LONDON, May 22, 2024 /PRNewswire/ -- ION
Commodities, a global leader in energy and commodity
management solutions, is proud to announce that Raízen
Energia (Raízen), the world's largest sugar exporter and
cellulosic ethanol producer, has selected ION's
TriplePoint solution to manage its extensive commodities
portfolios of sugar, biofuels, fossil fuels, and renewable
certificates.
Raízen plays a significant role in the global bioenergy market,
serving over 50 million end consumers annually with 35 billion
liters of fuel sold, 11.3 million tons of sugar sold, and 3 billion
liters of cane ethanol produced. Raízen has made substantial
investments in reshaping the future of clean, sustainable energy,
aligning with the growing demand for cleaner fuels and enhancing
the value extracted from crops and by-products.
In a market heavily impacted by volatile prices, shifting
geopolitics, and frequent weather-borne supply chain disruptions,
managing an intricate sugar, biofuel and fossil fuel blending
supply chain is beset with complexities. It necessitates a holistic
approach that incorporates operational excellence, sustainability,
regulatory compliance, and technological advancements to ensure
long-term success. Raízen sought a solution capable of managing
trading activities, assessing real-time market exposure, evaluating
operational plans, and optimizing logistics within a unified
system.
Raízen opted for TriplePoint, ION's Commodity Trading and Risk
Management (CTRM) solution, due to its comprehensive,
out-of-the-box, end-to-end capabilities and sophisticated risk
engine. Notably, TriplePoint stands out as one of the few solutions
in the market that supports agricultural trading, biofuels, fossil
fuels, and renewable credits—all within a single system. By
implementing TriplePoint, Raízen gains the agility to act swiftly
in today's dynamic market. The solution will seamlessly integrate
Raízen's business operations, enabling timely identification and
mitigation of operational risks. Additionally, the company can
leverage granular, real-time data insights to make more informed
market decisions.
"As global demand for biofuels continues to rise, we sought a
strategic partner with a proven industry capacity to support and
accelerate our business growth and fulfil our ambitions to progress
into the next phase of our digital transformation. By working with
ION to implement TriplePoint, we can optimize our trading
operations and leverage consolidated insights across our key
verticals in sugar and ethanol," says Fábio Sant'Anna, Director
of Trading Operations, Raízen.
The transformative project for Raízen's international and
domestic business is underway in Brazil. The initial phase involves onboarding
international sugar and biofuels trading onto TriplePoint, slated
for completion by mid 2024. With sustainability at the forefront,
this phase also offers Raízen a digital pathway to manage ISCC and
Bonsucro certificate workflows. Subsequently, the project will
transition to the domestic phase, empowering Raízen to fully
leverage ION's TriplePoint for strategic objectives.
"We take immense pride in our partnership with Raízen, a true
pioneer in driving the transition toward clean and sustainable
energy. At ION, our unwavering commitment lies in shaping the
future of energy alongside companies like Raízen and the industry
at large. We partner with our clients to implement innovative
best-in-class solutions, empowering their success in the intricate
and diverse energy markets," says Sunil
Biswas, Chief Product Officer at ION Commodities.
About ION
ION provides mission-critical trading and workflow automation
software, high-value analytics and insights, and strategic
consulting to financial institutions, central banks, governments,
and corporates. Our solutions and services simplify complex
processes, boost efficiency, and enable better decision-making. We
build long-term partnerships with our clients, helping transform
their businesses for sustained success through continuous
innovation. For more information, visit
https://iongroup.com/.
About ION Commodities
ION Commodities delivers data-driven energy and commodities
trading and risk management solutions across the supply chain. Our
scalable ETRM and CTRM solutions equip clients with real-time risk
analytics and reporting, minimize supply chain risks, automate
critical business processes, and make faster, more informed
decisions. We provide full support and transparency for
procurement, supply, and trading to a global community of over
1,200 clients. For more information, visit
https://iongroup.com/commodities/.
About Raízen Energia
Reshaping the future of energy, Raízen has a broad portfolio of
renewable solutions and unique business model to lead its markets
and drive the global energy transition. Causing positive impacts
for all stakeholders, Raízen is committed to generating today the
energy of tomorrow through sustainable and profitable growth guided
by viable and solid goals aligned with its purpose.
With advanced proprietary technologies, Raízen has expanded its
renewables portfolio with products such as second-generation
ethanol (E2G), biogas, biomethane and bioelectricity generated from
100% clean energy sources. Since its inception, Raízen
already has avoided 30 million tons of CO2 emissions, and its goal
is to expand the decarbonization potential of its products by
avoiding over 10 million tons of CO2 emissions per year. Raízen is
one of Brazil's largest companies.
The company creates new jobs, generates income, drives economic
growth and causes positive social impacts through various
initiatives, notably the Raízen Foundation, a not-for-profit
institution dedicated for over 20 years to educating children and
young adults in socially vulnerable situations.
All product and company names herein may be trademarks of
their registered owners.
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