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Carotech and Trafigura Enter Biodiesel Contract

EnergyCurrent.com reports that palm methyl ester producer Carotech Bhd signed a $55.6 million contract with Trafigura Beheer BV Amsterdam to export biodiesel to Europe and the States next year. Carotech agreed to supply 60,000-84,000 tonnes of CaroDiesel biodiesel to Trafigura each year.

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Carotech To Supply 50 Pct Of Its Biodiesel Capacity To Europe, US Via Trafigura

KUALA LUMPUR, Nov 13 (Bernama) — Carotech Bhd will supply over 50 percent of its palm biodiesel capacity to Europe and US starting January 2009 through its partnership with Trafigura Beheer BV Amsterdam. Managing director, David Ho, said under the agreement, the palm methyl-ester producer will supply Trafigura 60,000 to 84,000 metric tonnes of its biodiesel [...]

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JO - The European Commission needs to look at RIU

From my archive of press clippings: Jamaica Observer The European Commission needs to look at RIU Sunday, May 11, 2008 When allegations of bribery by Holland-based Trafigura Beheer surfaced, the Dutch Government elected to launch its own investigation, mindful that the European Commission has strong laws against transnationals corrupting local officials. We have no evidence that the

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Malaysia’s Carotech signs offtake agreement for up to 66 percent of output as palm biodiesel recovers

In Malaysia, Carotech has signed a $55 million export contract with the NetherlandsTrafigura Beheer for palm biodiesel. The deal represents more than 50 percent of Carotech’s capacity, and management noted that the Trafigura deal would provide a stable revenue outlook for the company’s lenders and investors. Carotech operates two biodiesel refineries in Perak that [...]

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JG - Crash Plus but no Vaz broken

... did not threaten the status quo.As we rightfully quarrelled over the inappropriate 'donation' from Trafigura, the 'unDutchable' firm, Cash Plus finally became known to the public. The news got out and government pensioners jumped in, risking paltry life savings. Redundant workers wagered severance pay and Granny and Mass sold cows to cash in on the rewards that the more affluent had received...

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Should America squeeze its own companies to squeeze Iran?

... gasoline from five firms “four of them European: the Swiss firm Vitol; the Swiss/Dutch firm Trafigura; the French firm Total; British Petroleum; and one Indian company, Reliance Industries”, he calls upon the Obama administration to insist that the Swiss, Dutch, French, British and Indian governments stop gasoline sales to Iran from their countries’ companies. (linkthanks Harsh Gupta ) In...

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British City trader killed by muggers on business trip in Switzerland

By Richard Edwards, Crime Correspondent Last Updated: 5:57PM GMT 12 Nov 2008 City trader Tom Lamb was on a regular business trip to Europe when he was killed. Photo: Enterprise News and Pictures Tom Lamb, 28, an international commodities trader, died from a single punch as he was mugged in the street in Lucerne. His employer, Trafigura, flew his parents to the Swiss city by private jet where...

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Orde F. Kittrie: How to Put the Squeeze on Iran

In recent months, Iran has, according to the respected trade publication International Oil Daily and other sources including the U.S. government, purchased nearly all of this gasoline from just five companies, four of them European: the Swiss firm Vitol; the Swiss/Dutch firm Trafigura; the French firm Total; British Petroleum; and one Indian company, Reliance Industries. If these companies stopped...

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Man killed in Switzerland mourned

In a statement the trader's employer said: "In his seven years with Trafigura, Tom had proved himself to be a highly valuable member of the team - both widely respected and very well-liked."

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Environment: Ivory Coast toxic waste scandal - justice has not been rendered

... down in the Ivorian toxic waste case. But they say justice has not been rendered because the Trafigura company that chartered the ship carrying the waste was not prosecuted and refused even to appear as a witness.Late Wednesday, an Ivorian court sentenced the director, Salomon Ugborugbo, of a local company to 20 years in prison in the case. It also sentenced an Ivorian shipping agent Desire...

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Two jailed over toxic waste dumping

... but defence lawyer Charles Mentennon criticised the decision not to put officials from Dutch-based Trafigura on trial. Many Ivorians blame Trafigura for the tragedy. Trafigura paid the Ivorian government £108m last year in part to help clean up the waste but maintains it was not liable for the incident. Soon after the payment, three Trafigura officials were freed from...

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Ivory Coast court jails 2 over toxic waste dumping

... but defense lawyer Charles Mentennon criticized the decision not to put officials from Dutch-based Trafigura on trial. Many Ivorians blame Trafigura for the tragedy.Trafigura paid the Ivorian government US$197 million last year in part to help clean up the waste but maintains it was not liable for the incident.Soon after the payment, three Trafigura officials were freed...

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Ivory Coast court jails 2 over toxic waste dumping

... but defense lawyer Charles Mentennon criticized the decision not to put officials from Dutch-based Trafigura on trial. Many Ivorians blame Trafigura for the tragedy.

Trafigura paid the Ivorian government US$197 million last year in part to help clean up the waste but maintains it was not liable for the incident.

Soon after the payment, three Trafigura officials...

+Vote!

Ivory Coast court jails 2 over toxic waste dumping

... but defense lawyer Charles Mentennon criticized the decision not to put officials from Dutch-based Trafigura on trial. Many Ivorians blame Trafigura for the tragedy.Trafigura paid the Ivorian government US$197 million last year in part to help clean up the waste but maintains it was not liable for the incident.Soon after the payment, three Trafigura officials were freed...

+Vote!

Ivory Coast court jails 2 over toxic waste dumping

... but defense lawyer Charles Mentennon criticized the decision not to put officials from Dutch-based Trafigura on trial. Many Ivorians blame Trafigura for the tragedy.Trafigura paid the Ivorian government US$197 million last year in part to help clean up the waste but maintains it was not liable for the incident.Soon after the payment, three Trafigura officials were freed...