Hong Kong ,June 30,2026…Bangchak Corporation Public Company Limited has successfully completed the acquisition of 100% of the shares of Chevron Hong Kong Limited (CHK) from Chevron Companies (Greater China) Limited (CCGC). The transaction was completed on 30 June 2026, and the company has been renamed Bangchak Hong Kong (BHK). The acquisition marks another significant milestone in Bangchak Group’s regional expansion strategy and strengthens its trading and commercial presence in North Asia.
Chaiwat Kovavisarach, Group Chief Executive Officer and President, Bangchak Corporation Public Company Limited, said the acquisition aligns with the Group’s long-term growth strategy. As one of Asia’s leading financial, trading, maritime, and aviation hubs, Hong Kong offers a strategic platform for regional expansion.
With its well-established retail, trading, and marine fuels businesses, Bangchak Hong Kong will strengthen the Group’s international presence while creating opportunities to develop bio-based products and lower-carbon energy solutions in response to evolving market demand and commercial opportunities.
“This acquisition marks another important milestone in Bangchak Group’s regional growth. Bangchak Hong Kong will serve as our trading and commercial hub in North Asia, connecting its retail, trading, and marine fuels businesses with Bangchak Group’s broader network. It will further strengthen our position as an energy trader with an expanding international footprint while supporting the continued growth of our businesses in global markets.”
SD Perspectives | Thailand’s Sustainability & Business Strategy Media
SD Perspectives delivers news and analysis on ESG, Nature & Biodiversity, Sustainable Finance, Business Strategy, and DEI—helping Thai leaders, investors, and organizations understand emerging risks, opportunities, and the changing direction of global business.
