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Corporation
ENERGY & UTILITIES | Energy Trading & Marketing
freepoint.com

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Investments

2

Partners & Customers

3

About Freepoint Commodities

Freepoint Commodities is a physical commodity trading and marketing company with over $300 million in equity capital commitments and a strong management team with a proven track record in the commodities trading market. The company expects to be a top trader and marketer of natural gas and power in North America and Europe, as well as a significant presence in oil and coal trading worldwide. In addition to marketing and trading physical commodities, Freepoint Commodities provides supply services and risk management products for customers.

Freepoint Commodities Headquarter Location

599 West Putnam Avenue

Greenwich, Connecticut, 06830,

United States

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Freepoint Commodities Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Freepoint Commodities Rank

Latest Freepoint Commodities News

Freepoint Eco-Systems Works with Van Dyk to Open Advanced Plastic Recycling Facility

May 10, 2022

Ford Motor Co. May 10, 2022 Norwalk, CT Freepoint Eco-Systems LLC (“Freepoint Eco-Systems”) is committed to helping develop the circular plastic economy. To realize this mission of turning waste plastic, that would otherwise be landfilled or incinerated, into recycled materials, Freepoint Eco-Systems has announced the construction of an advanced recycling facility in Hebron, Ohio. In connection with this project, Freepoint Eco-Systems is partnering with Van Dyk Recycling Solutions (“Van Dyk) to build a front-end sorting system that will enable the facility to recycle 90,000 tons/year of end-of-life plastic. The project will employ approximately two hundred people during the construction phase and an additional fifty people when fully operational. Commercial operations are expected to commence in 2023. Brian Schellati, Director of Business Development for Van Dyk spoke about the design process: “Joining our experience in system design with Freepoint Eco-Systems’ dedication to finding renewable avenues for plastics led to a project that we believe is going to be very successful. The facility will accept post-sorted plastics from material recovery facilities. Those materials will pass through an advanced sortation system and then ultimately become pelletized.” “Freepoint Eco-Systems is excited to be working with Van Dyk, a leader in North America for the installation of recycling and sorting systems, in connection with this project. We understand the importance of developing a system that is based on innovative, cutting-edge technology and state-of-the-art equipment. We believe that partnering with Van Dyk is the right decision, as we develop one of the largest commercial-scale advanced recycling facilities in the United States”, said Bilal Khan, Director of Engineering and Operations for Freepoint Eco-Systems. The feedstock produced by the facility will have a smaller carbon footprint than crude oil-derived feedstocks and will contribute to a more circular economy for plastic production. About Freepoint Eco-Systems Freepoint Eco-Systems is an affiliate of Freepoint Commodities LLC, a global commodities merchant providing supply chain management services and eco-friendly products and solutions to its customers. Among other things, Freepoint Eco-Systems is in the business of securing supplies of waste plastic that is not being recycled and converting that waste into recycled products via its advanced recycling facilities. Freepoint Eco-Systems is engaged in business operations in the U.S., Europe, and Asia. More information can be found at www.FreepointEcoSystems.com

Freepoint Commodities Investments

2 Investments

Freepoint Commodities has made 2 investments. Their latest investment was in Nostromo as part of their PIPE on November 11, 2021.

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Freepoint Commodities Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

11/11/2021

PIPE

Nostromo

$9.1M

Yes

1

8/19/2013

Private Equity

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10

Date

11/11/2021

8/19/2013

Round

PIPE

Private Equity

Company

Nostromo

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Amount

$9.1M

New?

Yes

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Co-Investors

Sources

1

10

Freepoint Commodities Acquisitions

1 Acquisition

Freepoint Commodities acquired 1 company. Their latest acquisition was J.P. Morgan Metal & Concentrates on April 29, 2012.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

4/29/2012

$99M

Acquired Unit

Date

4/29/2012

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired Unit

Sources

Freepoint Commodities Partners & Customers

3 Partners and customers

Freepoint Commodities has 3 strategic partners and customers. Freepoint Commodities recently partnered with Aegean Marine Petroleum Network on August 8, 2017.

Date

Type

Business Partner

Country

News Snippet

Sources

8/30/2017

Partner

Greece

1

12/4/2014

Partner

United States

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10

5/16/2012

Vendor

United Kingdom

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10

Date

8/30/2017

12/4/2014

5/16/2012

Type

Partner

Partner

Vendor

Business Partner

Country

Greece

United States

United Kingdom

News Snippet

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Sources

1

10

10

Freepoint Commodities Team

2 Team Members

Freepoint Commodities has 2 team members, including former Senior Vice President, Brian Ahern.

Name

Work History

Title

Status

Brian Ahern

Senior Vice President

Former

Harrison DeStefano

Senior Managing Director

Former

Name

Brian Ahern

Harrison DeStefano

Work History

Title

Senior Vice President

Senior Managing Director

Status

Former

Former

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