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Latest News from S&P Global Commodity Insights

Calumet's Montana Renewables sees RD output after turnaround ends in September
5 August 2022, 3:46 pm
Calumet Specialty Partners expects renewable production from its Montana Renewables facility in Great Falls, Montana, to begin within 60 to 70 days, CEO Todd Borgmann said on Aug. 5. A planned turnaround underway as of Aug. 5 to change out the hydrocracker catalyst will enable the facility to produce renewable diesel when it restarts in September, said Borgmann on the...
Three grains carriers sail from Ukraine's deep sea ports
5 August 2022, 1:04 pm
Three bulk grains carriers sailed from Ukraine's deep sea ports, Aug. 5, the first such ships to leave since Aug. 1 when the Razoni left Odessa and ended a five-month suspension in exports that had disrupted the global market for wheat and corn. That suspension -- a response to Russia's naval blockade and Ukraine's subsequent defensive mining of the waters...
Global food price index down 8.6% in July on tumbling cereal, vegoil prices: FAO
5 August 2022, 12:05 pm
Global food prices dipped 8.6% in July, falling for the fourth consecutive month after reaching a record high in March, the UN's Food and Agriculture Organization said Aug. 5. The FAO's food price index averaged 140.9 points in July, down 13.3 points from June -- the steepest monthly fall in index value since October 2008. The slump was led by...
Russia increases wheat export tax Rb593 to Rb5,220/mt for Aug. 10-16
5 August 2022, 11:52 am
Russia's agriculture ministry Aug. 5 set the variable export tax on wheat at Rb 5,219.6/mt ($85/mt) for Aug. 10-16, up Rb592.8 from the previous seven-day period. Russia's wheat sellers typically price their exports in dollars and procure wheat on the domestic market in rubles. That trade has recently become more complicated as a result of the ruble's volatility and the...
China's soy crushing rates hit year-to-date low in August as negative margins force run cuts
5 August 2022, 5:18 am
The operating rate at soybean crushing plants in China slumped to a year-to-date low of 53.5% at the start of August amid prolonged negative crush margins and replacement margins, prompting crushers to reduce soybean purchases and cut operating rates at plants, leading to a fall in soybean prices, market sources said Aug. 5 Over January-May, crushers were able to achieve...

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About Quest Group

Quest Group is a leading fertilizers, chemicals, steel and soft commodity products company with offices across the globe (Europe, Asia, Middle-East and Africa). Growing network of offices and partners allows Quest to fulfill its motto: ‘Think Globally, Act Locally’.

Quest’s products and services are geared towards serving its customers optimally. Its product portfolio is large and comprehensive consisting of fertilizers, grains, steel slabs and billets, plastics, aromatics, fiber intermediates, coke, alcohols, base oils, solvents, glycols and others. The supply chain and storage network has been developed as an efficient backbone supporting Quest’s strategy of achieving highest levels of customer satisfaction. The services team operates with similar focus and professionalism providing commodities trading services and financial solutions to customers.

Our Capabilities

Refining

Fully-owned refinery, which through a complex sequence of conversion processes converts oil into products and intermediates used in the manufacture of daily use items. Finished products include black oils, waste oils, mix hydrocarbon oil, condensate, light distillates and middle distillates.

Storage

Strategically located storage facilities provide strength to the manufacturing & trading processes. By storing vessel loads of feedstock, they enable Quest Group to serve customer demands in a timely manner.

Trading

Strong commodity trading team works round the clock to serve customers effectively.

Supply Chain & Logistics

Strong control on the supply chain ensures efficiency and predictability in delivery and minimizes product waste. This enables Quest Group to pass on cost savings to customers.

Consulting & Financial Services

A strong team of energy specialists located strategically across Quest’s Network are professionals dedicated to providing clients with tailor-made financial solutions to both producers and consumers of commodities.

Corporate & Environment Responsibility

At the operational level, Quest Group is dedicated to strict HSSE standards prioritizing HSSE over other considerations. At the organizational level, Quest Group is committed towards the welfare of the communities in which it operates. Committing employee time and financial resources to causes such as education are important to Quest.

News & Events

Quest Group participated as a diamond sponsor in the IFA Strategic Forum Dubai, 15-17 November 2021.
November 17, 2021

Quest Group Sulphur and Fertilizer team attended one of the major fertilizer conferences in China – BAIINFO on 26-28 February
February 26, 2019

During 23-26/02/2019 Quest Group team attended the biggest event in the oil and gas sector -IP week in London
February 23, 2019

Quest Group had the honor to sponsor the 53Rd EPCA Annual Meeting in Berlin
October 29, 2019