Gunvor Group – Commodities Trading Services
About the Company:
Gunvor Group is one of the world’s largest independent commodities trading houses by turnover, creating logistics solutions that safely and efficiently move physical energy from where it is sourced and stored to where it is demanded most. With strategic investments in industrial infrastructure (refineries, pipelines, storage and terminals), Gunvor further generates sustainable value across the global supply chain for its customers.
About the Solution:
Gunvor’s Biofuel trading desk is active in the entire supply chain of carbon reduction in the fuel sector, including risk management and logistics. On a global basis, Gunvor sources a variety of feedstocks for the biofuel industry, such as vegetable oil, waste residues, and by-products, and then processes them to produce low CO2 - emitting biofuels. Gunvor operates several blending facilities in Asia, the United States and throughout Europe, where we prepare biofuels for end consumers across the world. Gunvor also trades CO2 tickets to complement the CO2 reduction strategy of the company.
To build on this record, Gunvor now commits to both further improve the environmental impact of its current trading portfolio and invest in new sustainable commodities and businesses. Decisions made will be done not only in response to their desire to uphold their position as a responsible company, but because Gunvor believes it is possible to do well by doing good. Therefore, steps must be taken today to effectively manage, limit, and where possible eliminate emissions. The commercial viability of sustainable sources of energy is also being increasingly realized. As new commodities enter and grow, Gunvor will be a part of ensuring a safe and efficient movement to help balance markets.
Solution Strengths, Weaknesses and Critical Indicators
NOTE: There are multiple technologies that are used as part of integrated manure management systems and yet are not manure management types on their own. The impact of these technologies on their own would be minimal or very difficult to quantify.
General Support & Other:
- Can be an integral part of many manure management systems
- Most projects have at least some equipment that supports operations of the main technology
- This technology is not evaluated on its own, the NEAT Matrix for this technology is neutral unless utilized with other technologies.
Newtrient will continue to work with Gunvor Group to further refine the cost and performance information as more information becomes available and as new commercial dairy installations come on line.
1. OPERATIONAL HISTORY