Chevron renovating Caltex | Bangkok Post: business

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Chevron renovating Caltex

Chevron (Thailand) Co, one of Thailand's oldest oil traders, is hastening expansion of its Caltex service stations to take advantage of more cars on the road after the first-time buyer scheme.

‘‘We aim to add 100 Caltex service stations by 2015from about 400 at present,’’ says Mr Bendeck. Estimated annual investment cost is US$20-25 million to have an average of 30-35 new service stations developed annually over the next three years. SOMCHAI POOMLARD

''We aim to add 100 Caltex service stations by 2015 from about 400 at present,'' said Chevron country chairman and general manager Adrian Bendeck. ''Estimated annual investment cost is US$20-25 million to have an average of 30-35 new service stations developed annually over the next three years.''

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