28 - 29 May 2020 GRAND HOTEL KRASNAPOLSKY, DAM 9, … · The market finds itself in a key period of...

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28 - 29 May 2020 GRAND HOTEL KRASNAPOLSKY, DAM 9, AMSTERDAM, THE NETHERLANDS

Transcript of 28 - 29 May 2020 GRAND HOTEL KRASNAPOLSKY, DAM 9, … · The market finds itself in a key period of...

28 - 29 May 2020GRAND HOTEL KRASNAPOLSKY, DAM 9, AMSTERDAM, THE NETHERLANDS

PARTNERS

SPONSORS

SUPPORTER

IN ASSOCIATION WITH

Thank you to our Sponsors

Thomas Schirmier, RBI

Best commodity finance conference and networking platform in Europe

Keynote speakers

Ozan OzturkManaging Director

Agrozan Commodities

Thierry BourvisCFO

Sucres et Denrees

Robert FrankGlobal Head of

Insurance & Risk Mitigation

Gerald Group

Nitin NavandherCFO

Phoenix Global DMCC

Marc PfefferliGroup Treasurer

Met Group

Alexander PetersFinance Director

Arrow Metals

Philippe PenetCFO & Treasurer

Sucafina

Jayant ParandeGlobal Head – Trade & Structured FinanceOlam International

Tawfik SadfiHead of Finance

Gunvor

Kona HaqueHead of Research

ED&F MAN

Canan TulumHead of Treasury &

Trade FinancePetrochina UK

Tanya EpshteynHead of Structured

FinanceCzarnikow

Jumana SaleheenChief Economist

CRU

Paul van SpaendonkGroup Head of

FinancingCOFCO

Stephan JansmaGlobal Head Trade & Structured Finance

Trafigura

Why Attend

Join us in May as TXF Global Commodity Finance 2020 goes back to the future.

THE COMMODITIES FOOTBALL CUPThe Commodities Cup is the sporting event of the year. Banks and traders go head to head in an attempt to win the coveted Commodities Cup. We can’t promise total football but we can

promise total fun.

THE INDUSTRY DINNERJoin everyone who’s anyone at TXF’s famous commodity

finance industry dinner. Expect food, wine and lots of suspect dance moves.

PERFECT 10 ‘DEAL OF THE YEAR’ AWARDSCelebrate with your industry peers as we recognise some of

the most innovative deals from 2019 in our Perfect 10 ‘Deal of the year’ award ceremony.

INDUSTRY DUELSIndustry stalwarts tackle the issues of the day in our

brand new Industry duel format. Who will be crowned the champion?

DEAL OF THE YEAR CASE STUDIESHear how they did it as we profile the most innovative deals

from 2019 in our perfect 10 deal case study sessions.

GLOBAL HEADS DEBATEHear the industry big-wigs battle it out in our brand new

global heads debate session. It’s sure to get heated.

TXF returns to the beautiful city of Amsterdam for our flagship commodity finance conference. Widely regarded as the event of the year in the commodities calendar, TXF Global Commodity Finance 2020 will gather dealmakers from all corners of the

market to discuss the latest trends impacting the industry.

The market finds itself in a key period of transition, TXF Global Commodity Finance 2020 is the perfect opportunity to bring the market together and examine the driving forces behind this. It’s all set to be another unmissable event.

Greater representation of commodity producers

A new stream focused on physical commodities

Our brand new commodity financing training course.

EVENT FEATURES: PROGRAMME FEATURES

John Goodridhe, BPFail to attend and you miss the event of the year.

What’s New?

43%Corporates

29%FinancialInstitutions

4%InsuranceCompanies

8%Law Firms

16%Other

Delegate Breakdown

9/10for networking

RATED

8/10for content

RATED

Traders and Producers You Could Meet

Addax Energy SA

Advaita

Agritrade International

Pte Ltd

Agrozan Commodities

DMCC

Alpicom

Alvean Sugar

Amaggi S. A.

Ameropa AG

Archer Daniels Midland

Arrow Metals AG

Aston FFI (Suisse) S.A.

BB Energy

Bluequest Resources AG

Bonroy Petchem

BP

BP Oil International Ltd

BroadGrain

China Aviation Fuel

(Europe) Limited

COFCO International

Concord Resources

Limited

Coral Energy

Coriolis Technologies

Limited

CTA Geneva

Dubai Multi Commodities

Centre

Duferco

ECOM Agroindustrial

Corporation

ED & F Man

Enerco

Finco Fuel Benelux

Gazprom neft

Gerald Group

Glencore

Gulf Petrochem

Gunvor

ICIS

IX Metals

KazMunaiGas

KME Group

Lafonte Commerce SA

Latour Commodities

Advisory Pte Ltd

Litasco

Louis Dreyfus Company

Maersk

MET Group

Metinvest

minmetals uk

MRI Trading

Nehme Commodities

Nidec ASI S.p.A.

