Bangchak Group at APPEC 2026 in Singapore

Bangchak Group joined more than 1,200 policymakers, senior executives, industry experts and technology developers from 55 countries at the 42nd Asia Pacific Petroleum Conference (APPEC 2026) in Singapore, organized by S&P Global Energy. As an event sponsor, the Group contributed to discussions on the outlook for Asia-Pacific oil markets, shifts in global supply and the future of the energy transition.

In an Executive Interview with Mr. Rob Westervelt, Head of Content at S&P Global Energy Events, Mr. Chaiwat Kovavisarach, Group Chief Executive Officer and President of Bangchak Corporation Public Company Limited, shared his perspective on running an energy business at a time when volatility has become the norm. The real challenge, he said, is not getting every market call right. It is building a business that can continue to source, process and deliver energy when the unexpected happens. For Bangchak Group, this means connecting its energy resources and two refineries with trading, logistics and risk management, so it can adjust supply and delivery as conditions change. Investment in core businesses and low-carbon energy is also not an either-or choice. Both are needed to secure today’s energy supply and create options for the future.

Mr. Chaiwat was also interviewed by Mr. Mayank Maheshwari, Equity Analyst, Morgan Stanley Asia (Singapore) Pte., for Morgan Stanley’s internal media under the theme “In Conversation with the CEO,” covering fuel market conditions, government policy, the global refining outlook and Bangchak Group’s capital allocation.

Mr. Bundit Hansapaiboon, President, Refinery and Marketing Business Group, Bangchak Corporation Plc., delivered a keynote presentation on “Asia Refining Outlook – Capacity, Competition, and Margins.” He said competitive refineries need to manage the full value chain - from diversifying crude supply and improving efficiency and asset utilization to linking trading with logistics and adapting products to market demand. They must do so while balancing energy security, affordable prices and environmental sustainability. Mr. Bundit also showed how existing refinery infrastructure can be used to produce future fuels. Bangchak’s facility can switch between sustainable aviation fuel (SAF) and hydrotreated vegetable oil (HVO) based on market demand, using the existing logistics system.

The Group also showcased its low-carbon products at the event, particularly SAF and HVO. Both drew strong interest, reflecting rising demand for low-carbon fuels in aviation, transportation and hard-to-abate industries.

During the same week, Mrs. Gloyta Nathalang, Senior Executive Vice President, Sustainability Management and Corporate Communications, Bangchak Corporation Plc., joined a panel at IFFW Singapore Brief 2026, organized by International Future Fuels Week, on “Building Bankable Future Fuel Markets Across Asia-Pacific.” The discussion underscored the importance of feedstock management. Panelists noted that market forces alone will not scale SAF and other low-carbon fuels to the level required. Clear policies, blending mandates and long-term offtake agreements are needed to create demand certainty and make projects bankable. Infrastructure is another major gap: the value chain must work as one connected system, from feedstock through to fuel use.

Bangchak Group’s participation in APPEC 2026 and IFFW Singapore Brief 2026 reflected its focus on Energy Security and Resiliency alongside the development of low-carbon fuels. This brings together capabilities across energy resources, refining, trading and logistics, infrastructure, technology and markets to meet today’s energy needs and support the longer-term energy transition.