Agape ATP Corporation Signs ICPO with Swiss One Oil & Gas AG for 200,000 MT of EN590 and 2,000,000 Barrels of Jet Fuel A1
ATPC has signed an Irrevocable Corporate Purchase Order (ICPO) with Swiss One Oil & Gas AG for 200,000 metric tons of EN590 10PPM diesel and 2,000,000 barrels of Jet Fuel A1 in an initial trial phase. The strategic partnership aims to enhance oil and gas sales operations by combining ATPC's expertise in sustainable business strategies with Swiss One's experience in the oil and gas sector.
The collaboration focuses on optimizing supply chain efficiency through resource sharing, streamlined logistics, and integration of advanced technologies for inventory management and shipment tracking. Both companies will work together to expand market presence, improve operational efficiency, and implement environmentally responsible practices.
The partnership represents a significant step in ATPC's diversification strategy in the global energy sector, with both companies expected to benefit from increased market presence, cost efficiencies, and new trading opportunities.
ATPC ha firmato un Ordine di Acquisto Aziendale Irrevocabile (ICPO) con Swiss One Oil & Gas AG per 200.000 tonnellate metriche di diesel EN590 10PPM e 2.000.000 barili di Jet Fuel A1 in una fase iniziale di prova. La partnership strategica mira a migliorare le operazioni di vendita di petrolio e gas combinando l'esperienza di ATPC nelle strategie aziendali sostenibili con quella di Swiss One nel settore del petrolio e del gas.
La collaborazione si concentra sull'ottimizzazione dell'efficienza della catena di approvvigionamento attraverso la condivisione delle risorse, logistica semplificata e integrazione di tecnologie avanzate per la gestione dell'inventario e il tracciamento delle spedizioni. Entrambe le aziende lavoreranno insieme per espandere la presenza sul mercato, migliorare l'efficienza operativa e implementare pratiche responsabili nei confronti dell'ambiente.
La partnership rappresenta un passo significativo nella strategia di diversificazione di ATPC nel settore energetico globale, con entrambe le aziende che si prevede beneficeranno di una maggiore presenza sul mercato, efficienze di costo e nuove opportunità commerciali.
ATPC ha firmado una Orden de Compra Corporativa Irrevocable (ICPO) con Swiss One Oil & Gas AG para 200,000 toneladas métricas de diésel EN590 10PPM y 2,000,000 barriles de Jet Fuel A1 en una fase inicial de prueba. La asociación estratégica tiene como objetivo mejorar las operaciones de venta de petróleo y gas combinando la experiencia de ATPC en estrategias empresariales sostenibles con la experiencia de Swiss One en el sector del petróleo y gas.
La colaboración se centra en optimizar la eficiencia de la cadena de suministro a través del intercambio de recursos, logística simplificada e integración de tecnologías avanzadas para la gestión de inventarios y el seguimiento de envíos. Ambas empresas trabajarán juntas para expandir la presencia en el mercado, mejorar la eficiencia operativa e implementar prácticas responsables con el medio ambiente.
La asociación representa un paso significativo en la estrategia de diversificación de ATPC en el sector energético global, con ambas empresas que se espera se beneficien de una mayor presencia en el mercado, eficiencias de costos y nuevas oportunidades comerciales.
ATPC는 Swiss One Oil & Gas AG와 200,000미터톤의 EN590 10PPM 디젤과 2,000,000 배럴의 항공유 A1에 대한 취소 불가능한 기업 구매 주문서(ICPO)를 체결했습니다. 이 전략적 파트너십은 ATPC의 지속 가능한 비즈니스 전략에 대한 전문성과 Swiss One의 석유 및 가스 분야의 경험을 결합하여 석유 및 가스 판매 운영을 향상시키는 것을 목표로 합니다.
협력은 자원 공유, 간소화된 물류, 재고 관리 및 배송 추적을 위한 첨단 기술 통합을 통해 공급망 효율성을 최적화하는 데 중점을 둡니다. 두 회사는 시장 존재감을 확대하고 운영 효율성을 개선하며 환경적으로 책임 있는 관행을 구현하기 위해 함께 노력할 것입니다.
이번 파트너십은 글로벌 에너지 분야에서 ATPC의 다각화 전략에 있어 중요한 단계로, 두 회사는 시장 존재감 증가, 비용 효율성 및 새로운 거래 기회에서 이익을 얻을 것으로 예상됩니다.
