Widodo Ratanachaitong and his hard work in the establishment of his own company

Mr. Widodo Ratanachaithong made the organization in the year 2004 and from that point forward he tried various endeavors indefatigably over the achievement of the organization. Individuals who put such an extensive amount their endeavors in a few businesses dependably make these organizations stand like anything, in the same way Mr. Widodo abused the most hazardous industry and the best part is that he additionally gone through accomplishment with this venture of him. His endeavors are obvious from his development that has been occurring like anything.

Petroleum trade is important for several industries

As we all know the importance of petroleum and crude oil so it is necessary for many countries to trade these products where its availability is more. It can help both of them. The trading countries can earn and enhance the economic conditions of their country through trading.  And other countries help themselves by importing the products. Trade of crude oil in Singapore is the backbone of the country’s economy.

Petroleum trade is important for several industries and is of importance to the maintenance of business civilization and therefore, it is vital for several nations. Crude oil trade includes the processes of exploration, extraction, refining, transporting and selling the product. Crude oil is additionally used for several chemical products such as prescription drugs, solvents, pesticides and plastics. A famous trading company of Singapore is Kernel Oil Pte Ltd established by Widodo Ratanachaithong.

Kernel Oil deals with a wide range of products and crude oils

Kernel Oil deals with a wide range of products and crude oils which come from Persian Gulf, Mediterranean, Far East region, as well as West African grades. In its variety of products it offers natural gas liquids, gasoline, gas oil, base oil, asphalt, fuel and crude oil, condensate, naphtha, kerosene, lubricating oil, residue and gas. While always making an effort to provide the very best it has ensured its safe place as a leader among its competitors.The company permanently follows the latest innovations and exploits the technology to its maximum, so that it would achieve the highest quality in all four phases of oil industry: exploration, refining, production and distribution. Besides all that, it is a significant supplier of country’s energy needs while having a great positive impact on national capital.

The business rivalry in this sector has been constantly increasing due to the fact that the world crude production of oil has drastically grown over the past decade. It would’ve been even greater if the cost to enter into this oil cycle wasn’t very high while to stay in is even higher. It could easily be said that the actual quality chooses its competitors.Kernel Oil has proven its purpose many times. Even though it’s already well built and stable it is still improving while working hard every day to justify its name.

One of the main reasons Kernel Oil is a synonym for success is the fact that Mr. Ratanchaitong gives great importance and respect to the employees. Widodo Ratanachaithong is an example of how to build a healthy working atmosphere which will always pay out by giving a whole lot more in return. The ethical practices, strong communication and friendly ambiance among employees he insists on can easily be a cure for many companies that are going through economical and human crises.

Being surrounded by a good rivalry is an excellent motivational injection on a way to a much higher success you’re determined to achieve.

WIDODO RATANACHAITHONG

In terms of the petroleum segment of Singapore the name of Kernel Oil can never be disregarded. The name of the ambitious person who is likewise admirable for his most extreme achievement. Mr. Widodo Ratanachaithong is an identity who has led the pack in the whole petroleum part of Singapore. He has been performing extremely well from the very onset of his business and his exertion has made the business prosper at an unfathomable pace.

KNOWLEDGE TO KERNEL OIL

Mr. Widodo Ratanachaithong made the organization in the year 2004 and from that point forward he tried various endeavors indefatigably over the achievement of the organization. The organization bargains in offering barrels of raw petroleum broadly and globally and being the pioneer in the nation has the most noteworthy number of clients also. They have a colossal group who meets expectations day and night for the purpose of accomplishment in the business and to make it thrive day and night. The matter of the organization has been spread over various nations including the Middle East, Thailand and Australia. The wander began in the year 2004 from the Singapore yet with the progression of time turned into an across the board system. Nonetheless, now holder of the wander needs to make the brand also known as could be allowed in the whole world and to do that he has been attempting various endeavors day and night. He wishes to extend his business in different nations too and wishes to investigate however many markets as could reasonably be expected.

Being an insightful man Mr. Widodo has never been misusing the new advancements as keenly as could be allowed. He conceives that these advances need to be abused so that one may finish the motivation behind the foundation of the organization also. He additionally conceives that at present the oil part of the Singapore has no contender to offer to the Kernel Oil and the whole quality of the business sector is high.

