Glencore just bought a huge stake in this company. I smell a buyout very soon.
Glencore International AG is one of the world's largest suppliers of a wide range of commodities and raw materials to industrial consumers. Our commercial counterparts are both producers and industrial consumers. Our role is to be a reliable and competitive partner to businesses in the segments of the market which we serve and to support these businesses as they expand and develop.
Our customers around the world, in industries such as automotive, power generation, steel production and food processing, rely upon our established global network of operations as a source of Metals and Minerals, Crude Oil and Oil Products, Coal and Agricultural Products.
These commodities originate either from Glencore's directly or indirectly owned production assets, or are secured by Glencore from third parties, or they benefit from the refining, processing or marketing expertise of Glencore.
Glencore is a privately held company owned by its management and employees. Headquartered in Baar, Switzerland, in our marketing operations Glencore directly or indirectly employs over 2,000 people worldwide in some 50 offices in over 40 countries. In our industrial operations Glencore directly or indirectly employs over 60,000 people in 17 plants in 12 countries.
Posts: 4381 | From: houston | Registered: Mar 2006
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