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Reuters SG
MOVES-China's newest refiner Yulong hires ex-PetroChina trading exec as Singapore GM
China's newest refiner and petrochemical producer Yulong Petrochemical Corp has hired a former trading executive of state major PetroChina as general manager for its newly-established Singapore trading unit, according to five persons familiar with the matter. Xia Hongwei, a veteran with PetroChina's trading vehicle PetroChina International (PCI) who served as the managing director of PCI's Singapore operation for nearly 20 years till late 2019, was hired by Yulong to lead the refiner's oil and petrochemicals trading business in Singapore.