Mr. Bandhit Thamprajamchit, Chief Executive Officer and President of Thai Oil Public Company Limited, recently received the prestigious award "Thailand Top CEO of the Year 2024" in the energy industry category from H.E. Mr. Nurak Marpraneet, a Privy Councillor. This award, presented by Business+ magazine in collaboration with the Faculty of Commerce and Accountancy, Thammasat University, recognises exceptional leadership that steers a company to excellence while highlighting the significance of all stakeholders amidst today's global challenges. The reception took place at the Grand Ballroom, InterContinental, Bangkok.
Thaioil is Thailand’s largest refinery and supplier of petroleum products. Founded in 1961, it operates one of the most efficient refineries in the Asia Pacific with a current capacity of 275,000 barrels per day. Thaioil adheres to the principle of Operational Excellence, functioning as an integrated group of businesses in oil refinery, petrochemicals, and lube base oil, with supporting businesses such as power generation, solvents, logistics, renewable energy generation, LAB (an intermediate in surfactant production), pipeline transportation, petrochemical products, and New S-Curve initiatives. Thaioil leads the Thai refinery industry through a well-planned and integrated production process, yielding optimum efficiency. Its products are of high quality, rated in the top quartile of refineries in the Asia Pacific, with lower production costs, giving Thaioil a recognised competitive advantage.