Commodities, the trading group started by former Glencore
International Plc aluminum trading boss Josef Bermann, has
changed its name to BlueQuest Resources after Bermanns
association with it ended.
"The new name reflects
an ownership change in the shareholding of the company. Josef
Bermann, former chairman and shareholder, is no longer
associated with the company," chief executive officer
José Kahn said in a letter to clients.
All other senior
management positions, and commercial and operational contacts,
will stay in place and all contracts will remain as before, he
Bermann set up JB
Commodities in 2004, in partnership with ex-Glencore employee
Michael Armbruester, formerly head of U.S. aluminum trading
amm.com, Jan. 21).
The company trades
nonferrous metals and concentrates, and has offices in Europe,
the United States, Brazil, Chile and China.
"The company will
continue to pursue the expansion of its business by building on
its proven and adaptable business model and by entering into
additional commodities, as well as geographic locations," Kahn
A version of this story was first published by AMM
sister publication Metal Bulletin.