sun resources profile
TRANSCRIPT
01
Sun Resources is a leading multinational company engaged in the supply
of agricultural commodities, oil & gas, coal, metals and minerals. Our
global coverage is vast and our operations extend across the energy value
chain, from production and mining right through to delivery to the end
user. Commencing our operations in 2007 we have grown exponentially,
both in terms of traded volumes and value.
With a strong presence in the Middle Eastern markets, we have been able
to, over the years, make significant inroads in Africa, Europe and Asia. Our
business model is driven by our commitment to providing comprehensive
end-to-end supply chain solutions to our clients. We source the best
product qualities with the most optimum pricing mechanisms.
Our unparalleled service ethos is testament to the fact that we have, in
place today, a number of contracts with multinational companies who
have chosen to make us their preferred partners, both on the supply and
demand side of the energy complex.
Aboutus
02
Sun Resources is strategically located covering Europe, Africa
and Asia. We operate in:
- United Kingdom
- United Arab Emirates
- India
- Indonesia
- Mauritius
- Tanzania
- South Africa
- Republic of Guinea – Bissau
Dar Al SalamJakarta
Bissau Dubai
Strategiclocations
Dar Al SalamJakarta
Bissau Dubai
03
Guidingprinciples
We are young and vibrant. We are a young company with a team of
professionals around the world, who are experts in their respective commodity
areas. Our youth enables us to be naturally acquisitive, and therefore, by
definition, ambitious. We continuously stretch our limits and challenge existing
norms but with the clear intention of protecting our partners’ interests while
growing ours.
We conduct our business with integrity. We take pride in conducting our
business with integrity. We compete vigorously, but do so fairly and ethically.
We provide the vital links for the success of your company. At Sun Resources
we work to enhance your productivity and profitability. Each service
complements the next, creating a value chain that guarantees our customers
access to reliable, top quality supplies.
We honor our business obligations. Our business relationships are grounded in
mutual trust. We build and maintain the trust and confidence of our customers
and business partners by communicating honestly, respecting information
entrusted to us, and standing behind our commitments.
We believe in business partnerships. Our partnership model is based on
collective responsibility. We form business partnerships based on fair and
mutually agreed objectives wherever in the world we are doing business.
We understand markets. At Sun Resources we pride ourselves in our
commitment to embracing the nuances, dynamics and unique sensitivities
of the commodities markets. We are careful to assess risk exposure on the
ground, in local markets – where we can see the real relationship between
cause and effect and its corresponding impact on demand and supply.
We are not speculators on absolute price movements. At Sun Resources we
do not expose ourselves, or our customers, to unnecessary risks. Instead, we
use our worldwide reach, local understanding and experience to anticipate
change, marshal resources and deliver innovative, effective and reliable
logistics solutions.
04
Guidingprinciples
Our business is organized around four major segments:
1. Agricultural commodities
2. Oil & gas
3. Coal and mineral products
4. Upstream investments
Agricultural commodities
Commodities keep the world going and being successful in this market
requires developing a broad access to a wide variety of suppliers, while
constantly improving product management. At Sun Resources, our market
savvy professionals work diligently within our network of suppliers and
transportation resources to achieve the best possible results, simplifying
customers needs.
Our agricultural commodities are sectioned into two main streams:
1. Grains & oilseeds
2. Fertilizers
05
Products /portfolio
Grains and oilseeds We are committed to providing high quality crops from a broad range of
premium producers. Our team draws upon its vast knowledge and experience
to gain direct access to major supply sources and obtain optimum crops.
The main bulk products that we handle are: wheat, maize, rice, raw cashew,
cocoa, soybean, sugar and edible oil.
FertilizersWith the acceleration of the global fertilizer trade, Sun Resources is able to
source and provide a large portfolio of quality organic and commercial
fertilizer products for customers at the best possible prices. Our shipping and
logistics team provides the strength and agility to ensure that our committed
supplies are delivered to our clients efficiently.
We strive to be a profitable supplier of quality fertilizers to meet the changing
needs of our valued customers.
Key fertilizer products in our portfolio include urea, potassium fertilizers, potash
minerals, mono ammonium phosphate (MAP), di-ammonium phosphate
(DAP 18-46) and binary compound fertilizer.
06
Agriculturalcommodities
A longstanding client of ours required a steady and reliable supply of rock
phosphate. We were tasked with the procurement of the product and its
delivery. Rock phosphate has the reputation of being a difficult commodity
to procure and tends to be mined only in a few countries around the world.
Having taken the client mandate, we found a reliable source of the product
in Cameroon. However, the supplier was located at a significant distance
from the port. Using the local knowledge and network that we have built over
time, we were able to secure surface transportation to transfer the product
from mine to port reliably and safely. Our supply of rock phosphate to this
one client stands at two and a half million tonnes annually.
