Trafigura Jumps Into Chemicals Market with New Joint Venture

By Julia Payne LONDON, April 17 (Reuters) - Global commodities house Trafigura Group said on Wednesday it is entering petrochemicals trading by teaming up with Houston-based Altis Group International to take advantage of an expanding sector. Geneva-based Trafigura estimates the value of the global petrochemical market at $729 billion and growing. Oil majors have been … [Read more...]