Gasoline production, industrial solvent, plastics
Europe, Asia, Brazil
Products are mostly marketed to Petrochemical refers to a substance that is obtained by refining and/or processing petroleum or natural gas. Read more companies located in Europe, Asia and Brazil, as well as to companies active in gasoline reforming and blending in the ARA region, New York Harbor and U.S. Gulf Coast.
Gunvor is active in marketing the light Naphtha refers to a variety of volatile, highly flammable liquid hydrocarbon mixtures used mainly as solvents and diluents, as well as the raw material for conversion to gasoline. Reference: OECD <https://stats.oecd.org/glossary/detail.asp?ID=4614>... Read more produced by its Gunvor Petroleum Rotterdam unit, and has long-term agreements for storage in Rotterdam, from where it can trade.
In recent years, the naphtha desk has also developed its activity to the East of Suez, through Gunvor’s Singapore entity. When there is an Arbitrage refers to the practice of taking advantage of price differences between two or more markets or exchanges in order to generate profits. It involves buying an asset at a... Read more opportunity, Gunvor ships cargoes from Europe to Asia.
Gunvor has succeeded in positioning itself as one of the leaders in the arbitrage play for naphtha cargoes sourced from Europe.