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Trafigura
Trafigura Group Pte. Ltd. is a Singaporean-based multinational commodities company, 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 metal trader and second-largest oil trader having built or purchased stakes in pipelines, mines, smelters, ports and storage terminals. 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. 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) and the Iraq Oil-for-Food Scandal. History Trafigura Beheer BV was established as a private group of companies in 1993 by six founding partners: Claude Dauphin, Eric de Turckheim, Graham Sharp, Antonio Cometti, Daniel Posen and Mark Crandall. Initially focused on ...
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Richard Holtum
Trafigura Group Pte. Ltd. is a Singaporean-based multinational commodities company, 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 metal trader and second-largest oil trader having built or purchased stakes in pipelines, mines, smelters, ports and storage terminals. 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. 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) and the Iraq Oil-for-Food Scandal. History Trafigura Beheer BV was established as a private group of companies in 1993 by six founding partners: Claude Dauphin, Eric de Turckheim, Graham Sharp, Antonio Cometti, Daniel Posen and Mark Crandall. Initially focused on t ...
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2006 Côte D'Ivoire Toxic Waste Dump
The 2006 Ivory Coast toxic waste dump was a health crisis in Ivory Coast in which a ship registered in Panama, the ''Probo Koala'', chartered by the Singaporean-based oil and commodity shipping company Trafigura Beheer BV, offloaded toxic waste to an Ivorian waste handling company which disposed of it at the port of Abidjan. The local contractor, a company called Tommy, dumped the waste at 12 sites in and around the city in August 2006. The dumping, which took place against a backdrop of instability in Abidjan as a result of the country's first civil war, allegedly led to the death of 17 and 20 hospitalisations, with a further 26,000 people treated for symptoms of poisoning. In the days after the dumping, almost 100,000 Ivorians sought medical attention after Prime Minister Charles Konan Banny opened the hospitals and offered free healthcare to the capital's residents. Trafigura originally planned to dispose of the slops – which resulted from cleaning the vessel and contained ...
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Claude Dauphin (businessman)
Claude Dauphin (10 June 1951 – 30 September 2015) was a French billionaire businessman and executive chairman of Trafigura Beheer BV, a company specialising in commodity trading (oil, metals, ores). He was a founding partner of Trafigura and its CEO for a time. In March 2013, his net wealth was estimated at $1 billion by ''Forbes''. Dauphin died from cancer in a hospital in Bogota at the age of 64 after two-years with lung cancer. Early life Claude Dauphin was born on 10 June 1951 in Houlgate, Normandy in northern France. He went to school at the Ecole St. Laurent in Bayeux, leaving at 16 to work for his father's scrap metal business in Rocquancourt before moving to Paris to join the London Metal Exchange brokerage Brandeis Goldschmidt as a ferro-alloys trader. Career In 1977, he met Felix Posen, head of non-ferrous trading at the commodities trading firm Marc Rich + Co. Posen hired him to work at Marc Rich, where Dauphin's first post was in La Paz as country manager f ...
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Puma Energy
Puma Energy is a Switzerland, Swiss multinational corporation, multinational mid- and downstream oil company, majority-owned by Singapore-incorporated singaporean company Trafigura. Its operations span around 40 countries across five continents and encompass the supply, storage, refining, distribution, and retail of a range of petroleum products. The firm owns and operates more than 1,900 service stations and of oil storage facilities. The company employs over 3,500 staff and is headquartered in Singapore and Geneva with regional hubs in Johannesburg, San Juan, Puerto Rico, San Juan, Brisbane, and Tallinn. History The ''Puma'' brand was created in Argentina in 1929 by "Compañía General de Combustibles S.A." (CGC). CGC was founded in 1920 to transport and market crude oil and its by-products around the country. By the end of the decade, CGC was operating its own-brand service stations in Argentina under the Puma name. Between 1930 and 1996 Puma brand's profi ...
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TheGuardian
''The Guardian'' is a British daily newspaper. It was founded in Manchester in 1821 as ''The Manchester Guardian'' and changed its name in 1959, followed by a move to London. Along with its sister paper, '' The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust Limited. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in its journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 201 ...
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Jeremy Weir
Jeremy Weir (born 1964) is an Australian businessman, the CEO of Trafigura since March 2014, when he succeeded Claude Dauphin. Early life Weir was born in Melbourne, Australia in 1964. He has a bachelor's degree in geology from the University of Melbourne The University of Melbourne (colloquially known as Melbourne University) is a public university, public research university located in Melbourne, Australia. Founded in 1853, it is Australia's second oldest university and the oldest in the state ..., Australia. Career Weir worked for at N M Rothschild & Sons from 1992 to 2000, in Australia and London, and was responsible for commodity trading, marketing and their international metals derivatives business. Prior to becoming the CEO, Weir was head of mining and market risk. Since becoming CEO, Weir has made efforts to make Trafigura's operations more open to public scrutiny, and in April 2015 was the first Trafigura CEO to speak in public. References 1964 births L ...
