Environmental technology firm Entyr signed a 20-year offtake and 10-year collaboration agreements with Trafigura.
Under the terms of the offtake agreement, Trafigura will take 100% of Entyr's products produced in facilities at least 50% owned by Entyr or otherwise operated by Entyr and seek to achieve the highest commercially available price from its global network.
The price paid to Entyr will depend on the on-sale price achieved by Trafigura, which will vary based on factors such as global market demand, product quality, and availability.
The collaboration agreement will see Entyr and Trafigura work collectively to identify actions and areas of focus regarding Entyr's technology and plant infrastructure.