Olam International

Limited

Olam International

Limited, Geneva branch

OMV Supply & Trading

Ltd

Petersen Matex Trading

GmbH

PetroChina International

London

Petroineos Trading

Limited

Philia

Mike Marnell, Bank of China

Excellent and innovative with great topics of interest.

Agenda

COFFEE & REGISTRATIONDon’t forget to bring your business card to register! Once you’ve got your badge, help yourself to a coffee and croissant and start mingling.

OPENING REMARKSWELCOME TO TXF GLOBAL COMMODITY FINANCE 2020With commodity finance volumes down by more than half, the market finds itself in a key period of transition.

TXF’s Editor-in-Chief, Jonathan Bell, provides an overview of what you can expect from the commodities event of the year.Jonathan Bell, Editor-in-Chief, TXF

AROUND THE WORLD IN A DAYKEYNOTE ADDRESSAs the commodities market battles the opposing forces of globalisation and geopolitical instability, understanding the risk factors within your supply chain is essential. We go back to the future in this keynote economic address to outline the key geopolitical and supply risks in the world’s top commodity producing and trading countries to give you an unrivalled opportunity to improve your risk management practices in 2020 and beyond.Jumana Saleheen, Chief Economist, CRU

BROTHERS IN ARMSSLIDO SURVEY: HAVE YOUR SAY ON THE LATEST TRENDSThis anonymous live survey is a chance to hear your thoughts on the key trends shaping the market. With representatives present from all corners of the industry, we’ll find out everything from which commodities are hot, how the market is investing in digitisation and everything in between. After the conference we’ll send you a full set of annotated results.Tom Parkman, Head of Research, TXFModerator: Hesham Zakai, Managing Director, TXF

SLIPPERY WHEN WETTHE KEY DRIVERS OF GLOBAL TRADEThis panel of international trading houses assess the key issues driving global trade. In a period of transition commodity traders are facing a myriad of challenges given lower prices in the market and a decrease in deal volumes. Coupled with regulatory obstacles and increased supply chain opportunities you can learn how the best traders are navigating through this difficult period.• How are traders faring considering the low commodity price environment?• Where are the key trade and supply chain routes developing?• How are Basel IV and IMO 2020 being approached?• With deal volumes down, are corporates finding the structured and working capital financing that they need?Tanya Epshteyn, Head of Structured Finance, CzarnikowNitin Navandher, CFO, Phoenix global DMCCTawfik Sadfi, Head of Finance, GunvorJayant Parande, Global Head – Trade & Structured Finance, Olam InternationalKona Haque, Head of Research, ED&F ManModerator: Hesham Zakai, Managing Director, TXF

DAY 1

THE CHALLENGER’S TRACKThis track takes key challenges in banking and trading based on current market volatility through interactive sessions where all – including the audience – are encouraged to participate.

SECTOR SPOTLIGHTSThese essential market intelligence workshops are your chance to learn more about key trends in the energy, mining and agricultural sectors and pose questions to expert industry analysts covering those sectors.

TOP GUNTHE GLOBAL HEADS DEBATEIn this oxford style debate, global heads from international commodity finance banks go head-to-head in a (light-hearted) way of tackling serious industry issues. Two teams will use their powers of persuasion to debate a series of pre-assigned topics. The winning team will be determined by the audience.

Debate 1: This house believes that structured commodity finance is no longer viable.

Debate 2: This house believes that regulation is killing the market.

Debate 3: This house believes that sustainable finance is nothing more than greenwashing.Sandra Hack, Global Head of Structured Commodity Trade Finance, Deutsche BankMaarten Koning, Managing Director, Global Lead Structured Commodities Finance, ING BankEsther Berkelaar, Head TCF Agri EMEA, RabobankModerator: Stephan JansmaGlobal, Head Trade and Structured Finance, Trafigura Group

BORN IN THE USAENERGY & PETROCHEMICALS• What is the outlook for oil and gas and what will be the main change for commodity finance professionals in 2020?

• Is the US shale boom coming to an end and what impact will that have on your business?

• Was the death of coal announced prematurely and who’s filling the financing gap?

• Will the LNG market bounce back in 2020 and are you prepared for that impact?

NETWORKING COFFEE BREAKAsk us about our networking concierge service in order to arrange meetings and meet your peers.

IRON MAIDENMETALS & MINING• What is the outlook for EV metals in 2020 and how will you be affected?

• How will you be impacted by China’s slowing economy causing a reduction in investment in new projects?

• Is mining in the DRC becoming an impossible situation and, if so, how can you turn that into a positive?

• As demand outstrips supply, are we headed for a copper crisis, and are you ready to mitigate that risk?

GRACELANDAGRI & SOFTS• What is the outlook for bulk commodity prices in 2020 and what does that mean for you?

• How has the African swine fever affected long term supply for food?

• Is the pure agri-trading model dead and how are agricultural traders evolving their approach?

• Have we seen the end of the ABCD dominance and, if so, what next? Thierry Bourvis, CFO, Sucden

BACK IN BLACKPRODUCER PRIORITIES IN 2020Commodity producers from across the energy, mining and agricultural sectors share their hopes and concerns for the year ahead and discuss their approach in light of the tough current market conditions.

• What financing techniques are producers currently using and are they becoming more sophisticated?

• Could investment in downstream and trading operations be a potential source of new revenue?

• How is investment in new technology helping to reduce the costs of production?Moderator: Alexander Peters, Finance Director, Arrow Metals

REGIONAL ROUNDTABLESSelect which of these concurrent discussions you would like to attend. Sit side-by-side with your peers and participate in an interactive discussion led by an industry expert.

NETWORKING COFFEE BREAK

BACK TO THE FUTURETHE TXF COMMODITY FINANCE PODCASTJoin us for a live recording of the very first episode of the TXF Commodity Finance Podcast. The upcoming series will feature insights from established and progressive market practitioners on a range of topics from deal trends to tackling diversity issues.

EPISODE 1: COMMODITY FINANCE PREDICTIONSAs we venture into the 2020s, we put our panellists to the test, asking them to gaze into their crystal balls and predict the future of commodity finance.• Will Africa’s infrastructure investments bear fruit?• Will China’s dominance be waning?• Will commodity financiers be replaced by robots?Find out what our panellists predict and remember you heard it here first.Geoffrey Wynne, Partner, Sullivan & WorcesterModerator: Dominik Kloiber, Director, TXF

AFRICA• Investment opportunities in Africa.• China and Africa’s developing relationship• What are the risk vs rewards for traders operating in the DRC?• A focus on oil, mined minerals and softs.

RUSSIA, CEE & CIS• Profiling the current sanctions landscape.• The outlook for Russian commodities lending.• The development of structured financing in less mature markets such as Romania and Bulgaria.• A focus on oil, gas, grain and petrochemicals.

ASIA-PACIFIC• The implications of China’s slowing economy on global commodities demand.• The growing demand for coal in Asia and financing conundrum this is creating.• The effect of recent fraud cases in Asia and the current risk appetite from international lenders for Asian debt.• A focus on oil and gas.

LATIN AMERICA• China’s evolving role in Latin America and the knock-on effects from the US-China trade war.• Latin America’s relationship with the US and the effect of Venezuelan sanctions.• Geopolitics and the effect on commodity price volatility.• A focus on softs and LNG.

MIDDLE EAST• Dealing with sanctions, conflict and geopolitical unrest in the region.• The growing demand for new forms of debt.• The rise of the DMCC as a global trading hub.• A focus on oil and gas.Ozan Ozturk, Managing Director, Agrozan Commodities

LUNCH

THRILLERTXF TALKSIn this brand new session format, TXF Talks provide ‘outside the box’ thinkers the chanceto take to the stage and discuss their views on thought-provoking subjects.This closing session will feature three exclusive ‘TXF Talks’ by members of thecommodities industry. Each speaker will be given 10 minutes to present on their chosensubject, after which we will open it up to the audience for questions.If you’re an ‘outside the box’ thinker and are interested in taking part then get in touchwith [email protected]

DRINKS RECEPTION & INDUSTRY AWARDS DINNER

DAY 2

COFFEE & REGISTRATION

OPENING REMARKSWELCOME BACK!Jonathan Bell welcomes delegates back to day two of the conference and outlines what the day has in store. Jonathan Bell, Editor-in-Chief, TXF

THE BREAKFAST CLUBSHIPPING, BUNKERING & IMO 2020The state of the dry bulk and tanker shipping market is often a good barometer for the changing demands and supplies in commodities. This market briefing session provides a snapshot of the state of the shipping and bunkering markets and weighs up the impact of the recently imposed IMO 2020 regulation.

• How has the market adapted to the new IMO 2020 regulation and what impact has it had on the supply and price of commodities?

• Manage the fallout from the recent cases of fraud within the bunkering market

• How are the main bunkering hubs adapting to increased demand for LSFO and what you need to do adapt?

