The complex refinery of Bangchak operates with a nameplate capacity of 120,000 barrels per day (120 KBD). The majority of the outputs 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 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, YES-R and Rocket Projects.
The Marketing Business Group sells fuels and lubricants to consumers through Bangchak's network of 1,201 service stations nationwide, made up of 589 standard and 612 community service stations, as of December 2019. 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 invests in the renewable-power business by holding 70.04% equity in BCPG Public Company Limited (BCPG), a SET-listed company. 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.
Recognizing the significance of renewable energy in reducing trade deficits arising from imported fuels, thus enhancing national energy security, supporting farmers and conserving the environment, Bangchak advocates the blending of ethanol with gasoline, and biodiesel with diesel, to form assorted grades of gasohol and biodiesel. Bangchak invests in bio-based products through its shareholding in BBGI Public Company Limited (BBGI).
This business group, one of Bangchak's five core businesses, is in charge of the development of upstream petroleum businesses and battery energy storage systems, namely the petroleum exploration and production (E&P) business and the lithium mining business. Bangchak founded BCPR Co., Ltd. in Thailand, and BCPR Pte. Ltd. together with BCP Energy International Pte. Ltd. in Singapore, to engage in the petroleum E&P business and founded BCP Innovation Pte. Ltd., in Singapore, to engage in the lithium mining business.
Listed on the Toronto Stock Exchange, Canada, and the New York Stock Exchange, USA, LAC engages in the lithium mining business to produce lithium carbonate, an essential raw material for batteries.
LAC is developing two lithium mines in Argentina and the USA. The Argentina project is under the development of Minera Exar S.A., and lithium carbonate production is expected in 2021 with a capacity of 40,000 tons per year, whereas the USA lithium mining project is under development.
To pursue the position of the leading Asian Greenovative group, Bangchak expands its investment in emerging energy innovation such as lithium, used in the manufacturing of batteries for electrical vehicles (EVs) and extending bio-based products to add value to its current biofuel products. In 2018 Bangchak set up four more venture-capital companies to engage or jointly invest in 10 domestic startup businesses, or both, promoted by the government along with a Singapore-formed subsidiary.