CO2 Conference Rotterdam – 25 March 2019
Where is the price of CO2 heading?
Most industrial companies experience rising prices of energy. Also, prices of CO2 emission rights have doubled over the course of just one year. What are the risks for you as an industrial company and how do you implement these in your energy purchasing strategy? Richard Cornielje from KYOS and Tom Schurmans, Cargill will head a workshop about this topic.
CO2 Conference
The workshop of KYOS and Cargill will kick off of the CO2 Conference. It will take place Monday 25 March 2019 at LantarenVenster in Rotterdam, and is organized by Management Producties. Next to the workshop of KYOS and Cargill, there will be sessions about the energy transition, and other sources of green energy. Attached is the full program (on the right).
Workshop KYOS and Cargill
Founded in 1865 by William Wallace Cargill in Minnesota, USA who owned a grain warehouse. More than 150 year later, Cargill still has its head quarters there but now employs over 155,000 employees in 70 countries offering a wide array of goods and services. The company’s activities include importing, trading and processing grains and oilseeds; manufacturing animal food, and creating ingredients such as sugar and cocoa for the food and beverage industry. Financial risk management of commodity exposures is of vital importance at this still family-owned business.
Tom Schurmans will provide insight into some of the daily activities at Cargill, particularly on energy costs and risks. Cargill uses the KYOS’ Commodity Portfolio & Risk Management System. Together with Richard Cornielje he will show how Cargill employs the KYOS system in practice to manage exposures, physical flows, financial derivatives and residual risks. In addition, Richard will give practical examples of how a commodity portfolio and risk management system is essential for clarifying risks and calculating potential distribution of cash-flows. Moreover, having a good understanding of your cash-flow risks is crucial. With these insights, Procurement and Treasury are then able to select and execute the optimal hedging strategy.
CO2 Conference at a glance:
- Workshop KYOS and Cargill starts at 11.30, doors open at 11.00
- Speakers: Tom Schurmans, Sr. Group Specialist Energy Management, Cargill N.V., Richard Cornielje, Director Corporate Customers, KYOS B.V.
- Monday 25 March 2019
Please note that this presentation will be in Dutch. We hope to see you!
For more information and tickets: Program CO2 conference 2019