if you check it out, they have a contract for 150,000 tons per month of sun oil from 3 refineries, which is 1.8M tons per year. that is nearly half of the output from the top producing country.
they aren't producing that sun oil, but they are the middleman on it so who knows what their cut is, but sun oil is $1000 per ton so its a $1.8B contract per year After just six months in business, RIE’s clients have to come to realize that RIE is better suited to have control of their contract activities. These are initially related to the purchase and resell of Food Grade Oils - eg Olive Oil, Palm Oil, Rapeseed Oil (both crude and refined) and especially Sunflower Oil (also both crude and refined versions).
Greg Gustin Add to contacts 4:46 PM 9/1714 [Keep this message at the top of your inbox] To: xxxx Cc: Dr. Ángel Rodríguez Alonso Greg.Gustin@ravenswood-usa.com
we are VERY excited about the potential to close on our acquisition(s) and to consolidate several of our business departments first - we are like the turtle = eventually the hare