Bangchac Case Study

Superior Essays
Apart from the production unit, flare stack is also a significant security device for the petroleum and petrochemical industries used for exhaust gas pressure (Flare Gas) from the production process, especially if the process fails. Despite the safety equipment necessary, to reduce the frequency and volume of vented gas flares out to the left, it will reduce the anxiety of neighboring communities. Therefore, the company plans to reduce the flare stack as well as improve it efficiently as reducing the impact caused by the use of flare stack both directly and indirectly as follows; (1) The gas produced from low-sulfur gasoline (Reformate Splitter Unit: RSU) released into the Hall burned continuously recycled as fuel in the production process, …show more content…
Sophon Suphaphong, the previous president of Bangchak (video series decade BCP has an opinion that, "Creating shared value between companies, customers, so-ciety and the environment is a culture that causes stability in both the short and long term. And be-lief that all things are not isolated, however, are related, therefore, to do business, has to take into account the elements around and doing business unethically, it is no different from robbery because of the exploitation of others." Thus, making the successful business in his view, it must not exploit society, but, be fair to society, including the environment (Culture and tradition). Apart from being responsible and fair to society, a good business are also required to have strengthen society to thrive a better quality of life in an ethical. He also supports competition freely as motivating manufactur-ers improvement to be able to survive in competition with rivals in the marketplace, which will al-low customers to consume quality products at reasonable prices with the performance of manage-ment and operation. He focuses on creating a stable and progressive concept of self-reliance, as well as the company 's creative culture by planting the employees to conduct themselves as good people, knowledgeable, and helpful to

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