TRIS Rating has affirmed the company rating of Bangchak Sriracha Public Company Limited (BSRC) at "A+", with a "Stable" outlook, maintaining the same "A+" rating for its senior unsecured debentures. The rating is aligned with that of Bangchak Corporation Public Company Limited (BCP) and reflects BSRC's strategic importance as a core subsidiary that plays a vital role in strengthening the overall competitiveness of the Bangchak Group.
TRIS Rating stated that BSRC holds a strong market position in Thailand's oil industry, supported by its integrated operations with BCP - including crude oil procurement, logistics management, and marketing under the "Bangchak" brand. The agency also expects the company's performance to recover and its leverage to decline over the next two years.
In addition, BSRC officially inaugurated its Very Large Crude Carrier (VLCC) berth at Bangchak Sriracha Refinery in Chonburi Province on 17 October 2025. This milestone marks a significant advancement in Thailand's energy logistics, enhancing efficiency in crude oil transportation and import management, reducing operational costs, and strengthening the Bangchak Group's competitiveness at the regional level.
The reaffirmation of "A+ / Stable" credit rating by TRIS Rating reflects confidence in Bangchak Sriracha's capabilities as a leading energy organization, committed to enhancing Thailand's energy competitiveness and driving sustainable progress in line with the global energy transition.
Metro Systems Corporation Honored with Sustainability Disclosure Award for Sixth Consecutive Year in 2025, Ranking Among Top 6 Listed Companies
PTTEP Continues Providing Support to Flood-Affected Communities in Songkhla Province
Generali Thailand Launches Global "HERE. NOW." Campaign Reinforcing a New Image of Being Present for Customers… Anytime, Anywhere
YouTrip Accelerates Regional Expansion with Australia Launch; Strengthens Position as Asia Pacific's Cross-Border Travel Payments Leader
CBRE Thailand Donates Funds and Essential Supplies to the Thai Red Cross Society to Support Southern Flood Victims
TPBI Wins "Highly Commended Supply Chain Management Award" at SET Awards 2025, Cementing Success of Circular Economy Model with Real-World Application
TPBI Reaffirms Stand on Transparency, Securing "Sustainability Disclosure Recognition" from Thaipat Institute for 3rd Consecutive Year
Ajinomoto Unveils 12 Special "Winning Meals" to Power Thai Athletes for the 2025 SEA Games and ASEAN Para Games
J&T Express Launches New EV Bike Driving the Logistics Industry Toward ESG Standards and Enhanced Green Operations