SOLARC RIGHTANGLE SELECTED BY SHV GAS SUPPLY AND RISK MANAGEMENT TO STANDARDIZE GLOBAL OPERATIONS
HOUSTON (January 21, 2010) - SolArc (www.SolArc.com), a global provider of commodity supply, trading and risk management software solutions, has been selected by SHV Gas Supply and Risk Management to implement SolArc’s RightAngle integrated application suite to deliver a single trading and risk platform across all SHV operations
SHV Gas is headquartered in The Netherlands, with its Supply and Risk Management operations managed in Paris, Vienna and Singapore. SolArc RightAngle is being implemented across all operations for its significant process improvement opportunities, cost savings, and to streamline and automate administrative processes.
“When we set out to find a new solution, our goal was to work with a single vendor that was capable of meeting all our trading and risk management needs,” said Ernst Brandstaetter, General Manager at SHV Gas. “SolArc was able to demonstrate all the functionality we required with a solution that is industry proven. We see opportunities to utilize SolArc’s solution to enhance our operational efficiency and effectiveness, and continue providing the highest possible value to our customers.”
“SHV Gas is a market leader among independent companies in the Liquified Petroleum Gas (LPG) market,” said Ray Hall, Vice President of European Sales at SolArc. “We have worked closely with them to clearly understand their specific market and operational requirements, and have been able to demonstrate how the integrated SolArc solution can meet their needs. Our expertise in liquids and various types of transportation was a key factor in their decision to replace their current system.”
“Earning the confidence of SHV Gas, the largest dedicated global supplier of LPG, is a significant win for SolArc,” said SolArc founder and CEO Brad Anderson. “SHV is at the forefront of the global LPG trading markets and we are proud to add SHV to our rapidly growing list of international companies who have selected SolArc as their technology provider for commodity trading and risk management.”
About SHV Gas
SHV Gas is the largest dedicated global LPG distributor. SHV Gas operates in 27 countries, employs 13,500 people, has a turnover of over € 5 billion, and provides LPG to tens of millions of customers. SHV Gas is part of a family owned organisation that has supplied energy to businesses and consumers for over 100 years. SHV is also currently active in developing a variety of renewable energy technologies through its subsidiary, The Clean Energy Company. For more information, please visit www.shvgas.com.
About SolArc
SolArc provides commodity trading and risk management software and services for customers for commodity-intensive businesses. SolArc's flagship RightAngle integrated application suite and its natural gas-specific product give customers greater insight and control over their commodity trading environments optimizing profitability and operational effectiveness. SolArc also supports its customers by providing implementation and consulting services to ensure proper integration of its software platforms with existing internal systems both before and after implementation.
Founded in 1991, SolArc has been trusted by market-leading corporations across a wide range of vertical industries including energy, transportation, finance, aviation, agriculture and consumer goods around the globe. SolArc is headquartered in Houston and has offices in Tulsa, Oklahoma, London and Singapore.
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