Premier Commodities delay plans for Rotterdam operations
Premier Commodities delay plans for Rotterdam, The Netherlands operation due to the global economics crisis.
Online, December 5, 2009 (Newswire.com) - Premier Commodities announced plans to delay opening up an operation is Rotterdam, The Netherlands due to the global economics crisis. Plans initially was to have an operation in Rotterdam by the 3rd quarter of this year.
Managing Member of Premier Commodities Cedric Griffin stated, " It is not the highest and best use to attempt to expand globally in a downward or recovering economy. We do consider a Rotterdam operations top priority in the future, but it is just not feasible at this time."
Griffin also said the company had identified the person who would be running the Rotterdam operations, but no formalities had been reached or identified, just strong mutual consideration on both sides.
The port of Rotterdam is the largest in Europe and also is one of the world's busiest ports.
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Premier Commodities is an international commodity brokerage established to become a global facilitator between End Sellers and End Buyers, eradicating the illegitimacy and the plethora of middlemen, ensuring a smooth and effortless closing of the products. Partnering up on joint-ventures is also strength of the company.
Premier Commodities specializes in the following commodities: Jet Fuel Aviation Kerosene Colonial Grade 54 & Jet Fuel JP1A, D2 Russian Gas Oil, Mazut M100 Russian, Ethanol, Used Rails & HMS 1&2, Urea, Cement, Soda Ash, Sodium Sulfate Anhydrous, Quartz, Fluorspar Lumps & Powder, and various other Minerals.
Premier Commodities is headquartered in the United States of America and have operations in China, India, and United Arab Emirates. Premier Commodities was founded by Cedric D. Griffin.