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Trafigura joins forces with Alcotra, a leading ethanol trading company

 

December 6th, 2007

 

Trafigura Beheer B.V., the international commodities trading company, today announces it has entered into an agreement with the shareholders of Alcotra S.A., a Swiss-based leading ethanol trading company. Under this agreement Trafigura and its affiliated companies will own a 35% stake in Alcotra.

 

This transaction reinforces Alcotra’s strong presence in the fuel ethanol global market through Trafigura’s world-wide presence and state of the art infrastructure. Trafigura will regroup its ethanol products activities within Alcotra, who shall become the exclusive supplier of fuel grade ethanol to Trafigura.

 

This alliance opens bright prospects for both companies to secure a leading position within the context of a growing ethanol market globally, given the increasing interest and use of alternative and more environmentally friendly fuels. In addition, the logistics synergies brought by this alliance will result in cost reductions and added value to Alcotra’s customers.

 

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For further information please contact:

 

Trafigura press office:  Tel: +44 207 009 1509

Alcotra press office:      Tel: +41 22 544 09 00

 

Notes to Editors

 

Alcotra

Alcotra is the world’s largest independent ethanol trading company with over 20% global market share.

 

The company has its main offices in Geneva and Rio de Janeiro and trades fuel, industrial and beverage ethanol grades on a world-wide basis.

 

It has developed a high level of expertise in supply, logistics, quality control and risk management.

 

Established in 1994, the company is owned and managed by its founding shareholders and senior management.

 

For more information, please visit www.alcotra.ch

 

 

Trafigura

Trafigura is one of the world’s leading international commodity traders, specialising in the oil, minerals and metals market, with 51 offices in 36 countries in Europe, Africa, Asia, Australia, and North, Central and South America. Its principle corporate offices are in Amsterdam, London and Lucerne.

 

Trafigura’s primary trading businesses are the supply and transport of crude oil, petroleum products, natural gas, liquefied natural gas, metals (including copper lead, zinc and aluminium) and metal ores and concentrates.

 

It is the world’s second largest independent non-ferrous trading company and the third largest independent oil trader.

 

Founded in 1993, the company is owned by its founding shareholders and senior management. It has achieved substantial growth in the last five years, growing turnover from US$ 9 billion in 2002 to US$ 45 billion in 2006.

 

For more information, please visit www.trafigura.com