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The Bangchak Petroleum Pcl.
2536 PM Prem’s Administration transferred military-owned oil refinery business (Bangchak)  once managed by Panama’s company to the hands of Thais 1  April BCP established Went public   The Bangchak Petroleum Pcl. ปี 2538 2540 2546 2548 2528 New refinery unit (REBUILT) capable of 120,000 barrels/day built  Owned more than 1,000 stations, 500 of which are community stations Marketing activities for social benefits  Adopted PQI system & aimed for  leader in alternative energy
Shareholders’ Structure As of 5th July 2005 73.8% 18.5% 7.7%
Business Lines MARKETING BUSINESS  (60%) REFINERY  BUSINESS  (100%) INDUSTRIAL  MARKETING 1,149 Service Station ( Include CO-OP 544 station) RETAIL MARKETING Wholesale  C ustomers (10%) Hydroskimming Refinery 120  KBD + PTT Plc. (30%)
Revenue Structure Oil’s Products Non - Oil’s Products 92% 8% Retail Customer  (Service Stations) PTT Plc.  Industrial Customers Wholesale  C ustomers
[object Object],[object Object],[object Object],Current Situation Others
MACRO ANALYSIS S ocial : Awareness in environmental concern, clean energy and safety P E L T olitical :  Government  s upport and  o il  p rice  control policy   conomics :   Fluctuating oil price & exchange rate   Inflation rate, interest rate and CPI GDP and auto industry’s growth rate  egal :   Safety and environment-related laws Gas station business-related laws echnology :   Technology advancement in alternative energy   Technology advancement in auto industry
INDUSTRY ANALYSIS Internal Rivalry  : One-Stop Service Location Promotion & Ads. Substitute Goods NGVs, BioFuel ,Mass Transit ,Other Natural Energy Suppliers   Limited Source of  Ethanol & Crude Oil Customers Customers’ Mindset Barrier of New Entry   Large Amount of Capital   HIGH HIGH Moderate HIGH Moderate
[object Object],[object Object],[object Object],[object Object],COMPETITOR ANALYSIS Superior Inferior ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
COMPETITOR ANALYSIS Superior Inferior ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
COMPANY ANALYSIS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
COMPANY ANALYSIS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Market Analysis and customer behavior
[object Object],ที่มา  :  กรมธุรกิจพลังงาน   ,[object Object],Main factors for changing demand and consumption 1.  Oil Price 2.  Car Consumption 3.  GDP, Inflation Rate ,  Interest Rate, and Economy 4.  Laws and policies of government  5. Substitute Energy such as NGV Demand Analysis Growth  4.6 %  6.0%  7.6%  8.4%  -2.1 %
Growth  7.6%  8.4%  -2.1%  -0.8%  -1.1%  -1.1% ที่มา  :  กรมธุรกิจพลังงาน   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Demand Forecasting 2549-2551 Demand of Total market
[object Object],[object Object],ที่มา  :  กรมธุรกิจพลังงาน   Bangchak’s Sales Analysis Growth  3.4 %  5.2%  -0.9%   8.0%  -0.1 %
ML Quantity of Gasohol sold 2547 2546 2548 Gasohol Sale Vol. 2   ML 39  ML 242   ML 1209 664 545 39 170 77 17 203 Total  2,935 The Bangchak Petroleum Plc. Number of stations selling Gasohol Service stations and sales ที่มา :  กรมธุรกิจพลังงาน
The Bangchak Petroleum Plc. Sales of Benzene oil Sales   GSH  /  Market share Total  6,573.2  M.L. Total 675  M.L. ที่มา :  สำนักการค้าและสำรองน้ำมันเชื้อเพลิง 2548 0.2 1.3 2.2 14.9 0.6 3.9 0.3 6.9 10.6 137 242 257.5 Sales (M.L.) 1.0 0.0 อื่นๆ 1.6 20.4 35.8 38.2 Market share  (%)
Market Growth rate High Relative Share  High Gasohol Benzene Diesel Bio-diesel Mini-mart/non-oil Boston Consultant Group: BCG o   Cash cow  :  Maintain & Rebranding o  Star  :  Upgrading & Rebranding Growth strategies o  Question mark  :  New marketing concept o  Dog  :  Diversify / Divestment Relative Share  Low Market Growth rate Low
STP strategy: Market Segmentation    18 – 25  year   : Young Driver Segmentation by age      26 – 35  year   : Mature Driver    36 – 45  year   : Middle - aged Driver    46  year up   : Senior Driver
STP Strategy : Target group Young driver 18-25 year,  environment conscious, Income  10,000-25,000 baht, Student or  Graduated Secondary ,[object Object],Primary
