Alkagesta Appoints Anthony Guida to Lead Expanding Biofuels Trading Desk

Commodity trading firm Alkagesta has formally appointed Anthony Guida to lead its biofuels trading desk, placing him in charge of a division he helped establish over the past eighteen months. Based out of the firm's Geneva office, Guida has driven the buildout of the company's renewable fuel operations since joining in early 2025.

Since taking on the setup of the division in January 2025, Guida established an integrated supply chain extending from niche feedstocks and waste oils to European refiners producing biodiesel, hydrotreated vegetable oil, and sustainable aviation fuel. Operational capability was further bolstered by an investment in a used cooking oil processing facility, which raised equity processing volumes from 734 tonnes to 1,860 tonnes.

A significant milestone for the trading desk came in January 2026, when the firm obtained ISCC CORSIA certification. As detailed in Alkagesta's executive appointment announcement, this accreditation allowed the firm to supply CORSIA-eligible sustainable aviation fuel. Physical operations are backed by terminal storage at Pantank's Antwerp site along with a multi-year off-take agreement servicing markets in Italy and Malta.

Expanding Logistics and Multi-Commodity Reach

Beyond bio-based products, the desk has extended its presence into conventional aviation fuels through commercial access to NATO's Central European Pipeline System. This network enables direct supply to airport infrastructure in Germany and Belgium, with total jet fuel trading volumes projected to reach approximately 100,000 tonnes in 2026.

The growth of the biofuels desk mirrors wider balance-sheet strengthening and commercial diversification across the firm's broader energy trading portfolio. Supported by increased backing from international trade finance institutions, the company completed its inaugural crude oil transaction in the second quarter of 2026, lifting a 1.07 million barrel cargo of CPC Blend destined for the Far East.

Guida brings a decade of energy sector experience to the role, having previously held positions at market intelligence firm S&P Global Platts as well as downstream majors Phillips 66 and PETRONAS. During his time at PETRONAS, his responsibilities evolved from fundamental crude market analysis into business development and strategy covering crude oil, carbon markets, and renewable fuels.