Trafigura, one of the world’s leading independent commodity trading companies, and IFM investors, a private equity firm, formed a joint venture. Financial terms were not disclosed. The joint venture will bring together the trading and operations expertise of Trafigura and Impala Terminals with the investment experience of IFM Investors, allowing the joint venture to further develop current projects through handling increased volumes from Trafigura and from third parties and to explore future opportunities.