ATPC a signé un Bon de Commande d'Achat d'Entreprise Irrévocable (ICPO) avec Swiss One Oil & Gas AG pour 200 000 tonnes métriques de diesel EN590 10PPM et 2 000 000 barils de Jet Fuel A1 dans une phase d'essai initiale. Ce partenariat stratégique vise à améliorer les opérations de vente de pétrole et de gaz en combinant l'expertise d'ATPC dans les stratégies commerciales durables avec l'expérience de Swiss One dans le secteur pétrolier et gazier.
La collaboration se concentre sur l'optimisation de l'efficacité de la chaîne d'approvisionnement grâce au partage des ressources, à la logistique rationalisée et à l'intégration de technologies avancées pour la gestion des stocks et le suivi des expéditions. Les deux entreprises travailleront ensemble pour élargir leur présence sur le marché, améliorer l'efficacité opérationnelle et mettre en œuvre des pratiques respectueuses de l'environnement.
Ce partenariat représente une étape significative dans la stratégie de diversification d'ATPC dans le secteur énergétique mondial, les deux entreprises devant bénéficier d'une présence accrue sur le marché, d'économies de coûts et de nouvelles opportunités commerciales.
ATPC hat eine unwiderrufliche Unternehmensbestellung (ICPO) mit Swiss One Oil & Gas AG über 200.000 metrische Tonnen EN590 10PPM Diesel und 2.000.000 Barrel Jet Fuel A1 in einer ersten Testphase unterzeichnet. Die strategische Partnerschaft zielt darauf ab, die Verkaufsoperationen im Öl- und Gassektor zu verbessern, indem die Expertise von ATPC in nachhaltigen Geschäftsstrategien mit der Erfahrung von Swiss One im Öl- und Gassektor kombiniert wird.
Die Zusammenarbeit konzentriert sich auf die Optimierung der Effizienz der Lieferkette durch Ressourcenteilung, optimierte Logistik und die Integration fortschrittlicher Technologien für das Bestandsmanagement und die Sendungsverfolgung. Beide Unternehmen werden gemeinsam daran arbeiten, die Marktpräsenz zu erweitern, die Betriebseffizienz zu verbessern und umweltverantwortliche Praktiken umzusetzen.
Die Partnerschaft stellt einen bedeutenden Schritt in der Diversifizierungsstrategie von ATPC im globalen Energiesektor dar, wobei beide Unternehmen voraussichtlich von einer erhöhten Marktpräsenz, Kosteneffizienzen und neuen Handelsmöglichkeiten profitieren werden.
- Secured large-scale ICPO for 200,000 MT of diesel and 2,000,000 barrels of jet fuel
- Strategic expansion into energy sector diversifies revenue streams
- Partnership provides access to new markets and trading opportunities
- Implementation of advanced technologies expected to improve operational efficiency
- Initial phase described as 'trial', indicating uncertainty in long-term commitment
- Success of partnership dependent on execution of complex supply chain integration
Insights
The ICPO agreement between ATPC and Swiss One represents a substantial energy trading commitment, with the 200,000 MT of EN590 diesel and 2M barrels of Jet Fuel A1 having significant market value. Based on current market prices, this initial order could potentially represent a transaction value in the hundreds of millions of dollars, though exact figures would depend on specific contract terms and market conditions.
The choice of EN590 10PPM diesel is particularly strategic, as this ultra-low sulfur diesel fuel is in high demand across European markets due to strict environmental regulations. The 10PPM specification indicates premium quality that meets the most stringent environmental standards, potentially commanding higher margins. Similarly, Jet Fuel A1 represents a high-value product with stable demand from the aviation sector, which is projected to grow as air travel continues to recover globally.
This move signals a significant pivot for ATPC, traditionally known for health and wellness products. The partnership with Swiss One, an established player in oil trading, mitigates some execution risks while providing ATPC access to valuable industry expertise and infrastructure. The focus on supply chain optimization and technology integration suggests a modern approach to energy trading, potentially reducing operational costs and improving margins.
However, investors should note several key considerations:
- The agreement is described as an "initial trial phase," suggesting a measured approach to this new market entry
- Success will depend heavily on ATPC's ability to leverage Swiss One's expertise while managing the complexities of international fuel trading
- The emphasis on sustainability and carbon footprint reduction could provide a competitive advantage but may also increase operational costs
- The partnership's success in integrating advanced technologies for inventory and order management will be important for maintaining competitive margins in this high-volume, low-margin business
This strategic expansion could significantly impact ATPC's revenue profile, though the initial focus appears to be on establishing operational capabilities rather than immediate financial returns. The partnership's emphasis on sustainability and technology integration aligns with broader industry trends toward cleaner and more efficient fuel trading operations.
