 It expanded to Singapore in 2000 and Panama in 2003.In December 2009 commodities trader Glencore purchased a majority stake in Chemoil.In 2012 Glencore increased their stake to 89.04%.In February 2014, Glencore Xstrata announced plans to increase ownership to 100% and delist it from the SGX.Robert Chandran died January 7, 2008 from injuries sustained when a helicopter he was traveling in crashed in the Riau Province of Indonesia.On January 14, 2008, Chemoil announced that they appointed Clyde Michael Bandy as its chairman and chief executive officer with immediate effect.