May 16, 2024
New World Fuel, a Houston-based leader in NGLs, chemicals and export logistics, has joined forces with UET GLOBAL LLC, a top energy supplier in North America based in Denver, to expand its reach and boost its ability export liquefied petroleum gases (LPGs) and chemicals to its customers inside and outside the United States and Canada.
New World Fuel combines New World Global’s expertise in international trade with UET GLOBAL LLC’s extensive experience in the North American energy sector, financial strength, and entrepreneurial spirit. This partnership is poised to enhance the global supply chain for energy products and chemical solutions.
“With the new New World Fuel, we are leveraging our deep industry knowledge and logistics prowess to meet the growing international demand for LPGs and specialty chemicals,” said Guillermo Torre, President, and owner of New World Global. “Our collaboration with UET GLOBAL LLC will amplify our export capabilities and extend our market reach.”
Tom Smith, President of UET GLOBAL LLC, commented, “This venture with New World Global is a strategic move to diversify our offerings globally and capitalize on new market opportunities. Together, we are set to drive significant growth in the energy and chemical sectors worldwide.”
New World Fuel is committed to sustainability and innovation in its operations, ensuring the highest standards of safety and environmental care in the export and handling of its products. By integrating the strengths of both parent companies, UET Worldwide LLC is uniquely positioned to become a leading player in the international market for LPGs and chemicals.
The joint venture will be headquartered in Houston, Texas, with operations strategically positioned to efficiently serve the global community.
About New World Global
New World Global is a premier chemical and export logistics provider based in Houston, Texas, specializing in the international distribution of NGLs and high-quality chemical products.
About UET GLOBAL LLC
UET GLOBAL LLC, headquartered in Denver, Colorado, is a leading supplier of energy resources in North America, known for its commitment to quality and innovation in the energy sector.
© 2024 United Energy Trading, LLC. | All Rights Reserved.