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Sinopec is not a small company in China.
with such contract, I am sure more projects and contracts will come as it AP Oil establish their international profile.
ap oil has got a contract. any chances of it going up tomorrow
raymondyap, Proposed bonus issue - 1 for 4.
Books Closure, 5 June
thinking of investing into this counter because it is a laggard. Any comments?
1 share for every 4 shares held = 25% !!
some decent result out yesterday..... risk reword ratio look good....
Estimated Market Shares of Independent Lubricant Blenders and Marketers, 2001
|
Country*
|
Independent Blenders %
|
Independent Marketers %
|
Total Market Share of Independents %
|
|
Thailand (15)
|
37 |
8 |
45 |
|
Myanmar (0)
|
0 |
35 |
35 |
|
Indonesia (4)
|
4 |
28 |
32 |
|
Vietnam (6)
|
30 |
2 |
32 |
|
Philippines (13)
|
26 |
5 |
31 |
|
Cambodia (0)
|
2 |
25 |
27 |
|
Laos (0)
|
0 |
25 |
25 |
|
Malaysia (7)
|
8 |
10 |
18 |
|
Brunei (0)
|
0 |
15 |
15 |
|
Singapore (7)
|
5 |
7 |
12 |
* Number in parentheses is the number of independent lube blending plants with annual capacity over 2,000 metric tons.
Tackling quality issues of lubricants would definitely have a positive impact on the business environment of small independents.?
Source: Dr. Ho Leng Woon, AP Oil International Ltd., Singapore
AP Oil International Limited. The Group's principal activities are the manufacturing and trading of lubricants and specialty chemicals, lubricating oils and fluids for industrial, automotive and marine applications. Other activities include supply and trading of base oils and additives and providing toll-blending and contract manufacturing services for specialty chemicals for marine and industrial applications. It has three manufacturing plants in Singapore, two for manufacturing lubricants and one for specialty chemicals. Trading accounted for 45% of 2002 revenues; manufacturing, 24%; ,marine, 24% and franchising and outsourcing, 7%.