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Agriculturalcommodities
CASE STUDY
At Sun Resources we understand the nature of the relationship between energy demand and supply. Our expertise enables us to see opportunities across oceans and geographical boundaries, and we have a strong established network that can rapidly adapt to changing circumstances and consistently place the right trades at the right time.
We have built on existing relationships with our energy industry partners and invested in new relationships and innovative contractual arrangements with suppliers, pipeline and storage operators in the energy sector. Our crude oil business is one of the fastest growing within the group, and our aspiration is to become one of the top 10 global crude oil traders over the course of the next few years.
We have long-standing relationships in every area of the business, from government producers and multinational oil companies to small and medium-sized producers, refiners and shippers. We have extensive and established operations in all the key hydrocarbon producing regions of the world including Nigeria, Angola, Russia, Libya and South America.
Our international customer base comprises of a wide variety of industries, ensuring we can facilitate any type of transaction from offtake and supply to refining, blending and strategic storage. This ensures we have a truly global presence.
08
Oil andgas
In recent years, the coal market has become increasingly liberalized, with new
grades of coal and pre-financing instruments creating a more sophisticated
environment and one that is ideally suited to Sun Resources’ experience and
expertise.
We cover a wide range of specific origins for both steam coal and mineral
products. We have a presence in every major mining region and are
successfully meeting the diverse needs of customers around the world.
With the support of our dedicated team, we complete every consignment
on time, from the mine to the end client. We export a wide variety of coal
and mineral products that are sourced from reputed suppliers. The sourced
products also go through stringent quality checks by independent third party
inspection agencies to ensure that the desired quality of coal and minerals is
procured and delivered.
The products we supply include coal, gold, zinc, manganese, aluminum,
copper, iron ore and rare earth metal. 09
Coal and mineral
products
The Indian power market is in its infancy. While trading volumes have grown
over the past few years, it still remains a highly regulated market with state
electricity boards fixing price tariffs through power purchase agreements.
India relies heavily on coal burn, so any upward movement in the price of
coal has significant repercussions on a thermal power producers profitability
given his inability to raise power prices correspondingly. This is especially true
for power producers who rely on imported coal. We recognized early on that
merely trading imported coal would not add incremental value either to our
business or to our client. We therefore took an ambitious step and acquired a
series of coal mines in Indonesia and South Africa. This served two purposes,
one, it created security of supply for our clients, in an uncertain market, two,
it provided us the flexibility to offer our client a wider range of pricing options
that helped him hedge his price risk optimally. Our coal supplies to clients
around the world are in excess of 15 million tonnes annually.
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Coal and mineral
products
CASE STUDY
At Sun Resources we have an in-depth understanding of the world’s mining
and natural resources markets and can react to changes in the marketplace
quickly and decisively. This knowledge and speed of response, combined with
our ability to move physical products, means that we are able to tolerate price
fluctuations, and manage risk, proactively and more efficiently.
Our strong network in the mining industry, globally and mainly in Africa, has
established Sun Resources as a preferred partner for natural resources supplies
across the Middle East, India and Asia.
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Mining and investments
Additionally, our goal is to grow through a series of acquisitions and investments
of new mining and energy properties. Our view is very clear, with the demand
for energy set to grow over time, our real value addition would be generated
through the ownership of asset. This would provide our clients the security of long
term supply and establish us as one of the leading fully integrated commodities
players globally. To this extent, we have identified a number of acquisition
targets and farm-in opportunities around the world.
Sun Resources directly invests in assets that are related to the group’s core
commodity trading activities. Teams of international and local specialists are
dedicated to the development and management of these investments.
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Mining and investments
Mauritius OfficeSun Resources
Office no. 3,
3rd Floor, Tower A
1 Cybercity, Ebene
Mauritius
Tel: +230 403 6000
Fax: +230 403 6060
London OfficeSun Resources (UK) Pvt Ltd
Klaco House,28-30 St
John’s Square, London
EC1M 4DN-United Kingdom.
Tel: +44 208 5460860
Fax: + 44 207 4904876
India OfficeSunresources General Trading Pvt Ltd
512 - 512 A, Tolstoy House,
15 - 17, Tolstoy Marg,
Connaught Place,
New Delhi - 110 001.
India.
Tel: +91 11 2345 3500
Fax: +91 11 2332 8410
Dubai Rep Office - Sun Resources, Office 318, Sheikh Hamdan Awards Complex, C-Block, Al Mina Road,
Dubai, UAE, Tel: +971 4 342 5901; Fax: +971 4 3425904, Email: [email protected]
www.sunresources.ae