ChemChina (UK) Ltd. began operating recently.
ChemChina (UK) Ltd., a wholly owned subsidiary of ChemChina Petrochemical Co., Ltd., serves as a London-based trading platform that will effectively complement its sister company ChemChina (Singapore) Pte. Ltd. to build around-the-clock trading networks covering various fields. Engaged in crude oil trading, storage, crude oil and fuel oil shipping, and crude oil procurement for ChemChina’s refinery companies, ChemChina (UK) Ltd. has its businesses running in North America, South America, West Africa and the Mediterranean, developing collaboration with oil companies of the oil-producing countries, international energy giants and oil products companies across the world. Meanwhile, ChemChina (UK) Ltd. will also seek diversified development and expanding trading opportunities.