SHOULD I STAY OR SHOULD I GOFINANCING TRENDS, TOOLS & TREPIDATIONSWith the use of TXF’s Commodity Finance market report, we provide a state of the market overview of the latest financing trends:• Which financing structures are proving popular?• What trends are we seeing with respect to pricing?• Which regions and sectors are showing promise and which are concerning practitioners>• What market issues were identified, from key legal and regulatory concerns to sanctions?• What obstacles are presented to those looking to grow their commodities business in new markets, from lack of understanding of countries to inability to access credit?Canan Tulum, Head of Treasury & Trade Finance, Petro ChinaMarc Pfefferli, Group Treasurer, Met Group

NETWORKING COFFEE BREAK

NETWORKING LUNCH

PLENARY STREAM SANCTIONS & COMPLIANCE

THE SHININGCPRI: A SHINING LIGHT IN A CHALLENGING MARKETAs the CPRI market begins to mature in Europe and Asia it becomes an ever more important tool in the risk mitigation arsenal of traders and producers. So what are the current drivers behind its usage?• From capital management to a heightened risk sensitivity• What’s obstructing its further growth• How could the product be improved?Robert Frank, Global Head of Insurance & Risk Mitigation, Gerald GroupSimon Bessant, Director, Texel

RISKY BUSINESSHOW COULD THAT PASS COMPLIANCE?In this interactive workshop, our panel of experts consider a series of hypothetical deals and discuss the complexities they provide with regards to KYC, AML, financial crime issues, sanctions, bribery and corruption.

The audience will join the panellists in discussing whether those deals would pass their own institutions’ compliance departments.

Gregory Lorne, IFC

Nice conference, interesting themes/panels. Fun and colourful atmosphere which is appreciated.

great to have sessions definitely with geopolitical considerations. will come back.

DIRTY DANCINGA BLUEPRINT FOR SANCTIONS SUCCESSThis practical workshop helps you map out a plan for staying compliant with sanctions, helping you understand the best ways to get deals done, safely, in jurisdictions ranging from Russia, to Iran, to Venezuela.

ANOTHER ONE BITES THE DUSTTHE RISE AND FALL OF ALTERNATIVE FINANCIERSWith many high-profile commodity funds exiting the market in the last year, we look at what separates those that succeed and those that fail.

• What were the factors that ultimately led to 2019 commodity failures?

• How are organisations safeguarding against potential funds exiting the market?

• Is this a temporary phenomenon or an inherent incompatibility in the market?

TXF TRENDS FINANCING CASE STUDIES

DON’T STOP BELIEVINGKOMGO, VAKT & FORCEFIELD: A YEAR IN REVIEWWith the Komgo, VAKT and Focefield blockchain platforms now firmly established within the market, this session is a chance to hear about the latest developments. Have the initiatives been a success so far and what impact have we seen on the market? Kris Van Broekhoven, Managing Director, Global Head of Commodity Trade Finance, CITI

APPETITE FOR DESTRUCTIONIDEA LAB: WILL UNSUSTAINABLE = UNFINANCEABLE?As the sustainability movement gathers pace and ESG linked loans fast become the norm, this idea lab proposes a scenario whereby sustainability is a pre-requisite for financing.

• Could this soon be a reality and what would be the effect on the market?

• Would financing remain a profitable business for banks

• Would traders be able to adapt? Fabio Nehme, CEO, Nehme CommoditiesPhilippe Penet, CFO & Treasurer, Sucafina

GOLDPERFECT 10 DEALS OF THE YEARThe TXF ‘Perfect 10 Deals of the Year’ awards aim to recognise and reward innovation in the commodity finance industry. In this exclusive case study stream we present a financing case study of two of the winning deals.

A chance to hear what it takes to put together a winning deal, bankers, borrowers and law firms share their experiences of working on the deals and answer any and all of your questions. The deals in focus will be revealed in February, upon announcement of the award winners.

Please contact:henry. [email protected] for more information on the Perfect 10 Deals of the Year and how you can have your deal profiled.

NETWORKING COFFEE BREAK

THE FINAL COUNTDOWNDEAL OR NO DEALA unique session format created by TXF, ‘Deal or No Deal’ is a fun and interactive way tolook at pricing and deal making within the commodities market.We present a panel of industry experts with a series of hypothetical commodity financedeals. Their task is to analyse the deal and decide:

1. Whether they would do the deal.

2. How they would price the deal.

3. Whether they would distribute the deal.The audience will then have the chance to cast their votes.

THE TERMINATORCLOSING REMARKS & TOP TAKEAWAYSThe conference chair provides a round-up of the key talking points from throughout the two days.

A written report of the key discussion points will be circulated to all delegates after the conference.Jonathan Bell, Editor-in-Chief, TXF

Pricing

The Team

Ask me about how to share your ideas as a speaker, or apply for your corporate-rate ticket

Henry NicholContent manager

[email protected]

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Theo AmuMarketing Manager

[email protected]

Ask me about sponsorship, group bookings and how you can maximise your exposure

Charles OsborneSenior Relationship Manager

[email protected]

Ask me about accommodation and how you can get to the venue

Gary CoatesOperations Manager

[email protected]

Early bird(expires 3rd April 2020)

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(expires 28th February 2020)

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