPM 1 engages in a solar farm project “Phase 3” with a contractual capacity of 8 MW, located in Amphoe Bamnet Narong, Chaiyaphum.
Bangchak Solar Energy (Nakhon Ratchasima) Co., Ltd.
BSE-NMA was incorporated with Baht 760 million in registered capital, of which BCPG holds 99.9%. It engages in a solar farm project “Phase 3” with a total contractual capacity of 8 MW, located in Amphoe Dan Khun Thot, Nakhon Ratchasima.
Bangchak Solar Energy (Prachinburi) Co., Ltd.
Founded with Baht 1.4 billion in registered capital, in which BCPG holds 99.9%, BSE-PRI engages in a solar farm project “Phase 3” located in Amphoe Dan Khun Thot, Nakhon Ratchasima, with a contractual capacity of 16 MW. A contractual capacity of 12-MW solar power is generated for public agencies and agricultural cooperatives while 9 MW of solar power is for public agencies and the War Veterans Organization of Thailand. In addition, BSE-PRI invests in the solar power generation business in Japan with a total contractual capacity of 150.5 MW under a wholly owned subsidiary, BSE Energy Holdings Pte. Ltd.
BCPG Biopower 1 Co., Ltd., and BCPG Biopower 2 Co., Ltd.
Both were incorporated with a total registered capital of Baht 60 million and Baht 20 million. BCPG holds 99.99%.
BCPG Investment Holdings Pte. Ltd.
BCPGI, wholly owned by Bangchak, was established in Singapore as an overseas holdings company with S$1 million in registered capital. BCPG wholly owns Greenergy Holdings Pte. Ltd. and Greenergy Power Pte. Ltd., designed to invest in solar farms in Japan.
Star Energy Group Holdings Pte. Ltd.
Star Energy Group Holdings Pte. Ltd. was founded in Singapore to engage in the geothermal-based power generation business with a registered capital of Baht 28.2366 billion, in which BCPG holds 33.33%.
BSE Energy Holdings Pte. Ltd. (BSEH)
Registered in Singapore with S$1 million in capital as a holding company, BSE-PRI wholly owns BSEH, while BSEH wholly owns BCPG Japan Corporation (BCPGJ) for project development, administration, construction, operation, and to capital management in power plants in Japan.
BCPG Wind Cooperatief U.A.
Wholly owned by BCPGI, BCPG Wind Cooperatief U.A. was founded in the Netherlands with a registered capital of US$14.1618 billion to engage in the business of holding equities in other companies abroad. Bangchak’s investment is made through PetroWind Energy Inc. (PWEI) in a wind-based power project in the Philippines with a registered capital of Baht 894,800, in which BCPG Wind Cooperatief U.A. holds 40%.
Huang Ming Japan Co., Ltd.
Founded in Japan and wholly owned by BSE-BRM, Huang Ming Japan Co., Ltd. (HMJ) engages in the solar power project in that country with a registered capital of Y 0.1 million.
Bangchak advocates the blending of ethanol with gasoline and biodiesel with diesel to form gasohol 91 and gasohol 95, gasohol E20 and gasohol E85 together with Hi Diesel for distribution. BBP Holdings Co., Ltd. (BBH) was founded this year to merge with KSL GI Co., Ltd. (KSLGI), a subsidiary of Khon Kaen Sugar Industry Plc., into a new entity called BBGI Plc. (BBGI), in which Bangchak holds 60%. BBGI is committed to maximizing capability, business strength, and future growth while distributing risks of key raw materials’ price fluctuation, including cassava, molasses, and crude palm oil. BBGI comprises four subsidiaries, namely Bangchak Biofuel Co., Ltd., Bangchak Bioethanol (Chachoengsao) Co., Ltd., Ubon Bio Ethanol Co., Ltd., and KSL Green Innovation Plc.
