Bangchak Corporation Public Company Limited
(Head Office) 2098 M Tower Building, 8th Floor, Sukhumvit Road, Phra Khanong Tai, Phra Khanong, Bangkok 10260 Thailand +66 2335 8888
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From a Renewable Energy Leader to a Future Energy Pioneer
In 1964, the Energy Department of the Ministry of Defence began operating an oil refinery in Bangchak Subdistrict, Phra Khanong District, Phra Nakhon Province. The operation was managed under a 15-year lease agreement with Summit Industrial Corporation (Panama). In 1982, the facility was renamed the Bangchak Military Refinery.
Later, in 1984, Bangchak Petroleum Company Limited was established to strengthen national energy security and help improve the quality of life in Thai society.
From oil refining, Bangchak expanded into the marketing business. In collaboration with
Sri Prachan Agricultural Cooperative in Suphan Buri Province, the company launched Thailand’s first “cooperative station” or “community service station” under the “Oil for Rice” initiative in 1990.
The program enabled farmers to access high-quality fuel at fair prices while receiving returns through the cooperative system. It became one of Thailand’s earliest models of community enterprise and has now expanded to more than 600 stations nationwide.
Meanwhile, Bangchak continued to pioneer new alternative energy initiatives. . In 2000, it provided critical support for a biodiesel production initiative within the Chitralada Royal Project in collaboration with the Royal Thai Naval Dockyard, laying the foundation for Thailand’s biofuel development. In 2006, the company began buying used cooking oil from communities and partner networks for biodiesel production, and in 2016, it expanded into ethanol production.
In 2025, Bangchak is opening a new chapter as Thailand’s first producer of Neat SAF, building on over 20 years of experience in collecting and transforming used cooking oil into biofuels. The company has established the country’s first stand-alone Neat SAF production unit at its Bangchak Phra Khanong Refinery, producing 100% SAF from used cooking oil and other alternative feedstocks. This effort supports the growth of Thailand’s Bio-Circular-Green (BCG) Economy.
The unit has an initial production capacity of 1 million litres per day. The production of 100% Neat SAF from used cooking oil and other alternative feedstocks consists of two main steps: feedstock pre-treatment and conversion using HEFA (Hydroprocessed Esters and Fatty Acids) technology. The entire process is certified under the International Sustainability and Carbon Certification (ISCC), covering all stages from raw material sourcing to production and logistics.
As the world faces a climate emergency, reducing emissions from aviation, one of the most carbon-intensive and hardest-to-abate sectors, has become a major challenge that requires long-term investment and collaboration. SAF is internationally recognized for its capacity to reduce greenhouse gas emissions by up to 80% compared to conventional jet fuel and has emerged as a key mechanism to reduce emissions in aviation effectively.
Bangchak has developed a sourcing mechanism for used cooking oil through its “Fry to Fly” program, which collects oil from households, restaurants, and food establishments nationwide. The program ensures the oil is properly and safely integrated into the SAF production process. It also helps remove reused oil from the food system, mitigating public health risks, while preventing improper disposal into waterways and promoting responsible waste management.
Additionally, Bangchak has partnered with both public and private sector organizations to promote SAF adoption through comprehensive collaboration, ranging from feedstock sourcing to production and application in aviation. These partnerships are helping to accelerate the country’s energy transition and support collective Net Zero goals.
The commencement of operations at the Neat SAF production unit marks not only a major step for Bangchak but also reflects the commitment of a Thai organization to develop energy responsibly, through experience, cooperation, and a deep understanding of the national context.
From the founding of its refinery in 1984 to this year’s SAF milestone, Bangchak’s 40-year journey into its fifth decade is not merely a story of business growth. It is a reflection of the company’s sincere commitment to advancing practical, community-driven, and forward-looking energy solutions for a world in transition.
