Houston, TX, May 04, 2011 --(PR.com
)-- Trinergy Corporation, a Houston based energy company today announced that based on existing production contracts with several refinery and bulk supply partners, its international trading division, Trinergy Energy Trading has been forced to secure short, mid and long term lease contracts with storage and pipeline facilities in order to procure its business and offers of blended petrochemical products to its customer base.
“Recent pricing changes in the industry has forced companies like us to become more aggressive in our supply contracts, pricing and execution requirements,” comments Geno Brunton, CEO of the oil syndicate. “However regardless of oil supply or funding to purchase, unless the client has the storage and logistics to facilitate the movement and storage of their fuel, then they’re wasting time and resources.”
Trinergy Corporation supplies gasoline, diesel and jet fuel product to customers globally via pipeline and tanks storage facilities in 49 contiguous US states and via Rotterdam in the Netherlands; this does not mean that the company will not ship to other ports as required by clients, however it requires that clients must execute all proper documentation and logistics prior to placing orders; the company warns clients of steadily increasing pricing in the coming months and urges its new clients to secure its storage in advance to adequately facilitate the monthly purchase amounts. Trinergy supplies fuel to Governments and directly to end-user clients such as airlines, shipping and trucking companies, gas station chains and trade desks. The company does not, however, sell its fuel to or via brokers.
About Trinergy Corporation
Trinergy Corporation, is a privately held company based in Houston, TX. The company currently has several subsidiaries: Trinergy Energy Trading, Brunton Energy (divisions - Solenergy Corporation & SkyWell Technologies) and Brunton Oil. Management adds shareholder value by increasing distribution of its oil & petrochemical product within the US market, increasing margins on fuel sales while reducing costs to the wholesale & retail (consumer sector). Please visit trinergycorp.com for more information.
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This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, Trinergy Corporation’s expectations of business and financial results in this press release contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including risks related to: possible delays in the closing of the transaction contemplated by the acquisition agreement, which may be caused by factors outside of the control of Trinergy Corporation; Although the company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions at the time made, it can give no assurance that its expectations will be achieved. Readers are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements are inherently subject to unpredictable and unanticipated risks, trends and uncertainties such as the company's inability to accurately forecast its operating results; the company's potential inability to achieve profitability or generate positive cash flow; the availability of financing; and other risks associated with the company's business.