About Company
Petropolymer International Trading LLC (PIT) is a company promoted with more than 3 decades of experience in the petrochemical commodity trading arena. Leveraging a strong network of business & financial partners spanning across the globe, the company specializes in trading a diverse range of crucial commodities including petrochemicals and crude products.
PIT stands out as a trusted partner due to its unwavering commitment to quality, a commitment that is made possible by its unique structure, solutions and penchant for innovations.
Headquartered in the UAE, the company enjoys the added advantage of high-tech infrastructure and proximity to major trading hubs in the MENA, CIS, and EU regions. This strategic positioning contributes to its effectiveness as a key player in the petrochemical commodity trading landscape, allowing it to provide top-notch services to its clients and partners.
Our Mission
Our purpose is to serve as a comprehensive marketplace and as a trusted partner for both producers & consumers. Through our expansive global network, we aim to facilitate the sourcing and distribution of petrochemical products, crude oil and derived products. Our commitment is to enhance the experience of our trading partners by offering transparency, price efficiency, & reliable delivery.
Our Values
At the heart of our business operations lie four fundamental core values that serve as sturdy pillars. These guiding principles not only define who we are as an organization but also shape our decisions and actions, creating a robust foundation for our organization. Upon this foundation, we have built our success and fostered meaningful partnerships.
Reach
Global Footprint
Physical Commodity Trading
With over three decades of experience of trading physical commodities, the PIT team is focused on trading petrochemicals.
The company transacts over ~1.0 million tons of petrochemicals & other petro-products, primarily Polymers and Petrochemicals. Additionally based on demand and supply also trades in ULSD10ppm, fuel oil, gasoline, and naphtha.
With our head office in the UAE, we engage with our partners in Europe, Egypt, South Korea, Malaysia, Indonesia, India, China, Turkey, Kazakhstan, Singapore, Nigeria, Angola, and Thailand.
Oil Products: 30% Petrochemicals: 70%
Shipping and Storage
- PIT excels in logistics and storage, leveraging a robust network of global partners. We pride in having partners that have supported us during challenging times and have thus established an extremely strong vessel fleet to support our operation.
- Our logistics partners are currently operating fully owned fleets of tanker vessels, bareboat charters, and time-based chartered vessels.
- Petropolymer has already secured financial arrangements and is constantly exploring the opportunity to acquired additional vessels.
- Storage is another key element to a successful trading model in the petrochemical industry. PIT prides in having secured long term storage options through its partners in key global trading hubs, such as the Middle East, China, Malaysia, Singapore and Europe.
Ship Size
Capacity (‘000 DWT)
Minimum Number of Ships under their Ownership
Medium Range
Aframax
Suezmax
VLCC
25 – 45
80 – 120
130 – 200
160 – 320
4
17
2
5
Partners
