TRAFIGURA

Trafigura Beheer BV is a Dutch multinational commodity trading company founded in 1993 trading in base metals and energy, including oil. In 2008, the company had equity of more than $2 billion and a turnover of $73 billion that generated $440 million of profit. By 2011, its revenue had increased to $121.5 billion and its profits to $1.11 billion. It operates from 55 offices in 36 countries. It is the world's third largest private oil and metals trader after Vitol and Glencore Xstrata. Trafigura was set up by Claude Dauphin and Eric de Turckheim. It split off from a group of companies managed by Marc Rich in 1993. Dauphin owns less than 20% of the company, with the rest owned by 500 senior staff.