Bangchak lube eyes number three spot

The sale of lubricating products of Bangchak Petroleum Plc is growing continuously, with the current market share of 6.3%, thanks to its increasing distribution channels. According to Bangchak Vice President Yodpoj Wongrukmit, the company has a five percent market share. The company has set its target to become the third largest in the industry, by growing its market share to 12% in three years’ time. (September 20, 2010)