APIC '08: Petrochem set for Singapore BTX trading

28 May 2008 05:55  [Source: ICIS news]

SINGAPORE (ICIS news)--Dubai-based Petrochem Middle East, a key distributor of aromatics, is on track to launch its Singapore trading unit on 15 July, said a company source late on Tuesday.

Speaking in the sidelines of the Asian Petrochemical Industry Conference (APIC), he said that the Singapore office would have a formal opening on 15 July, with trading of key aromatics slated to start from second-half of July. 

"We are interested in trading BTX {benzene, toluene, xylenes], and we plan to work with the majors on spot formula basis with assured volumes," he said.

Petrochem has been trading in the Middle East followed by India for the past nine years, he added.

ICIS and The Chemical Daily have produced an official, 84-page special publication on Asian petrochemicals for the APIC event
To discuss issues facing the chemicals industry go to ICIS connect

By: Mahua Chakravarty
+65 6780 4359

< previous article(ICIS Podcast: Chemical News Central 2 November 2009)

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly