Major miner and trader Glencore has entered an agreement with Corporacion G500 SAPI (G500) to create a platform, to be known as G500 Network, which will service around 12 percent of fuel stations in Mexico.
Glencore in a statement on Thursday said the joint venture will be developed in line with the liberalisation of retail prices in Mexico.
Formed in 2014, G500 is an association of service station owners, established in response to the deregulation of Mexico’s petroleum industry.
By Barbara Lewis
Source: Reuters
Craig Arnold is currently the Chief Commercial Officer at Ferroglobe PLC in Madrid, Spain. Prior to this appointment, he had a long-standing career at Dow Inc., where he held various senior management roles, including an Executive Secondment (from Dow Inc.) and Advisor to the CEO at the Alliance to End Plastic Waste (AEPW) in Singapore.
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