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World Biofuels
Symposium
November 13-15, 2005
Beijing, China
2nd Annual Canadian Renewable Fuels Summit
December 13-15, 2005
Toronto, Ontario, Canada
Hosted by:
Candadian Renewable Fuels
Association
National Biodiesel
Conference & Expo 2006
February 5-8, 2006
San Diego, California
Organizer:
National Biodiesel Board
11th Annual
National Ethanol Conference: "Policy & Marketing"
February 20-22, 2006
Las Vegas, Nevada, USA
Sponsored by:
Renewable Fuels Association
22nd
Annual International Fuel Ethanol Workshop & Expo
June 20-23, 2006
Milwaukee, Wisconsin, USA
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Posted on
June 21, 2001Minnesota Governor Jesse Ventura Speaks at 2001 FEW in St. Paul, Minnesota Other News
American Ethanol Exchange Launches AMETHEX Online Marketplace
American Ethanol Exchange today announced at the International Fuel Ethanol Workshop and Trade Show their plans to launch the company's new online exchange. AMETHEX (TM), an acronym for American Ethanol Exchange, is a neutral electronic marketplace designed to generate time and cost savings by improving business processes and increasing efficiencies throughout the global ethanol industry. Registered users can begin transacting through the AMETHEX trading platform on June 29, 2001.
``AMETHEX is unique in that we are the first online marketplace focused solely on trading ethanol and other alcohols,'' said Rory Baker, vice president of marketing and business development at AMETHEX. ``Our trading platform is not a new concept in marketing but will provide an Internet-based tool for the ethanol industry using the traditional marketing concepts of bids, offers, counter-offers and open negotiation.''
The most significant feature of the AMETHEX marketplace is its real-time capability. When trading through the web site, buyers and sellers will benefit from real-time secure trade negotiations and real-time price discovery as well as immediate accessibility to new buyers and sellers around the globe.
``The petroleum industry, as well as other commodities, have had the advantage of real-time price discovery available through their various forms of both cash and futures markets for many years. The ethanol industry has been in dire need of this capability and AMETHEX will provide this type of crucial information to its marketplace, '' said Chet Perry, president and chief executive officer at AMETHEX. ``We feel that moving the buying and selling of ethanol online is the next natural step for our industry, leveraging today's technology to improve the trading process.''
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