BBGI was incorporated with a registered capital of Baht 2.532 billion, in which Bangchak holds 60%. Merging between BBH and KSLGI made BBGI the largest biofuel producer and distributor in Thailand. BBGI’s total capacity is more than 1,710,000 liters a day, comprising 900,000 liters a day of ethanol and 810,000 liters a day of biodiesel. Subsidiaries of BBGI consist of:
Bangchak Biofuel Co., Ltd. (BBF)
Established with Baht 281.5 million in registered capital, in which BBGI holds 70%, BBF engages in the production of biodiesel from crude palm oil, a basic raw material, with the nameplate capacity raised to 810,000 liters a day. Located in Bang Pa-in, next to Bangchak’s oil depot in Ayutthaya, it is preparing to construct a prototype plant for high-value bio-based products from palm fatty acids to add value to a by-product of the biodiesel process. BBF also initiated a pure glycerin project for value addition.
Bangchak Bioethanol (Chachoengsao) Co., Ltd. (BBE)
BBE has a registered capital of Baht 500 million, in which BBGI holds 85%. Located in Amphoe Phanom Sarakham, Chachoengsao, it produces 99.5% ethanol from fresh cassava and cassava chips with a capacity of 150,000 liters a day to serve soaring demand.
Ubon Bio Ethanol Co., Ltd. (UBE)
UBE was incorporated with a registered capital of Baht 2.74 billion, in which BBGI holds 21.28%, located in Amphoe Na Yia, Ubon Ratchathani. It engages in the ethanol and tapioca flour business with an ethanol capacity of 400,000 liters a day based on fresh cassava, cassava chips, and molasses to enhance ethanol security and accommodate growth in gasohol E20 and gasohol E85 sales. UBE’s subsidiary also engages in processing cassava into flour with a capacity of 700 tons a day and generating power from the biogas derived from wastewater treatment from the flour and ethanol processes.
KSL Green Innovation Plc. (KGI)
KGI is wholly owned by BBGI with a registered capital of Baht 1 million. It engages in the production and distribution of ethanol based on molasses derived from the sugar manufacturing process. KGI’s two ethanol manufacturers now operate with a total capacity of 350,000 liters per day, located in Amphoe Nam Phong, Khon Kaen, and in Amphoe Bo Phloi, Kanchanaburi. Moreover, the biogas power plant of KGI generates power from the biogas derived from wastewater treatment from the ethanol process.
BCP Energy International Pte. Ltd.
This company was established in Singapore to engage in energy, petrochemical, and natural resources businesses and an innovation business overseas.
BCP Innovation Pte. Ltd.
This company was founded in Singapore to engage in innovation businesses overseas by investing in Lithium Americas Corp., a listed company on the Canadian Securities Exchange, undertaking lithium mining businesses in Argentina and the US. Lithium’s demand has soared since it is an essential raw material for batteries for various products.
BCP Energy International Pte. Ltd. (BCPE)
Wholly owned by Bangchak and established in Singapore with a registered capital of US$111.4 million, BCPE engages in energy, petrochemical, and natural resources business overseas and now invests 100% through the common shares of Nido Petroleum Ltd.
BCP Innovation Pte. Ltd. (BCPI)
BCPI has a registered capital of US$5.1 million, wholly owned by Bangchak. Incorporated in Singapore to engage in innovation business overseas, BCPI now invests 16% through common shares in Lithium Americas Corp. (as of December 2017).
Nido Petroleum Pty Ltd. (Nido)
Nido engages in the petroleum exploration and production business with an investment focus in Southeast Asia. It holds rights in producing oil fields, namely Galoc, Nido, and Matinloc in the Philippines with a current combined output of 3,500 barrels per day, along with rights in the fields under development and exploration, namely West Linapacan, in the Philippines, and rights in fields under exploration, namely SC6B, SC14D, SC54A, SC54B, SC58, and SC63 in the Philippines.
Lithium Americas Corp. (LAC)
LAC is listed on the Toronto Stock Exchange, Canada and listed on New York Stock Exchange, USA since January 25, 2018, and engages in the lithium mining business to produce lithium carbonate and lithium hydroxide, which are essential raw materials for batteries for various products with robust trends, namely hybrid cars, electric cars, energy storage systems, and mobile electronic appliances. LAC is developing two lithium mines in Argentina and the US. The Argentina project is under the development of Minera Exar S.A., where lithium carbonate production is expected in 2019 for a capacity of 25,000 tons per year, whereas the US lithium mining project is under development by Lithium Nevada Corp. In addition, an affiliated RheoMinerals Inc. (formerly Hectatone Inc.) has produced organoclay for exploration and production of petroleum with a maximum capacity of 10,000 tons per year since 2015.