Cressco

What Cressco does

Cressco AG is a privately-held Swiss commodity trading company headquartered in Baar, Switzerland, specializing in the sale of liquefied petroleum gas (LPG), petrochemical products, and liquid chemicals. Established as a European olefins trader with a regional focus on Eastern and North West Europe for LPG trading, the company has since expanded into a globally recognized trading intermediary serving industrial manufacturers, processors, and energy market participants worldwide. Its core technology is a commodity trading and logistics management platform that orchestrates the physical movement of products across the supply chain, though no proprietary technology features are publicly disclosed.

The company operates three core product lines: Petrochemical Trading (olefins, propylene, C4/butadiene chain products), LPG Trading (the product with which the company originally established its market presence), and Liquids Trading (aromatics, naphtha, distillates, condensates, gasoline and gasoline components). Beyond these core lines, the company also trades intermediates, biofuels, polymers, feedstock, and fuel components. The underlying infrastructure includes access to a large fleet of rail tank cars (RTCs), freight, transport, storage and blending facilities, with strategic positioning in the heart of Europe enabling response to global mandates and remote-location sourcing.

Cressco AG generates revenue through transaction-based commodity trading, acting as an intermediary between producers and end-users and providing bundled services including trading, logistics organization, interim storage, financing, and transport execution. Pricing is negotiated on a case-by-case basis given the B2B commodity trading context. The go-to-market motion is enterprise field sales focused on building long-term partnerships with globally active industrial clients through direct relationship management. The company also operates within the LITASCO/LUKOIL Group network for data and operational coordination, and maintains REACH compliance for chemical substance trading in the EU.

Name

Cressco

Legal name

CRESSCO AG

Website

https://cressco.ch

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Cressco AG is a privately-held Swiss commodity trading company headquartered in Baar, Switzerland, that trades LPG, petrochemicals, and liquid chemicals for industrial manufacturers and energy market participants globally. The firm bundles trading with logistics, storage, financing, and transport execution as a single intermediary service.

Ownership category

akta.pro rank

Product category

Petrochemical and LPG Commodity Trading

NAICS

Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) (424720)

SIC

Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172)

akta.pro primary industry

Aggregator/Brokered Natural Gas Sales (Brokers, Marketers, Aggregators) (EUAAADAF)

Keywords

• Petrochemical trading
• LPG trading
• Liquid chemicals
• Commodity distribution
• Bulk chemicals supply

Headquarters

HQ city

Baar

HQ country

Switzerland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Commodity Trading: CRESSCO AG generates revenue through the trading and distribution of petrochemical products, LPG (Liquefied Petroleum Gas), and liquid chemicals including aromatics, naphtha, distillates, condensates, and gasoline components. The company acts as an intermediary between producers and end-users, providing logistics, storage, financing, and transport services as part of their offering.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

CRESSCO AG is a privately-held commodity trading company that buys and sells liquefied petroleum gas (LPG), petrochemical products, and liquid chemicals (aromatics, naphtha, distillates, condensates, gasoline components). The company manages the full supply chain for its industrial customers, including sourcing from producers, organizing logistics, providing interim storage, financing, blending, and executing worldwide transport via its fleet of rail tank cars and international logistics network.

Product overview

CRESSCO AG is a private commodity trading company offering a full-line product portfolio of industrial and specialty chemicals through three core product lines: Petrochemical Trading, LPG Trading, and Liquids Trading. The company specializes in physical commodity trading, logistics, and distribution services, sourcing products from remote locations and delivering them worldwide to customers. Their core businesses remain in bulk liquids and gases, while also trading intermediates, biofuels, polymers, feedstock, and fuel components. The company leverages its strategic position in the heart of Europe to provide comprehensive services including trading, logistics organization, interim storage, financing, and transport execution.

Differentiator

Problem solved

Functional benefit

Products and services

• Petrochemical Trading
• LPG Trading
• Liquids Trading

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Reliable Producers and CarrierscoreStrategic or Co-development PartnerCRESSCO AG collaborates with reliable producers and carriers as part of their core business model. These partnerships enable the company to offer a wide range of services to globally active clients, including trading of products, logistics organization, storage, financing, and transport execution.
• LUKOIL Group / LITASCOcoreStrategic or Co-development PartnerCRESSCO AG is part of the LUKOIL Group network, with LITASCO/LUKOIL Group entities involved in processing data and business operations. The company transfers data to LITASCO/LUKOIL Group entities as part of their legitimate business interests and operations.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Direct peers

• Trafigura: One of the world's largest independent commodity traders, with a major oil and petroleum products trading book that includes LPG, naphtha, and petrochemical feedstocks. Highly comparable to Cressco in business model (physical trading, logistics, financing) though operating at materially larger global scale.
• Mercuria Energy Trading: Geneva-headquartered independent energy and commodities trader with significant activity in crude, refined products, LPG, and petrochemicals. Closely comparable mid-to-large scale Swiss-domiciled trading peer to Cressco.
• LITASCO: International trading arm of LUKOIL Group, active in crude, refined products, and petrochemicals globally. Relevant given Cressco's disclosed data-sharing relationship with LITASCO/LUKOIL Group entities, making it both a potential partner and the most structurally connected peer.
• Vitol: World's largest independent energy trader, active in crude, refined products, LPG, and petrochemicals with extensive storage, blending, and shipping assets. Closest direct peer to Cressco in terms of integrated trading-plus-logistics model and global petroleum products reach.
• Gunvor Group: Independent commodity trader with a focus on crude, refined products, and LPG, headquartered in Geneva/Singapore. Comparable European-based trader with similar product mix and physical asset footprint (storage, terminals).

Regional players

• Mabanaft: Hamburg-based petroleum products trader and distributor (part of the Marquard & Bahls group) active in heating fuels, diesel, and LPG across European and Atlantic markets. Comparable in product mix and European focus, though more retail-/distribution-weighted than Cressco's pure trading model.

Broad incumbents

• Glencore: Diversified global commodity trader and miner with a substantial oil and petroleum products trading desk alongside metals, minerals, and energy. Overlaps with Cressco in oil/LPG/petrochemical trading but is a much broader, publicly listed incumbent.
• TotalEnergies Trading & Shipping: Trading arm of a global supermajor, active across crude, refined products, LPG, and petrochemicals with extensive European logistics. Comparable product mix to Cressco but vastly larger scale and integrated with upstream/downstream operations.
• PetroChina International: International trading arm of CNPC, active in crude, refined products, and petrochemicals globally. Comparable as a major state-backed petroleum products trader; broader in scope than Cressco's boutique European operation.

Emerging players

• BB Energy: Independent mid-sized commodity trader with a focus on refined products and LPG distribution, particularly in Europe, the Middle East, and Africa. Comparable as a smaller, privately held European-domiciliated trader in similar product categories.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cressco