Global Energy Solutions Element Alpha SA is an independent oil trading firm founded in 2015. With its highly multi time frame forex cargo team, Element creates trading, logistical and financial solutions for its international supplier and customer base. The firm is operating from Geneva, Switzerland. Element sources, finances and delivers energy commodities globally.
The group is supported by a strong management team, with significant expertise in commodities trading, finance, risk managment and corporate governance. Element’s fundamental corporate values are closely tied to efficiency, social responsibility, honesty, morality and partnership. About us Element was founded by seasoned trading professionals in 2015. The team executes oil trades involving complex logistics between producers, refiners and consumers. Usage of sea-going vessels, river barges, rail and trucks as means of transportation.
WE SOURCE Reliable physical supply of high quality crude oil and refined oil products. WE TRANSPORT Creation of logistical solutions utilising a combination of sea-going tankers, storage terminals, river barges, rail-tank-cars and tank trucks. WE FINANCE Providing financing and risk management solutions to our suppliers and customers thereby enhancing their liquidity profile, operative stability and ability to grow. WE DELIVER Element is majority owned by its management and employees. The team focuses on the long-term success of the business model, promoting management depth and stability and encouraging prudent risk management. Nino Mendiburu founded Element Alpha SA together with Gregor von la Valette in 2015 and was CEO of Element Alpha SA until his re-location to the United States in October 2017 to run the firm’s US subsidiary’s activities.
Having founded Element Alpha SA together with Nino Mendiburu in 2015 and co-running the company as CFO for two years, Gregor was named CEO of Element Alpha’s global business in October 2017. Gregor brings significant experience in both commodity trading and corporate finance. Christoph has a long track record of serving in top management positions in first class international companies, such as Swiss International Airlines and Deutsche Bahn AG. Strategy Officer and Member of the Management Board contributing to the successful sale of SWISS to Deutsche Lufthansa AG. He is co-founder of Turgot Ventures AG, a venture capital firm investing in and helping build innovative early stage companies. Simon has over 25 years experience in the commodities industry having held senior management positions from an early stage. In 1995, he was General Manager of the Gerald Metals Hong Kong office after which he was promoted to become the General Manager of the Lausanne office in 2000.
Simon subsequently joined Trafigura Trading Shanghai in 2006 as manager of the Greater China business. In 2009, he came back to Europe as Trafigura’s Global Head of Refined Metals. Incorporation of Element Alpha SA in Geneva, Switzerland. Opening of office in Geneva, Switzerland. Expanded team and moved to bigger offices in Geneva, Switzerland.
We aim to provide our clients with an exceptional end-to-end service in various oil and oil products markets on a global basis. Trading The team is trading barrels of crude oil, condensate and refined oil products. Crude Oil Element aggregates and trades various niche crude oil grades and supplies them to its customer base on a global basis. Light-ends We are strategically developing our light-ends sourcing and blending activities in order to capture a growing demand among Element’s customer base.
Middle Distillates Middle distillates currently represent one of Element’s core businesses. We trade and store jet fuel, diesel and gasoil in various grades globally. Heavy-ends Element trades refinery feedstocks such as vacuum gasoil and straight-run fuel oil as well as finished grades for the bunker and power generation markets globally. L, position and credit exposure reports, daily reconciliation of derivatives positions, and daily monitoring of trading limits. These processes and controls are independently monitored by a non-commercial function. The physical portfolio of the Company is always hedged with derivative instruments and is therefore always market neutral. Element’s supply and sales contracts are for the vast majority denominated in USD.
Should any supply or sales contract be denominated in a different currency, the Company hedges the associated risk on the forex markets. All trades are carefully reviewed and are subject to the following process: – The trade ﬁnance team to pre-approve any trade idea brought by a trader and then present it to banks. The trader will then have to agree on the execution of the proposed physical trade with Management, prior to execution. Element has strong transactional bank facilities with a solid pool of 1st class banks accommodating BtB, FtB, and storage financing structures. Apart from smaller size prepayment agreements, ELEMENT’s exposure to performance risk is limited to a situation where a supplier would not comply with its contractual delivery obligations.
Storage is among the key vectors of our trading developments. Based on our transactional approach and local due diligence process, we have developed a diversified portfolio: in-land and floating storages, short and long term lease, multi products, among others. Our trading, operations and finance teams have brought on board decades of experience and an unquestioned expertise in most international markets. Logistics Element is specialized in entering into trades involving complex logistics of oil between producers, reﬁners and consumers. We deliver a superior service to our clients, thereby maintaining our competitive edge.