Customer Satisfaction Level: High Service level: high Service level: low Customer Satisfaction Level: High ที่มา บริษัท เอคอร์น มาร์เก็ตติ้ง แอนด์ รีเสิร์ช คอนซัลแทนส์ จำกัด STP strategy:   Market Positioning "Goal" "Current"
VISION To become a leading Thai company specializing in energy exploitation that generates sustainable profit in long run, while maintains concern for environment and society by our professional management, good governance and highly capable human resource.  MISSION To become the leader of substitute energy
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],ที่มา  :  กรมธุรกิจพลังงาน   Bangchak’s sales Forecast Growth  -0.9%   8.%  -0.1%   11.4%  11.7%  13.0%
[object Object],[object Object],[object Object],Bangchak’s sales Forecast (cont) 1,100 stations Target share 2549
Action plan Improve  Gasohol 91,95  by changing their   a dditive s Oil quality improvement Improve  Biodiesel B5  Improve Biodiesel B100
Action plan ,[object Object],[object Object],Service quality improvement Intelligent purchase system
Action Plan Part of Repositioning strategy, focusing on stations inbound and suburb Renovate the atmosphere of stations “ Garden Station ”  Project
“ Relax Spot ”  Project Action Plan ,[object Object],[object Object],[object Object]
Action Plan ,[object Object],[object Object],Partner collaboration Improve Non-Oil business
Action Plan ,[object Object],[object Object],Sales Promotion ,[object Object]
“ Bangchak Boy ”  Project Action Plan 1.   Reposition brand emphasizing continuous development and more intimate customer relation 2.   Present 3 key messages about Bangchak which are…
“ Bangchak Boy ”  Project Action Plan “ Thai-owned ” “ Environmental concern ” “ quality oil and service ”
“ Bangchak Boy ”  Project Action Plan เรื่องเล่าเช้านี้ ,  ถึงลูกถึงคน ,  ชิงร้อยชิงล้าน ,  เจาะใจ , itv hotnews Green Wave,  จส  100 , EZ FM ไทยรัฐ Pantip.com
“ Bangchak Boy ”  Project Action Plan Increase visibility by hanging  “ Bangchak Boy” balloon
“ One Park from Home ”  Project Action Plan Apply the concept of   Wal-mart Neighborhood Market to  “ Baichak ”  convenience store, aiming for value-added
“ One Park from Home ”  Project Action Plan BCP becomes customers’ “One Park from Home”, saving time for further shopping at supermarkets
Action Plan Green Wave,  จส  100 , EZ FM “ One Park from Home ”  Project เรื่องเล่าเช้านี้ ,  ถึงลูกถึงคน ,  ชิงร้อยชิงล้าน ,  เจาะใจ , itv hotnews
Organization, Implementation and Control NEW ,[object Object],[object Object],[object Object],Yearly ,[object Object],[object Object],[object Object],Quarterly ,[object Object],[object Object],[object Object],[object Object],Monthly ,[object Object],Weekly Monitoring/Control  Period Marketing division Bio-Fuel Diesel/Benzene Non-Oil Customer Service
Profit & Loss 2006 Estimate  ยอดขายโต  11 .4% =96,000  ล้านบาท ( รวม   non-oil  ด้วย ) COG 94% = 90,240  ล้านบาท Other expense 3.5%  เพราะต้องนำเงินไปพัฒนาสินค้าใหม่ / ทำการตลาดเพิ่ม รวม  3,360  ล้านบาท Ebit = 2400 MB

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Bangchak Presentation Final Version2

  • 2. 2536 PM Prem’s Administration transferred military-owned oil refinery business (Bangchak) once managed by Panama’s company to the hands of Thais 1 April BCP established Went public The Bangchak Petroleum Pcl. ปี 2538 2540 2546 2548 2528 New refinery unit (REBUILT) capable of 120,000 barrels/day built Owned more than 1,000 stations, 500 of which are community stations Marketing activities for social benefits Adopted PQI system & aimed for leader in alternative energy
  • 3. Shareholders’ Structure As of 5th July 2005 73.8% 18.5% 7.7%
  • 4. Business Lines MARKETING BUSINESS (60%) REFINERY BUSINESS (100%) INDUSTRIAL MARKETING 1,149 Service Station ( Include CO-OP 544 station) RETAIL MARKETING Wholesale C ustomers (10%) Hydroskimming Refinery 120 KBD + PTT Plc. (30%)
  • 5. Revenue Structure Oil’s Products Non - Oil’s Products 92% 8% Retail Customer (Service Stations) PTT Plc. Industrial Customers Wholesale C ustomers
