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Who owns the chemoil?

It expanded to Singapore in 2000 and Panama in 2003.In December 2009 commodities trader Glencore purchased a majority stake in Chemoil.In 2012 Glencore increased their stake to 89.04%. In February 2014, Glencore Xstrata announced plans to increase ownership to 100% and delist it from the SGX.

What is Chemoil used for?

Chemoil Energy Limited is an oil trading company incorporated in Hong Kong and has its headquarters in Singapore. The company is amongst the largest independent physical suppliers of marine fuel products in the world.