Trading in polymers involves sourcing and distribution of polymers. Trading companies work with suppliers and customers and rely on their distribution network to ensure timely delivery. Essentially, traders bridge the gap between producers and end-users and serve as an important link in the polymer supply chain. The success of a trading company depends on its ability to sell polymers at a competitive price, with the right quality and at the requested time. It necessitates in-depth understanding of the market in addition to product knowledge and the ability to provide accurate information and respond promptly to market needs.
Hanwa Co., Ltd is a Tokyo public listed company established in 1947. It has 6 main business divisions, with a sales turnover of more than USD 16 billion as of FY2014. It has more than 50 offices worldwide and more than 2,700 employees. Hanwa supplies a broad spectrum of products, including steel, non-ferrous metals, food, fuel, chemicals, lumber, machinery and many other items, to an equally diverse range of customers. The company is a trader in petroleum and chemical products and paper materials, and has several subsidiaries and sales bases in the U.S. and around Asia.
In an interview with Lekhraj Ghai of POLYMERUPDATE, Max Yong, Deputy General Manager - Chemical Department at Hanwa Singapore, summarizes the underlying patterns of polymer demand, explores logistical challenges and provides a fresh look at the polymer supply chain.
Interview of Max Yong (MY) with Lekhraj Ghai (LG):
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POLYMERUPDATE is an online destination for the plastics and petrochemical industry, which specializes in providing market-moving information and pricing data on petrochemical products and industrial polymers. Global players seeking polymer market
intelligence rely on the real-time news and price alerts provided on POLYMERUPDATE for making informed business-critical decisions. POLYMERUPDATE covers a whole spectrum of products such as Crude oil, Naphtha, Aromatics, Olefins, Polyolefins and Petrochemical Intermediates. With almost two decades of extensive experience in garnering and providing business-critical content, POLYMERUPDATE has expanded its readership to more than 60 countries in the world and its pricing methodology is considered as a benchmark across South Asia. POLYMERUPDATE interviews and articles are a rich source of information on the latest trends in the chemical and petrochemical industry.
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