ASCON GROUP

CTICC Professional Services

ASCON GROUP
Ascon Timpet GmbH is a trading house based in Hamburg, Germany. Please find our company profile attached hereto. Ascon has been in the oil & commodity industry since 1984 with vast experience in Africa and other continents. Also, we are a shareholder of the company Brahms Oil Refineries Ltd. (www.brahms-refineries.com) which is setting up the first modular crude oil refinery in the Republic of Guinea. Ascon has offices and presences in Hamburg/Germany, Geneva/Switzerland, Dubai/UAE, Jakarta/Indonesia/Namibia/South Africa. Ascon Timpet GmbH website is www.ascongroup.de Ascon are primarily an energy products commodity trader but have a dedicated fleet of sub-contractors for reverse logistics as transport costs are the biggest cost component. To be competitive, Ascon has increased the trading portfolio from coal, crude oil, refined petroleum inventories to trading: · For agriculture fertilizer and soft commodities such as grains; · For 2020 2020, 5% 2021 20% 2022 2020, 2020.

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