Reducing Activities: company scaling back some business operations while continuing others

Wait Scaling Back

Trafigura Group Pte. Ltd. is a Singapore-incorporated multinational commodity trading company founded in 1993 that 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.

 
 
 

Reducing Activities: company scaling back some business operations while continuing others

Wait Scaling Back
Revenue(RF), mln.USD
7
Assets(RF), mln.USD
4
Capital(RF), mln.USD
3
Glob.Revenue, mln.USD
231000
Staff(RF), 2021
30
Taxes(RF), mln.USD
1

Commodity trader Trafigura Group is in talks to buy aluminum from United Co. Rusal International PJSC, highlighting its willingness to strike new deals with Russian companies even as its biggest rival balks.

The Company Statement
March 21, 2023

Freeze investments and stop purchasing crude oil from Rosneft from May 15. Following a review of options in respect of its 10 percent non-operational, passive shareholding in Vostok Oil, Trafigura has now exited its investment; maintain shareholding in Russia. Suspend all business activities indefinitely & exit Russia, but sells Russian oil.

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Statements Archive
April 05, 2023Russia's Sibur exports LPG to Africa, Middle East and Asia as EU cuts buying
February 27, 2023Trafigura Lines Up Russia Aluminum Deal in Challenge to Glencore
January 11, 2023Trafigura sells out of Russia-backed Indian refiner Nayara Energy
December 05, 2022Letter sent by B4Ukraine to the company and the response provided
August 26, 2022Trafigura Sells Russian Fuel to Ecuador as EU Ban Approaches
May 13, 2022Trafigura completes the exit of its investment in Vostok Oil
May 02, 2022Trafigura statement regarding the war in Ukraine
Demand to Leave Russia:Petition text has been copied to the clipboard.
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