Trafigura
Multinational commodity trading company / From Wikipedia, the free encyclopedia
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Trafigura is a multinational commodity trading company domiciled in Singapore[5] with major regional hubs in Geneva, Houston, Montevideo and Mumbai, founded in 1993. The company trades in base metals and energy. It is the world's largest private metals trader and second-largest oil trader having built or purchased stakes in pipelines, mines, smelters, ports and storage terminals.
Company type | Private |
---|---|
Industry | Commodity |
Founded | 1993 |
Headquarters | Ocean Financial Centre, Singapore[1] |
Area served | Worldwide |
Key people | Jeremy Weir (CEO)[2] |
Services | Commodity trading/logistics |
Revenue | US$319 billion[3] (FY2022) |
US$7 billion[3] (FY2022) | |
Total assets | US$98.6 billion[4] (FY2022) |
Total equity | US$15 billion[3] (FY2022) |
Number of employees | 8,619 (2020) |
Subsidiaries | Puma Energy
Galena Asset Management Impala Terminals Nala Renewables |
Website | trafigura.com |
Trafigura was formed by Claude Dauphin and Eric de Turckheim in 1993, but quickly split off from a group of companies managed by Marc Rich.[6]
Trafigura has been named or involved in several scandals, particularly the 2006 Ivory Coast toxic waste dump, which left up to 100,000 people with skin rashes, headaches and respiratory problems.[7] The company was also involved in the Iraq Oil-for-Food Scandal.