Frank Jang, currently with KPIC Corporation, will join petrochemical traders Integra from September 2012, the company emailed the Blog on Monday.
Jang, currently manager for international trade-team 5 at KPIC, will be working alongside Integra's Asian traders as part of the Korean country team.
Tel Aviv will be the summer 2013 venue for EPL (European Petrochemical Luncheon), as reported in Sofia. Delegates received an email today from the EPL organisers, giving ample notice of the date as 20 June 2013, and soliciting responses by 1 July 2012.
Some bonus elements are offered. An organised tour to Jerusalem will be organised for the weekend after the EPL, and Gadiv will be sponsoring the EPL dinner on the Thursday evening.
Thanks to everyone at EPL in Sofia who asked why I
wasn't writing the Blog any more, and expressed regret when I explained that:
1) I have given it up and 2) I don't have the time and 3) I have a proper job
which takes up quite a lot of my time ...So here we are again, and the Sofia EPL on 13-15 June was really pretty good, with lots of sunshine after the dismal summer in northwest Europe, and everything was nice and cheap. From the hotel to the restaurants, coffees and taxis, everything was laughably inexpensive. I kept trying to pay for taxi fares with my 20 Lev note (10 GB pounds), but with typical fares of 3 Lev, taxi drivers kept refusing to take it. The service level everywhere was very high, with everyone charming and helpful, with good English and lots of smiles.
The flights were cheap but, unfortunately, some of those who came through Paris lost their luggage, and still had not had it back by the end of the EPL. The market mood was pretty bad too, and a number of aromatics traders were planning to join this week's ICIS Phenol Conference to look for ways into pastures new.
Most of our meetings were outside on the terrace, and there was time for a walk around the cobbled streets of the old city while most delegates were watching the Germany vs Netherlands match in the Euros on Wednesday evening.
The EPL dinner had a good turnout with 152 delegates, as you'd expect at a bargain €39 a head, and a perfectly short ten-minute speech about business in Bulgaria followed by some wild folk dancing featuring flags, flower garlands and some fetching pointy hats.
I spent my remaining lev (and stotinki) on some Bulgarian Delight (aka Turkish Delight) at the airport, which tastes like sweet rubber but seems pretty popular in the ICIS office.
Photos (the good ones are from Nel):
1 View of Sofia and mountains from hotel
2 EPL at the Hilton Hotel, Sofia
3 Meeting area on the hotel terrace
4 Sofia cathedral, Wednesday evening
5 EPL dinner entertainment, Thursday
Oil broker Starfuels has acquired petrochemical brokerage Excalibur, the Blog hears at the EPL in Sofia on 13-15 June 2012.
Starfuels, based in Nyon, Switzerland, is a new venture from the original owner and founders of Starsupply, which will be "a global brand of physical-orientated niche oil brokers," the company annoucned.
The acquisition of Rotterdam-based Excalibur Oil Brokerage BV, now the Petrochemicals Division of Starfuels BV, was announced at EPL by the Blog's old friend Kent Hurst, who will be continuing to broke petrochemical trades for the business.
