SPZI: JP3E Commenced Initial Shipment for Sugar Commodity Contract
JP3E Holdings (OTC: SPZI) has successfully completed its initial shipment of 300 metric tons of ICUMSA 45 Sugar from Brazil to Turkey through its subsidiary JP Energy Global. This delivery initiates a full year of scheduled sugar deliveries under the contract. The transaction was executed through their newly launched Trade Finance platform in partnership with Bloxcross, designed to facilitate faster and more efficient global trade operations. The company expects this to lead to extremely profitable sugar contracts with monthly shipments throughout the year.
JP3E Holdings (OTC: SPZI) ha completato con successo la sua spedizione iniziale di 300 tonnellate metriche di zucchero ICUMSA 45 dal Brasile alla Turchia attraverso la sua controllata JP Energy Global. Questa consegna dà inizio a un anno intero di consegne programmate di zucchero secondo il contratto. La transazione è stata eseguita tramite la loro nuova piattaforma di Trade Finance in collaborazione con Bloxcross, progettata per facilitare operazioni commerciali globali più rapide ed efficienti. L'azienda si aspetta che ciò porti a contratti di zucchero estremamente redditizi con spedizioni mensili durante tutto l’anno.
JP3E Holdings (OTC: SPZI) ha completado con éxito su envío inicial de 300 toneladas métricas de azúcar ICUMSA 45 de Brasil a Turquía a través de su filial JP Energy Global. Esta entrega inicia un año completo de entregas programadas de azúcar bajo el contrato. La transacción se llevó a cabo a través de su recientemente lanzada plataforma de Financiación Comercial en asociación con Bloxcross, diseñada para facilitar operaciones comerciales globales más rápidas y eficientes. La empresa espera que esto resulte en contratos de azúcar extremadamente rentables con envíos mensuales durante todo el año.
JP3E Holdings (OTC: SPZI)는 브라질에서 터키로 300미터 톤의 ICUMSA 45 설탕의 초기 발송을 성공적으로 완료했습니다. 이번 배송은 계약에 따른 설탕 배송이 예정된 1년을 시작하는 것입니다. 이번 거래는 Bloxcross와의 제휴를 통해 새롭게 시작한 무역 금융 플랫폼을 통해 이루어졌으며, 이는 글로벌 거래 운영을 보다 빠르고 효율적으로 수행할 수 있도록 설계되었습니다. 회사는 이를 통해 매달 배송되는 설탕 계약에서 매우 수익성이 높은 결과를 기대하고 있습니다.
JP3E Holdings (OTC: SPZI) a réussi à compléter son expédition initiale de 300 tonnes métriques de sucre ICUMSA 45 du Brésil vers la Turquie via sa filiale JP Energy Global. Cette livraison marque le début d'une année complète de livraisons de sucre prévues selon le contrat. La transaction a été réalisée via leur nouvelle plateforme de financement commercial en partenariat avec Bloxcross, conçue pour faciliter les opérations commerciales mondiales plus rapides et plus efficaces. L'entreprise s'attend à ce que cela mène à des contrats de sucre extrêmement rentables avec des expéditions mensuelles tout au long de l'année.
JP3E Holdings (OTC: SPZI) hat erfolgreich die erste Sendung von 300 metrischen Tonnen ICUMSA 45 Zucker aus Brasilien in die Türkei über ihre Tochtergesellschaft JP Energy Global abgeschlossen. Diese Lieferung markiert den Beginn eines vollen Jahres geplanter Zuckerlieferungen im Rahmen des Vertrages. Die Transaktion wurde über die neu gestartete Handelsfinanzierungsplattform in Partnerschaft mit Bloxcross abgewickelt, die darauf ausgelegt ist, globale Handelsoperationen schneller und effizienter zu gestalten. Das Unternehmen erwartet, dass dies zu äußerst profitablen Zuckerabschlüssen mit monatlichen Lieferungen im gesamten Jahr führen wird.
- Successfully completed first delivery of 300 metric tons of sugar
- Secured contract for full year of sugar deliveries
- Launched new Trade Finance platform with Bloxcross
- None.
SOMERSET, N.J., Nov. 21, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (OTC: SPZI), through its wholly owned subsidiary, JP Energy Global, PTE, LTD, per contract, successfully shipped 300 metric tons of ICUMSA 45 Sugar to the purchaser. This initial sugar delivery triggers the allocation of the full year of sugar deliveries.
The origin of the shipment was Brazil, South America, destined for Turkey. This inaugural transaction, negotiated and funded through our newly launched Trade Finance platform in collaboration with Bloxcross, highlights the success of our innovative approach to global trade, enabling faster and more efficient outcomes. This sugar delivery, fortified by Bloxcross’ trade financing platform, solidifies the supply chain, elevating and enhancing our business operations, facilitating sugars contracts of monthly shipments spanning an entire year of extremely profitable sugar contracts.
This foundational sugar transaction, enabled by our newly launched Bloxcross Trade Finance platform, evidences the strength and dynamic nature of our innovative global trade approach.
“The Bloxcross Trade Finance platform is the glue, locking in these very profitable transactions, particularly while spanning several months and multiple shipments," said John K. Park, Chairman and President of JP3E.
Diego Baez, CEO of Bloxcross, Inc. and CEO of JP3E, added, “With the Bloxcross platform, we're transforming trade finance by enabling seamless transactions and enhancing profitability. This shipment marks the beginning of even greater opportunities."
This shipment confirms a new horizon for the growth of JP3E as we persist in multiplying the growth of our operations in the global commodity trading market to achieve new levels of unprecedented profitability, transaction after transaction, commodity after commodity.
To receive information on JP3E, sign up for email news alerts at https://www.jp3e.com/subscription.
For additional information on the Global Trade Financing Platform via Bloxcross, Inc., contact sgallegos@bloxcross.com.
About JP 3E Holdings, Inc.
JP3E is a global leader in commodity trading, known for its innovative approach to optimizing trade processes and solutions across numerous sectors. With a commitment to sustainability and market leadership, JP3E continues to drive new trends and solutions in global commodity markets.
About Bloxcross, Inc.
Bloxcross is at the forefront of financial technology, specializing in blockchain-based solutions for cross-border payments and trade finance. Dedicated to streamlining global financial transactions, Bloxcross provides secure, fast, and cost-effective services to clients worldwide. To learn more about their groundbreaking solutions, visit https://www.blox.global/.
Company Contact:
John K. Park, Chairman
john.park@jp3eholdings.com
732-241-0598 (Office)
Websites: https://www.jp3e.com/
https://www.jp3eholdings.com/
Twitter: http://www.twitter.com/SpoozInc
Facebook: http://www.Facebook.com/SpoozInc
E-Mail: info@jp3e.com
Safe Harbor Notice
Certain statements contained herein are “forward-looking statements” (as defined in the Private Securities Litigation Reform Act of 1995). The Companies caution that statements, and assumptions made in this news release constitute forward-looking statements and make no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, and estimates made by management. Actual results could differ materially from current projections or implied results. The Companies undertake no obligation to revise these statements following the date of this news release.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/320464d5-ef58-42ce-ab10-b4701d8d01ba
FAQ
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