JP 3E Holdings, Inc. (OTC: SPZI) announced in a press release today that its wholly owned subsidiary, JP Energy Global, PTE, LTD, per contract, successfully shipped 300 metric tons of ICUMSA 45 Sugar to a purchaser.
The shipment’s origin was Brazil, South America, destined for Turkey and was the firm’s inaugural transaction, negotiated and funded through the newly launched Trade Finance platform in collaboration with Bloxcross. This highlights the success of an 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 the newly launched Bloxcross Trade Finance platform, evidences the strength and dynamic nature of an innovative global trade approach.
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