What Happened?
New York-based Transammonia hired Benjamin Tan as CIO.
About the Company
Transammonia is an international merchandising and trading company that markets, trades, distributes and transports ammonia, fertilizers, petrochemicals, liquified petroleum gases (LPG) and other commodities (including petroleum coke, coal and rice). The history of Transammonia spans more than 48 years. The company was formed in 1965 with the intention of specializing in the international trade of ammonia. In subsequent years other products were added: 1967 Worldwide fertilizer merchandising and trading. 1978 Worldwide LPG trading. 1985 Purchased Sea-3, Inc.; propane import and marketing terminal in New Hampshire, USA. 1986 U.S. domestic sulphur removal and marketing system. 1987 Petrochemicals merchandising and trading by the Trammochem division. 1989 Purchased Meredosia, Illinois, USA ammonia terminal. 1992 Established Joint Venture with Sinochem for entry into the Chinese fertilizer market. 1992 Acquired the largest capacity US Methanol plant from E.I. Dupont and renamed it Beaumont Methanol Corporation (BMC). Methanol marketed by Trammochem. 1995 LPG merchandising and trading in the USA. 1999 Sulphuric acid merchandising and trading. 2000 Sea-3 of Florida propane import and marketing terminal begins operation in Tampa, Florida, USA. 2000 Olefins merchandising and trading by the petrochemicals group. 2002 Trammo Petroleum begins operating in Houston, Texas, USA merchandising and trading crude oil and refined products. 2003 Trammo Petroleum enters into the domestic U.S. crude oil gathering and marketing business 2008 Established Trammochem Asia PTE in Singapore for merchandising and trading petrochemicals in Asia. 2009 Established Transammonia DMCC, a Dubai UAE company, for merchandising and trading in the Middle East. 2009 Established Transammonia Shanghai for domestic merchandising and trading in China. 2009 Petroleum Coke merchandising and trading by the Fertilizers & Commodities division. 2010 TA Bulk Carriers enters the commodity shipping business. 2011 Coal merchandising and trading by the Fertilizers & Commodities division. 2013 Recognizing the growth of its business and identity in the marketplace, Transammonia AG and Trammochem Asia Pte. Ltd. changed their respective names to Trammo AG and Trammo Pte. Ltd. and established separate Fertilizers & Commodities and Chemicals divisions within them. As part of the reorganization, Trammochem AG was merged into Trammo AG. 2013 Rice Merchandising and Trading by the Fertilizers & Commodities Division.
About the Person
Benjamin Tan previously held various technology roles in the chemical manufacturing industry.
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