Considering Porter’s Five Force models, he considers that the boundaries to section are high in the business sector. Who so ever will enter will need to make a high capital venture and achieving the economies of scale is additionally something totally unthinkable. At the point when there would be no economies of scale in the end an enormous load of expense will be there and covering it from the clients will dismiss from them. Then again, remembering this Mr. Widodo considers the position of Kernel Oil a secured one and discovers no danger to it. He considers his whole staff a benefit that has been working with him day and night for the thriving of the organization.

 CONCLUSION

Individuals who put such an extensive amount their endeavors in a few businesses dependably make these organizations stand like anything, in the same way this adolescent ambitious person abused the most hazardous industry and the best part is that he additionally gone through accomplishment with this venture of him. His endeavors are obvious from his development that has been occurring like anything.

Singapore-Oil Hub of Asia

Trade of crude oil in Singapore is the backbone of the country’s economy. Singapore is called as the “oil hub of Asia” and the oil industry is responsible for 5 % of the country’s gross domestic product (GDP).Technology used for oil refinement and commerce centres in Singapore is on the leading edge, and plenty of well-established crude oil businesses, like Exxon Mobil and Lanxess are based in Singapore due to the country’s “safe environment” and ideal commerce location.

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One of the biggest and well known Oil and Gas Companies in Singapore is Kernel Oil, which is Widodo Ratanachaithong’s establishment. The company finds itself at a secure state since there’s less or nearly zero risk of anyone taking a lead over Kernel Oil. The company produces the mandatory energy for the planet market, particularly for the national company. Kernel core activity is the commerce of fossil oil and its derivatives. The company handles varied product of fossil oil derived from the region, the Persian Gulf, the Mediterranean and geographic area. Its products are the hydrocarbon residue, petrol, gas, fuel oil, high speed diesel, naphtha.

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The corporate conjointly provides organic compound product, like gas, Polytam, benzene, sublimate terephthalic acid, up to paraxylene and different chemical product. Kernel Oil conjointly produces gas, like liquefied crude oil gas, ethane, and organic compound solvent and atmospheric phenomenon.

For non-fuel product, together with wax, slack wax, solvents, green coke, calcined coke, significant aromate, and sulphur. Long goal Kernel Oil is changing into a number one company of the energy offer chain, by upholding the values of integrity, honesty, knowledge, and talents. Kernel Oil is attempting to make a powerful name within the international market, expand client network, whereas maintaining a decent relationship with purchasers

Kernel Oil Widodo Ratanachaithong

Kernel Oil as the name suggests is incorporation with its headquarters in Singapore being established in the year 2006 is the development of Widodo Ratanchaithong a successful entrepreneur in the field of business. This personality has been dealing in the field of petroleum related products with an experience of many years and this experience and expertise on his part has made him take the lead among other traders of petroleum.

He has not only established the name of Kernel Oil in Singapore but he also has his subsidiaries in Australia, Indonesia and Thailand. He  has been exporting his petroleum products in several other countries too and also plans to make the name widespread throughout the world very soon. The Kernel Oil not only deals in the crude oil, in fact a number of other products like the natural gas, paraffin wax, green coke and several other lubricants are also being offered by the business.

Kernel Oil – Success That Pays Off!

The major matter that needs consideration in the context of the petroleum industry is that of environmental practices that are as per the regulations and do not harm any individual or environment. However, as per the records of the at Kernel Oil Widodo Ratanachaithong makes sure that these practices are being maintained by the company and a clear and concise environmental system has been maintained and overseen by the owner and managing director Widodo Ratanchaithong. He has maintained the entire system in a way that never crosses the boundaries defined by the environmental legislation and has also trained the staff in a relevant way to adhere by the policies.

Kernel Oil is an establishment that has been known widely for friendly and ethical practices, Widodo Ratanchaithong has always maintained a relationship of friendliness among his employees and a clear channel of communication as well. At Kernel Oil Widodo Ratanachaithong gives a lot of importance to the employees and that is the major cause of the utmost success as well.

