Haldia Petrochemicals trading arm plans to scale up in Asia: Sources

HPL Global, the Singapore unit of India’s Haldia Petrochemicals, plans to boost its trade volume by 30% to up to 2 million metric tons and double the number of traders in 2026, two industry sources familiar with the matter said on Wednesday.

The Singapore trading arm, which is led by Chief Executive Officer Shailendra Srivastava, has hired four traders since launching in late 2023 to trade naphtha, gasoline blendstocks, and petrochemical products such as aromatics and olefins, one of the sources said.

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