Rank: 18 (Previous rank: N.A.)
CEO: Ivan Glasenberg
Address: Baarermattstrasse 3
Swiss commodities company Glencore makes its debut on the Global 500 list this year, just after its $10 billion initial public offering in May. Although Glencore's IPO was the largest so far this year, the stock ultimately didnít garner as high of a price as many analysts expected.
Glencore is a producer and trader of bulk commodities. The company claims it controls much of the traffic of some of the world's most precious raw materials -- it says itís one of the world's largest suppliers of sugar, exporters of grain, and non-integrated suppliers of oil. As of the end of 2010, the company said it had over $79 billion worth of assets. --S.D.
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Is Glencore International a great company, or what?
|Company||2010 Number of Employees|
|China National Petroleum||1,674,541|