(Notícia em Inglês)
Trading house ED&F Man has moved its palm oil and biodiesel operations from Singapore to Amsterdam, the firm said.
Both businesses will continue to trade and be integrated into the company's liquid products division in Amsterdam, Bram Evers, who will head palm trading, said in an email late on Sunday.
No other details were available from ED&F Man.
Trading house ED&F Man has moved its palm oil and biodiesel operations from Singapore to Amsterdam, the firm said.
Both businesses will continue to trade and be integrated into the company's liquid products division in Amsterdam, Bram Evers, who will head palm trading, said in an email late on Sunday.
No other details were available from ED&F Man.
"The basic business was on local Malaysian and Indonesian markets, and trading with CIF Amsterdam, but business is not profitable as many plantation companies and refiners have integrated trading operations," said a source with knowledge on the move. (Reporting by Michael Taylor and Niluksi Koswanage; Editing by Ramthan Hussain)
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