With a crude processing capacity of more than a million barrels a day, Singapore has been ranked the world's third largest oil refining centre since 1980s. The city State is now also emerging as the third biggest oil trading market in the world.
AP Oil International Limited, a company public listed on Singapore Stock Exchange, was formerly known as Huan Chew Oil Trading Pte Ltd, was incorporated in 1975 as a lubricant distributor. We ventured into manufacturing in 1981 and set up the first Singaporean-owned lubricant plant in the Republic.
Our second lube plant, Alpha Pacific Petroleum (S) Pte Ltd, was set up in 1988. This wholly-owned subsidiary has a private jetty capable of berthing vessels up to 3,000-mt and a storage terminal with a total capacity of about 5,000mt. Apart from manufacturing lubricants, we are also involved in wholesale and trading of base oils, additives and chemicals.
Two of our fully owned subsidiaries, A.I.M Chemical Industries Pte Ltd and GB Chemicals Pte Ltd are in the business of manufacturing specialty chemicals. A.I.M is specialise in providing toll blending and contract manufacturing services to MNCs. GB Chemicals is specialised in cleaning chemicals.
- Company has recently won a 5 years deal by SINOPEC Lubricants Co. to provide toll blending services.
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