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  • 7. MACRO ANALYSIS S ocial : Awareness in environmental concern, clean energy and safety P E L T olitical : Government s upport and o il p rice control policy conomics : Fluctuating oil price & exchange rate Inflation rate, interest rate and CPI GDP and auto industry’s growth rate egal : Safety and environment-related laws Gas station business-related laws echnology : Technology advancement in alternative energy Technology advancement in auto industry
  • 8. INDUSTRY ANALYSIS Internal Rivalry : One-Stop Service Location Promotion & Ads. Substitute Goods NGVs, BioFuel ,Mass Transit ,Other Natural Energy Suppliers Limited Source of Ethanol & Crude Oil Customers Customers’ Mindset Barrier of New Entry Large Amount of Capital HIGH HIGH Moderate HIGH Moderate
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  • 13. Market Analysis and customer behavior
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  • 17. ML Quantity of Gasohol sold 2547 2546 2548 Gasohol Sale Vol. 2 ML 39 ML 242 ML 1209 664 545 39 170 77 17 203 Total 2,935 The Bangchak Petroleum Plc. Number of stations selling Gasohol Service stations and sales ที่มา : กรมธุรกิจพลังงาน
  • 18. The Bangchak Petroleum Plc. Sales of Benzene oil Sales GSH / Market share Total 6,573.2 M.L. Total 675 M.L. ที่มา : สำนักการค้าและสำรองน้ำมันเชื้อเพลิง 2548 0.2 1.3 2.2 14.9 0.6 3.9 0.3 6.9 10.6 137 242 257.5 Sales (M.L.) 1.0 0.0 อื่นๆ 1.6 20.4 35.8 38.2 Market share (%)
  • 19. Market Growth rate High Relative Share High Gasohol Benzene Diesel Bio-diesel Mini-mart/non-oil Boston Consultant Group: BCG o Cash cow : Maintain & Rebranding o Star : Upgrading & Rebranding Growth strategies o Question mark : New marketing concept o Dog : Diversify / Divestment Relative Share Low Market Growth rate Low
  • 20. STP strategy: Market Segmentation  18 – 25 year : Young Driver Segmentation by age  26 – 35 year : Mature Driver  36 – 45 year : Middle - aged Driver  46 year up : Senior Driver
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  • 22. Customer Satisfaction Level: High Service level: high Service level: low Customer Satisfaction Level: High ที่มา บริษัท เอคอร์น มาร์เก็ตติ้ง แอนด์ รีเสิร์ช คอนซัลแทนส์ จำกัด STP strategy: Market Positioning "Goal" "Current"
  • 23. VISION To become a leading Thai company specializing in energy exploitation that generates sustainable profit in long run, while maintains concern for environment and society by our professional management, good governance and highly capable human resource. MISSION To become the leader of substitute energy
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  • 26. Action plan Improve Gasohol 91,95 by changing their a dditive s Oil quality improvement Improve Biodiesel B5 Improve Biodiesel B100
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  • 28. Action Plan Part of Repositioning strategy, focusing on stations inbound and suburb Renovate the atmosphere of stations “ Garden Station ” Project
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  • 32. “ Bangchak Boy ” Project Action Plan 1. Reposition brand emphasizing continuous development and more intimate customer relation 2. Present 3 key messages about Bangchak which are…
  • 33. “ Bangchak Boy ” Project Action Plan “ Thai-owned ” “ Environmental concern ” “ quality oil and service ”
  • 34. “ Bangchak Boy ” Project Action Plan เรื่องเล่าเช้านี้ , ถึงลูกถึงคน , ชิงร้อยชิงล้าน , เจาะใจ , itv hotnews Green Wave, จส 100 , EZ FM ไทยรัฐ Pantip.com
  • 35. “ Bangchak Boy ” Project Action Plan Increase visibility by hanging “ Bangchak Boy” balloon
  • 36. “ One Park from Home ” Project Action Plan Apply the concept of Wal-mart Neighborhood Market to “ Baichak ” convenience store, aiming for value-added
  • 37. “ One Park from Home ” Project Action Plan BCP becomes customers’ “One Park from Home”, saving time for further shopping at supermarkets
  • 38. Action Plan Green Wave, จส 100 , EZ FM “ One Park from Home ” Project เรื่องเล่าเช้านี้ , ถึงลูกถึงคน , ชิงร้อยชิงล้าน , เจาะใจ , itv hotnews
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  • 40. Profit & Loss 2006 Estimate ยอดขายโต 11 .4% =96,000 ล้านบาท ( รวม non-oil ด้วย ) COG 94% = 90,240 ล้านบาท Other expense 3.5% เพราะต้องนำเงินไปพัฒนาสินค้าใหม่ / ทำการตลาดเพิ่ม รวม 3,360 ล้านบาท Ebit = 2400 MB