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Levinger Regens Enters into Contract for Low-Carbon Premium Gasoline

2022-06-24 08:49:05 Business

227 cooperates with a renewable chemicals and advanced biofuels company to expose for trade low-carbon premium gasoline.

Levinger Regens, an established financial advisory and strategic consultancy services provider with deep market knowledge, a dynamic network of information, and derivatives solutions, today announced that it has signed a renewable hydrocarbon purchase and sale agreement with a company developing bio-based alternatives to petroleum-based products. Under this agreement, Levinger Regens is expected to take delivery of renewable hydrocarbons, especially low-carbon premium gasoline.

This agreement will support Levinger Regens to develop the market for low-carbon fuels including low-carbon premium gasoline and it will also enable it to supply sustainable aviation fuel to both local and international customers who have an increased interest in low-carbon jet fuel.
“The renewable chemicals and advanced biofuels company deals with high-octane gasoline and sustainable aviation fuel that are a good match for Levinger Regens’ existing fuels market, thus helping the two parties integrate the low-carbon options consistently into their supply chains. We are expecting that low-carbon fuels will give our customers the possibility to significantly decrease the carbon footprint”, said Chung Sang-hoon, one of the Oil Trading Team Leaders.

The agreement represents natural compatibility between the two parties which will help direct the expansion of the renewable fuels product offerings. Levinger Regens has made an extra step towards development by cooperating with a strategic partner that has an exclusive business system due to the fact that it integrates sustainable agriculture and biorefining in order to produce sustainable aviation fuels and low-carbon premium gasoline.

Using a low-carbon ecosystem is essential for both parties as the common focus is to continue having a positive influence on the transition towards a low-carbon economy. The agreement is subject to certain conditions, including the achievement of a production facility that will help produce the renewable hydrocarbon products revealed in the agreement as well as ensuring the necessary funds to implement the suggested production facility.

About Levinger Regens is an established financial advisory and strategic consultancy services provider with deep market knowledge, a dynamic network of information, and derivatives solutions. Levinger Regens specializes in commodity, futures and options trading with an extensive reach throughout the Asia-Pacific region and offers its clientele a hoard of beneficial market solutions. The company’s services include commodity and futures trading, wealth and financial planning, brokerage and investment advisory and more. The company works alongside traders, investors, farmers, producers, manufacturers, retailers, governments, and other organizations to fulfill a common purpose - to serve the world in a safe, responsible, and sustainable way.

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