SCB Group qualifies as a finalist for Best Risk Solutions Provider in the first Global Grain Awards
Friday, November 03, 2017
Over 20 industry leaders will compete across seven different categories on 14 November in Geneva.
SCB Group has been nominated for Best Risk Solutions Provider for 2017 along with Swiss Re Corporate Solutions.
The winner will be announced at the inaugural Global Grain Award, organised by Global Grain Events. The ceremony will recognise the most successful and influential members of the grain and oilseeds industry on 14 November at the InterContinental Hotel Geneva.
The rest of the categories include Trading Excellence, Best Legal Provider, Quality Control, Innovation, Best Global Commodities Finance Bank and Best Shipping & Logistics Provider.
The Awards will be judged independently by a panel of industry experts, including Emily French, Managing Director of ConsiliAgra, and Dan Basse, President of AgResource.
The ceremony will be a perfect opportunity for celebration and networking as it takes place alongside the annual Global Grain Geneva conference which attracts nearly 1000 grains and oilseeds decision makers.
SCB is the world’s largest biofuel brokerage group of companies and is a market leader in European Grains and Softs as well as carbon reduction credit markets. Founded in 2006, the company’s goal is to promote the adoption of a low carbon future. SCB Group has offices in Chicago, New York, Puerto Rico, London, Nyon and Singapore. The firm also offers global expertise in RINS and other government credit markets as well as glycerine, UCO, tallow and paper swaps on biofuels.
For more information visit www.globalgrainevents.com/awards
CME Group Announces First Trades of New Australian Wheat FOB (Platts) Futures
Wednesday, August 23, 2017
SYDNEY, Aug. 6, 2017 PRNewswire
CME Group, the world's leading and most diverse derivatives marketplace, today announced the first trades of the Australian Wheat FOB (Platts) futures contract, that launched on 24 July 2017. The trade that took place on 3 August 2017 was brokered by SCB Group. A total of 60 futures contracts, equaling 3,000 metric tons, were traded.
"We are very excited to see industry interest and support for the new Australian Wheat FOB (Platts) futures contract," said Tim Andriesen, Managing Director, Agricultural Products, CME Group. "This contract further enhances CME Group's already broad range of hedging and trading tools for managing exposure to wheat price risk around the globe, helping us better serve our wheat customers both globally and in Asia Pacific."
"We are very pleased to broker the first Australian Wheat FOB (Platts) futures contract as it finally provides the global wheat market access to the international export price of Australian wheat via a financially-settled contract," said James McKay, a broker at SCB Group. "It gives the trade a chance to better manage price risk and it will provide industry participants greater flexibility with which to run their businesses, whether they are an exporter, Asian consumer or any other business around the world with an interest in Australian wheat."
This new Australian Wheat FOB (Platts) Futures contract complements CME Group's existing suite of Euro-denominated EU Wheat, Soft Red Winter Wheat (SRW), Hard Red Winter Wheat (HRW) and Black Sea Wheat futures contract. For more information on this new Australian Wheat FOB (Platts) Futures contract, please visit:- http://www.cmegroup.com/trading/agricultural/grain-and-oilseed/australian-wheat-fob-futures.html
Source: CME Group
For further information: Media Contacts, Lee Meng Gan, +65.6593.5564, or Donal McCarthy, +44.20.3379.3799, firstname.lastname@example.org, www.cmegroup.com/media-room.html, or Investor Contact, John Peschier, 312.930.8491
National Biodiesel Board Welcomes New Membership of SCB Brokers
Tuesday, August 22, 2017
Press release on 15 Aug 2017
The National Biodiesel Board welcomes SCB Brokers, LLC. SCB Group is the newest member to NBB, bringing over 10 years of experience working in the biodiesel industry. NBB brings value to members through a strong advocacy presence in Washington, D.C. and in state capitals across the country, a robust technical program, communications resources, and much more.
“We are excited to have SCB join NBB’s membership to help advance the biodiesel industry,” said Brad Shimmens, Director of Operations and Membership. “SCB has sponsored the National Biodiesel Conference in the past, and we are pleased that they see the value NBB brings to the industry and that they are expanding that partnership into becoming a member. We look forward to working closely together to promote America’s Advanced Biofuel from coast to coast.”
SCB Group is the world’s largest biofuel brokerage group of companies and is a market leader in many carbon reduction credit markets such as RINS and LCFS in the United States. As brokers, SCB connects buyers and sellers across the globe. Through increasing price transparency and lower trading costs, SCB serves the commodities industry and promotes the adoption of low carbon fuel and practices.
“We have established successful partnerships in the biodiesel sector for over 10 years,” said Kevin McGeeney, CEO of SCB Brokers. “We are keen to promote the industry and the work of NBB, and we feel we have much to contribute in terms of ideas, knowledge, and experience.”
Made from an increasingly diverse mix of resources such as recycled cooking oil, soybean oil and animal fats, biodiesel is a renewable, clean-burning diesel replacement that can be used in existing diesel engines without modification. It is the nation’s first domestically produced, commercially available advanced biofuel. NBB is the U.S. trade association representing the entire biodiesel value chain, including producers, feedstock suppliers, and fuel distributors, as well as the U.S. renewable diesel industry.
Contact: Cody Graham