Claude Dauphin (businessman) revenues of $13.4 billion. By that time, Trafigura had brought in Sonangol as a 30% shareholder in Puma, and had also reduced its own stake to 49%. Dauphin never took Trafigura public, believing private company status was the best model for a trading firm. Trafigura’s revenue rose tenfold in the period from 2005 to 2014 to reach $127 billion. In his leadership position with the company, Dauphin was an important figure in Trafigura's response to the 2006 Ivory Coast toxic waste dump environmental disaster. After local contracting company Tommy dumped 500 tonnes of waste at landfill sites around the port
Toxic colonialism Toxic colonialism Toxicomania colonialism, or toxic waste colonialism, refers to the practice of exporting hazardous waste from developed countries to underdeveloped ones for disposal. In 1992, 'toxic colonialism' was "a striking phrase coined by Jim Puckett of Greenpeace for the dumping of the industrial wastes of the West on territories of the Third World" The term refers to practices of developed nations who rid themselves of toxic or hazardous waste by shipping it to less developed areas of the world. The affected communities typically lack the resources, knowledge, political organization, or capital to resist the practice. In the US, the