Wednesday, May 23, 2007

InterChem to Join U.S. Gasoline, Naphtha Trading, Plans to Hire in Houston

(Bloomberg) -- InterChem 2000 Group, a closely held
petrochemicals distributor, will start trading gasoline and
naphtha in the U.S. this year, said two people with knowledge of
the company's plans.

Gasoline trading and blending will begin in the second half,
with naphtha trading starting in the fourth quarter, said the
people, who declined to be identified because the plans are
confidential. Daniel Withers, a senior trader for gasoline
components at InterChem in Houston, declined to comment.


Read more at Bloomberg Energy News

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