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Marc Rich
Marc Rich (born Marcell David Reich; December 18, 1934 – June 26, 2013) was an international commodity, commodities Trader (finance), trader, financier, and businessman. He founded the commodities company Glencore, and was later indicted in the United States on federal charges of tax evasion, wire fraud, racketeering, and making petroleum industry in Iran, oil deals with Iran during the Iran hostage crisis. He fled to Switzerland at the time of the indictment and never returned to the United States. He received a widely criticized presidential pardon from President Bill Clinton, on Bill Clinton pardon controversy, his last day in office; Rich's ex-wife Denise had made large donations to the Democratic Party (United States), Democratic Party. Early life Rich was born in 1934 to a Jewish family in Antwerp, Belgium. In 1941 his parents emigrated with their son to the United States to escape the Nazism, Nazis. They traveled via Vichy France, Spain, Portugal, and the liner ''RMS Ebro ...
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Nyrstar
Nyrstar is an international producer of minerals and metals. It was founded in August 2007 and listed on the Euronext Brussels that October. Nyrstar has mining, smelting and other operations located in Europe, the United States and Australia and employs approximately 4,000 people. Its headquarters are in Budel-Dorplein, the Netherlands. Nyrstar’s operating business is wholly owned by Trafigura, an independent commodity trading and supply chain logistics company. Nyrstar was created in 2007 by combining the zinc smelting and alloying operations of Zinifex (an Australian mining company, now merged with Oxiana to form Oz Minerals) and Umicore (a Belgian materials technology company). Nyrstar was acquired by Trafigura in 2019.Trafigura Threat ...
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Thomas Galbraith, 2nd Baron Strathclyde
Thomas Galloway Dunlop du Roy de Blicquy Galbraith, 2nd Baron Strathclyde, (born 22 February 1960), known informally as Tom Strathclyde, is a British Conservative politician. Lord Strathclyde served in the political role of Leader of the House of Lords from the 2010 general election until January 2013 and as Chancellor of the Duchy of Lancaster, having been Leader of the Opposition in the House of Lords (1998–2010). As of 2025, he is the most recent hereditary peer to serve as Leader of the Lords. Biography Thomas Galbraith was born in Glasgow, the son of Conservative politician Tam Galbraith and his Belgian wife Simone du Roy de Blicquy. His father was MP for Glasgow Hillhead from 1948 until his death in 1982. Galbraith succeeded to the barony in 1985 at the age of 25, following the death of his grandfather Thomas Galbraith, 1st Baron Strathclyde. He contested the Merseyside East constituency in the 1984 European election. Education Galbraith was educated at Sussex H ...
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Commodity
In economics, a commodity is an economic goods, good, usually a resource, that specifically has full or substantial fungibility: that is, the Market (economics), market treats instances of the good as equivalent or nearly so with no regard to who Production (economics), produced them. The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot market, spot and derivative (finance), derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand, brand name) other than price. Most commodities are raw materials, basic resources, agriculture, agricultural, or mining products, such as iron ore, sugar, or grains like rice and wheat. Commodities can also be mass-produced unspecialized products such as chemical substance, chemicals and computer memory. Popular commodities include Petroleum, crude ...
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Gulen (municipality)
is a List of municipalities of Norway, municipality in the western part of Vestland Counties of Norway, county, Norway. It is part of the Districts of Norway, traditional district of Sogn. The administrative center of the municipality is the village of Eivindvik. Other villages in Gulen include Brekke (village), Brekke, Byrknes, Dalsøyra, Dingja, Instefjord, Mjømna, Rutledal, and Ytre Oppedal. The municipality of Gulen sits to the south of the Sognefjorden and it surrounds the Gulafjorden, which is considered to be the place where Norway's west-coastal Vikings met for the Gulating, a governing body. The area along the Gulafjorden called ''Flolid'' (just east of the village of Eivindvik) is now a national historic place, where an open-air theater and annual summer play commemorates the Vikings who gathered there 1000 years ago to accept Christianity. The municipality is the 190th largest by area out of the 356 municipalities in Norway. Gulen is the 265th most populous municip ...
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Norilsk Nickel
Norilsk Nickel (), or Nornickel, is a Russian nickel and palladium mining and smelting company. Its largest operations are located in the Norilsk–Talnakh area near the Yenisei River in the north of Siberia. It also has holdings in Nikel, Zapolyarny, and Monchegorsk on the Kola Peninsula, in Harjavalta in western Finland, and in South Africa. Headquartered in Moscow, Norilsk Nickel is the world's largest producer of refined nickel and the 11th largest copper producer. The company is listed on MICEX-RTS. As of March 2021, its key shareholders were Vladimir Potanin's Olderfrey Holdings Ltd (34.59%) and Oleg Deripaska's Rusal (27.82%). In December 2010, Norilsk Nickel made a share buyback offer for Rusal's 25% share in the company for $12 billion, but the offer was declined. In 2012, Potanin's Interros holding, Rusal, and Roman Abramovich signed a shareholder agreement on the size of dividend payouts to end a conflict over the matter, as well as issues around the company ...
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