Trafigura Case Study

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Trafigura is a private Dutch multinational, commodity, trading company, Claude Dauphin and Eric De Turckheim founded Trafigura in 1993. Now Claude Dauphin chairman and CEO is the last remaining founder in an executive position and owns less than 20% of the company 's equity. The remainder is owned by the companies 700 senior managers as well as stockholders, Trafigura directly employs 8000 people through a network of 167 agencies in 58 states.
Trafigura, sources stores, blends and delivers essential raw materials and goods. The company distributes and markets oil, minerals and metals. It provides crude oil, petroleum products, liquefied natural gases as well as minerals such as copper, led zinc, aluminum, iron ore and coal. This company sells its products through approximately 1,500 retail stores in Europe, the Americas, Asia, Africa …show more content…

Between March and June 2006, three loads of 28,000 tons of Coker Naphtha were put on board Probo Koala, a cargo ship owned by Trafigura. Caustic soda and other chemicals are used to clean the Coker Naphtha to make it into gasoline. This process of cleaning the Coker Naphtha produced 500 tons of toxic waste. Later Trafigura was facing a problem of how to safely dispose of all this toxic material. Amsterdam Port Services, a Dutch waste management company agreed to treat and dispose of the waste. While the company was transferring the waste, a foul smell was released onto the city. The company decided to check into the product that they were going to deal with. Amsterdam Port Services discovered that the toxic waste was much more polluted than they thought, which required a more complicated and time consuming treatment. The company wanted more money to treat the toxic waste, but Trafigura did not want to pay the asking price. This left Trafigura with no company to dispose of their toxic

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