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  • Kolmar Group AG Selects SolArc RightAngle for Global Trading and Risk Operations

    Published on January 13, 2011

    United States:  Kolmar Group AG has selected SolArc’s RightAngle™ integrated application suite to manage its global trading and risk operations.

    Kolmar Group is a “virtual” integrated petroleum and petrochemicals company with headquarters in Zug, Switzerland, and marketing, chartering and storage operations in more than 20 locations around the world.

    “SolArc’s RightAngle suite provides us with the tools we need to enhance our operational efficiency, provide exceptional added value to our customers, and grow our business,” said Drs. Steven Sandelowsky, Director of Information Technology for Kolmar Group. “Having a single vendor capable of meeting all our complex trading and risk management requirements was one of our primary objectives when we began the search to replace our existing software system, and SolArc’s RightAngle gives us both unparalleled insight into the global trading environment, and outstanding control of our operations.”

    The SolArc RightAngle solution will be implemented across Kolmar’s entire functional and geographic network, providing Kolmar’s trading staff with the tools needed to more effectively manage the company’s operations, which include sourcing and marketing of a wide range of fuels, industrial alcohols, solvents, aromatics, fiber intermediates and other energy-based commodities.

    “The addition of Kolmar Group to our growing portfolio of customers is significant because of its business model as a physical trading company,” said Brad Anderson, CEO of SolArc. “Kolmar’s continued growth is evidence of the value they provide to customers across the energy spectrum, and SolArc is pleased to partner with this forward-thinking organization and demonstrate our expertise in this market.”

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