- CEO
- Clement Simon
- Full Time Employees
- 58
- Sector
- Financial Services
- Industry
- Financial - Credit Services
- Address
- Carnegie Hall Tower New York City NY United States of America 10019
- IPO Date
- Aug 14, 1986
- Business
- Arrow Resources Development, Inc. is a development stage holding company engaged in marketing, sales, distribution, corporate operations, and corporate finance services for the commercial exploitation of natural resources worldwide. Its main products and services include marketing and distribution of natural resource commodities such as corn, lumber, timber, paper, pulp, and related products. The company operates through its wholly owned subsidiary, Arrow Resources Development Ltd., providing global services in sourcing, trading, and distribution linked to natural resources. Headquartered in New York, New York, Arrow focuses on leveraging partnerships and agreements to supply raw materials and finished products to international markets.
Recent major changes include the approval of a 2024 capital budget focusing on the development of hydrocarbon fields and drilling programs, emphasizing production growth through advanced drilling techniques, horizontal wells, and seismic programs. Arrow also maintains significant marketing and distribution agreements, including with Arrow Pacific Resources Group Limited, expanding its footprint in agricultural and forestry products. These developments reflect the company’s strategic emphasis on sustainable growth, operational expansion in natural resources marketing, and reinforcing its supply chain capabilities amid evolving global commodity demands.
The company operates across multiple commodity sectors globally, addressing markets in metals, energy, agricultural products, and forestry. It maintains a growing portfolio that includes oil field development projects in Latin America and comprehensive commodity trading and transportation services, deploying long-term charters to optimize trading partner advantages. Founded prior to its public activities, Arrow Resources Development continuously adapts its operations and capital allocations to meet industry shifts and global natural resource exploitation challenges.