2023-08-29 01:11:00
On August 29, reporters reported that the Facebook page BrandAge Online Post a message with an image. Closing of Esso pumps in Thailand Changed to Bangchak gas station, starting on September 1, stating that the last 3 days before Bye Bye P’ Suea. Gradually change the “Esso” gas station sign to “Bangchak” starting September 1st.
Closing down ‘Esso gas station’ in Thailand, changing signs to ‘Bangchak gas station’ nationwide at 2.1 thousand locations
After closing the deal to buy a tiger logo gas station “Esso” by “Bangchak” earlier this year. It acquired more than 65% of Esso’s shares from ExxonMobil. The initial purchase price is 55,500 million baht, what does Bangchak get from Esso? What Bangchak has been able to do is Approximately 700 gas stations will gradually change their signs from Esso to Bangchak within the next two years. Bangchak also has an oil refinery. depot network to increase oil refining capacity per day and provide more good sources of crude oil as well
Reporters reported that After the message was published Many netizens have expressed their opinions. Most of them were shocked by such news.
Previously Mr. Chaiwat Kovavisarach, Chief Executive Officer of Bangchak Group and President of Bangchak Corporation Plc. used to disclose the announcement of the purchase of shares of Esso (Thailand) Plc. from ExxonMobil and made a tender offer for all securities that This investment uses a total amount of 55,500 million baht to buy all 100% of the shares, initially buying 65.99% first, then buying more from the minority to complete. The assets that Bangchak will receive is an oil refinery with a refining capacity of 174,000 barrels per day. With a network of depots representing 7.4 million barrels of crude oil and more than 700 service stations across the country, Bangchak has a total refining capacity of 294,000 barrels per day, the highest in Thailand, enabling more integrated refinery operations. And make a network of more than 2,100 service stations and all of them will change the name from Esso pump. Be a Bangchak pump within 2 years.
Thank you for the information. Facebook page BrandAge Online
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