Promercium
Promercium: “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.”
What does Promercium do?
“Promercium is in the physical commodity trading business”
View in the company profileWhat is commodities trading?
“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.”
View in the company profileWhich commodities do Promercium trade?
“The Company focuses on trading oil and petroleum products such as crude, gasoline, fuel oil, natural gas, and biodiesel.”
View in the company profileWhy do commodities trading houses exist?
“Because commodities are not produced where they are consumed. Commodities trading houses take the risk of moving commodities from A to B.”
View in the company profileWhere do Promercium operate?
“Promercium serves customers worldwide.”
View in the company profileWhere is Promercium located?
“Promercium is headquartered in the City of London, United Kingdom, with office contact points including Vienna, Austria.”
View in the company profileWho owns Promercium?
“Since 2016, Promercium has been majority owned by the company's Chairman and CEO, Maurice Pointner.”
View in the company profileIn which sectors does Promercium target growth?
“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.”
View in the company profileWhat role does risk management play in Promercium’s business?
“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.”
View in the company profile