Three new Market Members join globalCOAL
LONDON AND SINGAPORE – 11 July 2012
Three new Market Members with diversified commodity businesses have joined the globalCOAL trading community.
Sinopec USA Inc. is a subsidiary of China Petroleum and Chemical Corporation (Sinopec Corp), an integrated energy and chemical company.
Huahai (Singapore) Pte Ltd is a wholly-owned subsidiary of China Arts Huahai Import & Export Corp. Ltd – a company specialising in the import and domestic sales of crude oil and petrochemicals to China and also involved in agricultural and other bulk commodities.
Freepoint Commodities Europe LLP is a physical commodity trading and marketing company focused on the natural gas, power, oil and coal markets.
“We are delighted to welcome yet more participants with experience of trading other energy markets to the globalCOAL trading platform,” says Eoghan Cunningham, CEO of globalCOAL. “It is encouraging to see these new members enter the coal arena to take advantage of new market opportunities.”
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