Raízen, the worldwide powerhouse in sugar and biofuels manufacturing, selects ION’s TriplePoint for its strategic digital evolution.
ION Commodities, a world chief in vitality and commodity administration options, is proud to announce that Raízen Energia (Raízen), the world’s largest sugar exporter and cellulosic ethanol producer, has chosen ION’s TriplePoint resolution to handle its in depth commodities portfolios of sugar, biofuels, fossil fuels, and renewable certificates.
Raízen performs a big function within the international bioenergy market, serving over 50 million finish shoppers yearly with 35 billion liters of gasoline bought, 11.3 million tons of sugar bought, and three billion liters of cane ethanol produced. Raízen has made substantial investments in reshaping the way forward for clear, sustainable vitality, aligning with the rising demand for cleaner fuels and enhancing the worth extracted from crops and by-products.
In a market closely impacted by unstable costs, shifting geopolitics, and frequent weather-borne provide chain disruptions, managing an intricate sugar, biofuel and fossil gasoline mixing provide chain is beset with complexities. It necessitates a holistic method that comes with operational excellence, sustainability, regulatory compliance, and technological developments to make sure long-term success. Raízen sought an answer able to managing buying and selling actions, assessing real-time market publicity, evaluating operational plans, and optimizing logistics inside a unified system.
Raízen opted for TriplePoint, ION’s Commodity Buying and selling and Threat Administration (CTRM) resolution, on account of its complete, out-of-the-box, end-to-end capabilities and complex danger engine. Notably, TriplePoint stands out as one of many few options available in the market that helps agricultural buying and selling, biofuels, fossil fuels, and renewable credit—all inside a single system. By implementing TriplePoint, Raízen positive aspects the agility to behave swiftly in as we speak’s dynamic market. The answer will seamlessly combine Raízen’s enterprise operations, enabling well timed identification and mitigation of operational dangers. Moreover, the corporate can leverage granular, real-time information insights to make extra knowledgeable market selections.
Fábio Sant’Anna, Director of Buying and selling Operations, Raízen, mentioned:
As international demand for biofuels continues to rise, we sought a strategic accomplice with a confirmed business capability to assist and speed up our enterprise progress and fulfil our ambitions to progress into the subsequent part of our digital transformation.
“By working with ION to implement TriplePoint, we will optimize our buying and selling operations and leverage consolidated insights throughout our key verticals in sugar and ethanol,”
The transformative undertaking for Raízen’s worldwide and home enterprise is underway in Brazil. The preliminary part includes onboarding worldwide sugar and biofuels buying and selling onto TriplePoint, slated for completion by mid 2024. With sustainability on the forefront, this part additionally presents Raízen a digital pathway to handle ISCC and Bonsucro certificates workflows. Subsequently, the undertaking will transition to the home part, empowering Raízen to completely leverage ION’s TriplePoint for strategic targets.
Sunil Biswas, Chief Product Officer at ION Commodities, mentioned:
We take immense pleasure in our partnership with Raízen, a real pioneer in driving the transition towards clear and sustainable vitality.
“At ION, our unwavering dedication lies in shaping the way forward for vitality alongside firms like Raízen and the business at massive. We accomplice with our shoppers to implement progressive best-in-class options, empowering their success within the intricate and numerous vitality markets,”
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Raízen, the worldwide powerhouse in sugar and biofuels manufacturing, selects ION’s TriplePoint for its strategic digital evolution. supply
