FORTREC CHEMICALS AND PETROLEUM PTE LTD
Awards and Recognition:
2026
Company details
CEO/Director’s Name
Ajay Bhattacharya
Designation
Managing Director
Address
391A Orchard Road, #23-01,
Ngee Ann City Tower A,
Singapore 238873
391A Orchard Road, #23-01, Ngee Ann City Tower A, Singapore 238873
Website
Founded in 1999, Fortrec Chemicals and Petroleum Pte Ltd is a Singapore-based petrochemical trading and asset optimisation company serving customers across more than 15 international markets, including Southeast Asia, the United States, India, Korea, Taiwan and Europe.
Over the past 27 years, Fortrec has evolved from a conventional trading company into a trusted strategic partner providing integrated solutions across the petrochemical value chain.
Backed by strong industry relationships, deep technical expertise and an unwavering commitment to responsible business practices, the company continues to create value for both its customers and the environment.
What differentiates Fortrec from competitors is its ability to deliver integrated, end-to-end solutions that extend beyond conventional petrochemical trading.
Through Fortrec’s proprietary F.R.A.M.E. framework – Finance, Raw Material Sourcing, Advanced Logistics, Marketing and Engineering – the company provides customers with tailored commercial, technical and financial solutions that optimise operations, enhance asset utilisation and create long-term value.
Fortrec’s Asset Utilisation Programmes (AUP) and Asset Enhancement Programmes (AEP) enable industrial partners to maximise the value of underutilised resources, improve operational efficiency and reduce waste.
This consultative approach, together with long-standing partnerships with leading global petrochemical companies, has earned Fortrec a reputation as a reliable and innovative partner rather than just another commodity trader.
Receiving the SME100 Award is a significant milestone in Fortrec's journey. It is an acknowledgement of the dedication, resilience and professionalism of our entire team, who have worked tirelessly to build a business founded on integrity, innovation and long-term partnerships.
Over the past 27 years, Fortrec has evolved from a conventional trading company into a trusted strategic partner providing integrated solutions across the petrochemical value chain.
Backed by strong industry relationships, deep technical expertise and an unwavering commitment to responsible business practices, the company continues to create value for both its customers and the environment.
What differentiates Fortrec from competitors is its ability to deliver integrated, end-to-end solutions that extend beyond conventional petrochemical trading.
Through Fortrec’s proprietary F.R.A.M.E. framework – Finance, Raw Material Sourcing, Advanced Logistics, Marketing and Engineering – the company provides customers with tailored commercial, technical and financial solutions that optimise operations, enhance asset utilisation and create long-term value.
Fortrec’s Asset Utilisation Programmes (AUP) and Asset Enhancement Programmes (AEP) enable industrial partners to maximise the value of underutilised resources, improve operational efficiency and reduce waste.
This consultative approach, together with long-standing partnerships with leading global petrochemical companies, has earned Fortrec a reputation as a reliable and innovative partner rather than just another commodity trader.
Receiving the SME100 Award is a significant milestone in Fortrec's journey. It is an acknowledgement of the dedication, resilience and professionalism of our entire team, who have worked tirelessly to build a business founded on integrity, innovation and long-term partnerships.
The award validates the company’s strategic direction and reinforces the confidence that its customers, suppliers, financial institutions and business partners over the years. More importantly, it motivates the company to continue raising its standards as it expand the global footprint and contribute meaningfully to the industries it serves.
At the same time, innovation has always been central to Fortrec's growth strategy. The company constantly challenges conventional practices by uncovering hidden value where others see constraints and transform it into commercial opportunities.
The culture at Fortrec encourages experimentation, continuous learning and collaboration with customers and industry partners to develop new applications, optimise supply chains and improve operational efficiencies.
“As market demands evolve, we continue to diversify into specialised products such as naphthalene depleted heavy aromatics while positioning ourselves to participate in emerging sectors including low-carbon fuels, biofuels and sustainable shipping energy.
“The establishment of our Switzerland office further strengthens our international presence and positions us to seize new opportunities in global energy markets,” said managing director Ajay Bhattacharya.
Moreover, Ajay said that sustainability has always been embedded within Fortrec’s business model. For more than 27 years, the company has championed the repurposing of refinery bottoms and heavy aromatic streams that might otherwise have been incinerated.
“Every tonne of material that is successfully repurposed helps our industry partners avoid approximately three tonnes of carbon dioxide emissions. Collectively, our efforts have facilitated the avoidance of approximately four million tonnes of carbon emissions over the lifetime of the company.
“This achievement reflects our belief that commercial success and environmental responsibility can go hand in hand. Looking ahead, we remain committed to expanding our sustainable product portfolio, supporting the global energy transition and working closely with customers to reduce their environmental footprint,” Ajay continued.
He also assured that Fortrec will continue investing in responsible business practices, strengthening the company’s ESG initiatives and creating long-term value for its stakeholders and the communities.
At the same time, innovation has always been central to Fortrec's growth strategy. The company constantly challenges conventional practices by uncovering hidden value where others see constraints and transform it into commercial opportunities.
The culture at Fortrec encourages experimentation, continuous learning and collaboration with customers and industry partners to develop new applications, optimise supply chains and improve operational efficiencies.
“As market demands evolve, we continue to diversify into specialised products such as naphthalene depleted heavy aromatics while positioning ourselves to participate in emerging sectors including low-carbon fuels, biofuels and sustainable shipping energy.
“The establishment of our Switzerland office further strengthens our international presence and positions us to seize new opportunities in global energy markets,” said managing director Ajay Bhattacharya.
Moreover, Ajay said that sustainability has always been embedded within Fortrec’s business model. For more than 27 years, the company has championed the repurposing of refinery bottoms and heavy aromatic streams that might otherwise have been incinerated.
“Every tonne of material that is successfully repurposed helps our industry partners avoid approximately three tonnes of carbon dioxide emissions. Collectively, our efforts have facilitated the avoidance of approximately four million tonnes of carbon emissions over the lifetime of the company.
“This achievement reflects our belief that commercial success and environmental responsibility can go hand in hand. Looking ahead, we remain committed to expanding our sustainable product portfolio, supporting the global energy transition and working closely with customers to reduce their environmental footprint,” Ajay continued.
He also assured that Fortrec will continue investing in responsible business practices, strengthening the company’s ESG initiatives and creating long-term value for its stakeholders and the communities.
