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Mabanaft Inc. established an international LPG trading desk

01.06.2007 - Hamburg:

Mabanaft Inc. the US subsidiary of the Mabanaft Group based in Houston started 1st June their trading activities with Liquified Petroleum Gas (LPG).

The new LPG trading activities are part of the global expansion strategy of Mabanaft. Beside their growth aspirations in sales volume and global presence the group is also focused on expanding their product portfolio.

The desk will be headed by Mr. William D. Ray who joined the trading team since beginning of June. William D Ray has been associated and involved in the international LPG business for over 30 years.

Mabanaft GmbH & Co. KG is the trading division of Marquard & Bahls AG, which is the largest privately owned oil company in Germany. As the leading independent importer and wholesaler in northwestern Europe, Mabanaft is responsible for maintaining constant market liquidity. At the international level, Mabanaft is active as a cargo and barge trader. The company is represented at various sites in Europe and on the East and Gulf Coasts of the United States.

For more information on Mabanaft Ltd. and Marquard & Bahls, please visit:
www.mabanaft.com and
www.mbholding.com

If you would like further information, please contact:

Mabanaft Inc.
William D. Ray
Vice President LPG Trading
Tel. +12814577902
Fax: +12814577971
15631 Jacintoport
Houston Texas 77015

 

B.V. Mabanaft
Jan-Willem van der Velden
Managing Director
Westerlaan 5
3016 CK Rotterdam
Tel. +31-10-4111 7044
Fax +31-10-4111 0753