- Year Founded: 1993
- Key Founding Individuals: Claude Dauphin and Eric de Turckheim
- Key Executives: Claude Dauphin, Chairman; Jeremy Weir, CEO
- Traded Resources: Coal, iron ore, oil, copper, zinc concentrate, lead, alumina
- Operational Regions: Global
Trafigura Beheer BV is a Dutch multinational trading firm and the third largest private oil and metals trading company. The company trades in oil and other energy and base metals and has built or acquired stakes in several mines, pipelines, smelters, storage terminals, and ports. Operations include sourcing, storing, blending, and transporting raw materials that include non-ferrous metals like coal, iron refined petroleum products, and oil. The company's headquarters are located in Geneva and Amsterdam.
At first the company concentrated on three markets regionally, Africa for oil, Eastern Europe for metals, and South America for minerals and oil. Since its inception, Trafigura has expanded across the globe and diversified its services to operate in 36 countries from 65 offices. In 2013, Trafigura traded over 32.9 million metric tons of bulk and non-ferrous commodities. It is also involved in paper trading through Galena Asset Management, a subsidiary that was set up in 2003 to invest in commodity funds. In 2013, the company expanded operations by buying three medium-range crude oil tankers to supplement the existing six vessels. The order increased to include eight medium-range tankers by May. By the end of the year Trafigura Beheer BV’s fleet consisted of over 50 tankers and more than 30 bulkers at all times. The company continues to grow.
Company Mission and Vision
As one of the top commodity trading companies in the world, Trafigura Beheer BV leverages their experience to develop a responsible business. The company has the goal of becoming leaders in their field in managing corporate responsibility. The management board and shareholders of Trafigura support this commitment and know that it is important to earn and sustain a social license in many of the communities and countries the company is active in. As a company that specialises in the logistics behind transporting large volumes of polluting or potentially dangerous materials around the world, Trafigura takes a rigorous approach to risk management and operates to the highest standard.
Trafigura Beheer BV Responsibility Framework
The HSEC Policy and Business Principles contain the company’s approach to corporate responsibility. The policy commits Trafigura and all of its employees to the following:
• To conduct business in such a way that the environment is protected
• To promote the safety and health of its employees
• To act transparently with integrity
• To constructively engage with shareholders
• To comply with all HSEC regulations and legislation domestically and internationally
The principles are incorporated in the areas of:
• Health and safety
• Labour practices
• Human rights
• Community relations
Founders and Management
Trafigura Beheer BV was founded in 1993 by Calude Dauphin and Eric de Turckheim after a split from a group of companies controlled by Marc Rich. A small percentage of the company is owned by Dauphin and the rest is owned by senior members of staff.