Biodiesel marketer Targray has announced the opening of its EU biodiesel trading desk in Geneva, Switzerland as part of a broader investment plan to meet demand for low-carbon fuels in the EU.
Targray’s EU biofuels business will be led by biodiesel trader Vincent Cariou. Prior to joining the company in 2019, Vincent worked for nearly 10 years at agricultural commodities company Cargill, helping optimize procurement and logistics for biodiesel, vegetable oil and soybean meal customers in the European Union.
The Targray Biofuels Division is a major international supplier of bio-based fuels with an extensive network of rail cars and fuel terminals to serve fuel retailers, distributors, traders and transportation firms in the U.S. and Europe.