Optimizing supply chain efficiency, integrating advanced technologies, and expanding global market reach
KUALA LUMPUR, MALAYSIA / ACCESS Newswire / February 24, 2025 / NASDAQ-listed AGAPE ATP Corporation ("ATPC") signed an Irrevocable Corporate Purchase Order ("ICPO") with Swiss One Oil & Gas AG ("Swiss One") and entered into a strategic partnership to enhance oil and gas sales and purchase operations. The ICPO entails the procurement of approximately 200,000 metric tons of EN590 10PPM diesel and 2,000,000 barrels of Jet Fuel A1 for an initial trial phase. This collaboration brings together ATPC's expertise in sustainable business strategies and global trade with Swiss One's extensive experience in the oil and gas sector, strengthening their position in the energy market, optimizing supply chain efficiency and integrating advanced technologies.
Swiss One , based in Pfäffikon, Switzerland, specializes in unique global trades of oil and gas products. This collaboration enables the company to scale operations while benefiting from ATPC's extensive network and strategic insights. ATPC, headquartered in Kuala Lumpur, Malaysia, has built a reputation as a leader in health and wellness, renewable energy, and global trade consultancy, continuously expanding into high-growth industries that align with its vision of sustainability and innovation.
The partnership is designed to create greater efficiency in the procurement, sales, and distribution of refined petroleum products , including EN590 10PPM diesel and Jet Fuel A1. With ATPC providing strategic consultancy support, Swiss One is set to expand its trading capabilities, ensuring timely and cost-effective delivery of oil and gas products to its clients.
(L-R): A. Magedara and Steven Huffman, Advisor and Representative from Swiss One Oil & Gas AG; Prof. Dato' Sri Dr. How Kok Choong, Founder and Group CEO of ATPC; Prof. Dr. Md Nasir, Representative from Golden Pristine Synergy and Dr. Fernando Cortizo, Executive Director of ATPC. (link)
Prof Dato' Sri Dr How Kok Choong, the Founder and Global Group CEO of ATPC expressed confidence in the partnership, stating: "This partnership is a major step forward in ATPC's diversification strategy, reinforcing our role in the global energy sector. By working with Swiss One, we are not only optimizing oil and gas procurement but also driving innovation, efficiency, and sustainability within the supply chain.
The agreement focuses on key objectives that will drive success for both companies. Through resource sharing, ATPC and Swiss One will streamline supply chain operations, ensuring improved logistics and enhanced delivery capabilities. The integration of advanced technologies such as automated systems for inventory management, order processing, and real-time shipment tracking will significantly improve operational efficiency. The partnership also aims for market expansion, leveraging joint marketing efforts and industry participation to explore new regions and strengthen customer engagement.
A core aspect of the collaboration is the commitment to sustainability, with both companies emphasizing carbon footprint reduction and the adoption of environmentally responsible practices. These initiatives align with global regulatory requirements and enhance corporate social responsibility efforts within the oil and gas industry.
Through this strategic alliance, both companies stand to gain increased market presence, cost efficiencies, and access to new trading opportunities. With ATPC's role in facilitating refined fuel procurement and Swiss One's established position in global oil and gas trade; the collaboration is expected to drive significant growth and long-term value.
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About AGAPE ATP Corporation
Agape ATP Corporation (ATPC) is dedicated to enhancing the quality of life and promoting sustainable development. With a strong foundation built on two core business pillars, ATPC specializes in the provision of health and wellness products that caters to the diverse needs of its customers, ensuring their well-being and vitality. Additionally, APTC delivers comprehensive energy-saving solutions that empower companies to drive sustainability initiatives, reduce energy consumption, and achieve their sustainability goals.
For more information, visit www.agapeatpgroup.com .
Koa International Sdn. Bhd. on behalf of Agape ATP Corporation
For more information, please contact:
Jazzmin Wan
Tel: +60 17-289 4110
Email: j.wan@swanconsultancy.biz
Mandy Tan
Tel: +60 16-477 2257
Email: m.tan@swanconsultancy.biz
FORWARD-LOOKING STATEMENT
Certain statements contained in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected benefits and outcomes of the partnership announced by AGAPE ATP Corporation ("ATPC") and Swiss One Oil & Gas AG ("Swiss One"), and the potential for optimizing supply chain efficiency, integrating advanced technologies, and expanding global market reach through this collaboration. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would," and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the Company's ability to execute its strategies, manage growth, and maintain its corporate culture; the Company's future business development, financial conditions, and results of operations; expectations regarding demand for and market acceptance of our products and services; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in Malaysia and the international markets the Company plans to serve, and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and AGAPE ATP Corporation specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law.
SOURCE: Agape ATP Corporation
View the original press release on ACCESS Newswire
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