Gunvor rebrands as Centalion while maintaining Geneva trading operations
Global commodities trader Gunvor Group has changed its name to Centalion Group Ltd. and plans to move its corporate headquarters from Cyprus to Singapore following a management-led ownership change. The new identity took effect in October 2026 after an internal referendum in July and is intended to reflect both the company’s new ownership structure and its expansion beyond traditional oil trading into natural gas, metals and power. The development is also relevant to the tire pyrolysis sector because the former Gunvor signed a strategic agreement with Hungary-based New Energy in 2025 to purchase tire pyrolysis oil produced from end-of-life tires for use as refinery feedstock. While the rebranding announcement does not indicate any change to that cooperation, future activities under the agreement would now take place under the Centalion identity.