CHEVRON IN $200M LIFT
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Chevron (Thailand) Ltd, which has 370 Caltex-branded service stations, will invest about US$200 million (Bt6.3 billion) to add 50 newly imaged service stations per year for four years until 2021.
The company expects to finalise the first newly imaged flagship service station in Bangkok within the fourth quarter of this year.
Salman Saadat, country chairman of Chevron (Thailand), said that the company has targeted to have no less than 575 Caltex-branded service stations on main roads and major cities nationwide by 2021.
