Trafigura in bulk liquids tie-up
Multi-national commodity trader Trafigura has joined forces with bulk liquids trading firm Altis Group International LLC. Their newly formed joint venture incorporates Houston-based Altis Group and a second Singapore-incorporated entity that will have a branch office in Geneva
The tie-up is based on the expectation that the market for petrochemicals is expected to grow significantly over the next few years, making bulk liquid carriers a good investment