Trafigura

Trafigura Group Pte. Ltd.
Company typePrivate
IndustryCommodity
Founded1993
HeadquartersOcean Financial Centre, Singapore[1]
Area served
Worldwide
Key people
Jeremy Weir (CEO)[2]
ServicesCommodity trading/logistics
RevenueIncreaseUS$319 billion[3] (FY2022)
Increase US$7 billion[3] (FY2022)
Total assetsIncrease US$98.6 billion[4] (FY2022)
Total equityIncrease US$15 billion[3] (FY2022)
Number of employees
8,619 (2020)
SubsidiariesPuma Energy

Nyrstar

Galena Asset Management

Impala Terminals

Nala Renewables
Websitetrafigura.com

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.

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.

  1. ^ Bernhard Fischer: Wie sich die grösste Rohstoff-Firma der Welt neu erfindet. Handelszeitung, 21 December 2021, Retrieved 26 December 2021.
  2. ^ Trafigura on Craft.co
  3. ^ a b c "Trafigura more than doubles profit to new record in FY 2022". Reuters. 8 December 2022. Archived from the original on 14 July 2023.
  4. ^ "2022 Trafigura Annual Report". www.trafigura.com.
  5. ^ "Singapore-based Trafigura faces $766m loss after uncovering nickel fraud | The Straits Times". www.straitstimes.com. 9 February 2023. Retrieved 10 May 2023.
  6. ^ Cite error: The named reference guardian09 was invoked but never defined (see the help page).
  7. ^ Ball, James; Davies, Harries (23 July 2015). "UK authorities 'lack resources' to investigate Trafigura over toxic waste". TheGuardian.com. Archived from the original on 10 December 2016. Retrieved 13 December 2016.

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