Mabanaft Expands into Carbon Trading
In December 2009, Mabanaft expands its portfolio of trading activities to include the carbon-trading business. To position itself strategically in the global carbon market, Mabanaft B.V., its Rotterdam-based subsidiary, hires a team with experience in carbon trading. The international activities and global network of Mabanaft and Marquard & Bahls’ other subsidiaries will lead to good business opportunities that Mabanaft plans to exploit in conjunction with the new carbon-trading team. Mabanaft sees a lot of growth potential ahead for the new line of business.