What does Promercium do?
“Promercium is in the physical commodity trading business”
“Promercium is the public brand of Promercium Ltd, an independent commodity trader and physical commodity trading company headquartered in Leoben, Austria, active in oil products, fertilizer, shipping and chartering.”
“Promercium is in the physical commodity trading business”
“Commodities trading is the buying and selling of raw materials. Examples of commodities are precious metals, like gold and silver, agricultural products, such as cocoa, and energy products, including oil and natural gas.”
“The Company focuses on trading oil and petroleum products such as crude, gasoline, fuel oil, natural gas, and biodiesel.”
“Because commodities are not produced where they are consumed. Commodities trading houses take the risk of moving commodities from A to B.”
“Promercium is headquartered in the City of London, United Kingdom, with office contact points including Vienna, Austria.”
“Since 2016, Promercium has been majority owned by the company's Chairman and CEO, Maurice Pointner.”
“Among the sectors of Crude Oil, NGL, Light & Middle Distillates that that we currently operate in, we target to grow particularly in the fields of Light & Middle Distillates.”
“Risk management is a core part of Promercium’s operations, helping the Company manage price volatility, logistics challenges, and counterparty risk in global commodity markets.”
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