Kernel Oil has always taken into account the best practices of conducting the business and till date keeps on making sufficient efforts as well to keep in line with the globally acceptable practices and at the same time matches up with the expectations of the customers as well. The company exploits the technology as well as operational opportunities and with the help of latest innovations has been able to take the lead among other competitors. They know it very well that they have created their monopoly in the petroleum sector of Singapore and there is a less or almost none of the chance for any competitor to evolve at this level. However, they believe that their extra ordinary investment in every context of the business will pay them off and this is definitely the case as well in the sector. In case of the petroleum industry the heavy investments and the legal and governmental legislations create a huge barrier and the companies might deter to enter in the league due to the fear of  being thrown out, however, knowing the fact the Kernel Oil has always showed its best and offers to be a pioneer.

Kernel Oil

The major components of the oil industry are exploration, production and refining, and distribution. We interviewed Mr Widodo Ratanachaitong of Kernel Oil Pte Ltd,and examined these components of the oil industry in the market.

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In the last ten years the world production of crude oil has been sharply increasing, especially in the Middle East. World oil production doubled several times, to a total of 2 billion tons.According to Porter’s five forces, the threat of new entrants in the industry is low because barriers to entry include high capital costs, economies of scale, distribution channels as well as complicated technologies and regulations.

On the other side, the business rivalry is very high because of the nature of the business. Mr Widodo Ratanachaitong of Kernel Oil Pte Ltd, “we establish competitive advantage through technological and operational efficiencies in the areas of network of suppliers and trading functions. In addition, our operational efficiencies are the main goals that make Kernel Oil Pte Ltd a profitable business.

We also support large number of jobs in the industry, contributing national capital and supplying a vast majority of the country’s energy needs”.

Kernel Oil commitment to Service

Customer Service Support at our organization is committed to providing

support in addressing all the needs of our customers.

Mr. Widodo Ratanachaitong, Managing Director, Kernel Oil Pte Ltd, is committed

to lay the foundations of excellent customer service from the beginning.

We do not subcontract any services support, we prefer to

puts you directly in touch with professional people, and

understand the quality of our products and services very well.

In Kernel Oil Pte Ltd, our commitment to you, our customers, are:

• Quick Response – We will listen to you to understand what

You want from our services. We aim to deliver the right

time, high quality services.

• Provide appropriate information – We want to provide the right information

in a way that is understandable. We want to make that clear guidance and

• Professional Approach – Our staff, guided by managing director Mr.

Widodo Ratanachaitong professional at all times and have the skills

Good and training to do their jobs well.

• Have a good attitude – We listen to the ideas to be adapted as

approach to meet customer needs. We assist in

meet regulatory requirements.

• Accuracy – Our work aims to obtain efficient results

desired. In addition, we opted out for ongoing communication

and provide feedback from customers, to help us in

develop suggestions and guiding us. This is a great advantage

in collecting and providing customer needs.

• Integrity – we will always do business with you ethically and

professional. This approach is very important for Kernel Oil Pte Ltd and

beneficial to both customers and employees.

The thriving nature of Kernel Oil Pte Ltd as a new entrant in the oil trading industry

The major components of the oil industry are exploration, production and refining,

and distribution. We interviewed Mr Widodo Ratanachaitong of Kernel Oil Pte

Ltd,and examined these components of the oil industry in the market. In the

last ten years the world production of crude oil has been sharply increasing,

especially in the Middle East. World oil production doubled several times, to a

total of 2 billion tons.

According to Porter’s five forces, the threat of new entrants in the industry is

low because barriers to entry include high capital costs, economies of scale,

distribution channels as well as complicated technologies and regulations.

On the other side, the business rivalry is very high because of the nature of

the business. Mr Widodo Ratanachaitong of Kernel Oil Pte Ltd, “we establish

competitive advantage through technological and operational efficiencies in the

areas of network of suppliers and trading functions. In addition, our operational

efficiencies are the main goals that make Kernel Oil Pte Ltd a profitable business.

We also support large number of jobs in the industry, contributing national capital

and supplying a vast majority of the country’s energy needs”.

Referring to many studies and forecasts, the oil industry will continue to require

a sustained flow of new skilled people entering the sector on and offshore to its

potentials set to be met.

As Mr Widodo Ratanachaitong implies, the balance of power is implying to

the buyers, as the oil today is a commodity and the prices and contract terms

are the terms that lead buyers to companies. Ideally, revenues and profits will

be growing consistently, with reference to Kernel Oil Pte Ltd as a company

entering the industry and making global awareness of its unique environmental

management, technical innovation and leading compound systems.

Widodo ratanachaitong Kernel Oil

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