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Thu 3 Nov 2011, 16:42 GMT

Gulf Petrochem expands Asia team


New appointments form part of Gulf Petrochem's expansion strategy in Asia.

Gulf Petrochem Group has announced the appointment of three traders as part of its expansion strategy in Asia.

The three appointees are:

Chew Sung Kwang [pictured], Senior Bunker Trader for Gulf Petrochem Pte Ltd., Singapore

Swathi Reddy, Senior Manager, Bunker Sales, Gulf Petrochem FZC, Dubai, UAE and

Rajdeep Taiterway, Senior Bunker Trader, Gulf Petrochem Energy Pvt Ltd., Mumbai, India.

The newly-appointed traders have several years of experience and expertise in oil trading, business development, public relations, and sales and marketing.

Commenting on the news, Prerit Goel, Group Head, Supply & Trading, Gulf Petrochem Group, said: "Singapore, the UAE and India represent some of our top markets, which is why we are pursuing more synergies in these territories via our latest strategic appointments. Our new senior officials have the exceptional experience and skills necessary to drive our vision of becoming an integrated multinational energy firm driving global growth. We are confident that they will be able to exceed our expectations and sustain our status as a key player in the oil space."

Chew Sung Kwang is well versed in bunkering, fuel oil trading, shipping, risk management, public relations, sales, marketing and business development. He previously worked for Opet Trade Singapore Pte. Ltd. and was Regional Account Manager for Energy & Commodity (Asia) at Dow Jones Inc.. He has a Bachelor of Science Degree in Economics from the University of Oregon, USA.

Swathi Reddy has over 11 years of experience in business development, sales and marketing. Prior to joining Gulf Petrochem she was the sales manager for the bunker sales department of ZAD Fuel Co..

Rajdeep Taiterway has extensive experience in physical bunkering in both India and Africa. A former business development manager at Vinergy Djibouti International FZCO, Taiterway's professional knowledge ranges from oil pricing and supply requirement estimation to barge handling and bunker trading. He holds a Master's Degree in Oil Trading from the University of Petroleum & Energy Studies in India.

Since its inception in 1998, Gulf Petrochem Group has emerged as a USD 500 million company operating six strategic business units of oil trading & bunkering, oil refining, grease manufacturing, oil storage terminals, bitumen manufacturing, and shipping & logistics. The group has a 60,000-metric tonne facility in Sharjah capable of storing various grades of oils.

Gulf Petrochem's bulk shipments are serviced by three owned vessels with a combined capacity of 17,000 cubic metres.

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