A multi facility industrial specialty chemical manufacturer and large natural gas consumer wants to continually find ways to mitigate the rising cost of energy, as it has a direct correlation to the companies bottom line profitability.
Using natural gas as a feed stock for their process, this client needed someone that is aware of the impact that volatile energy prices can have on a company. After consulting with the group to ensure that we knew exactly that they wanted to achieve, it was then our task to develop a program where by they could accomplish the goals.
Enhanced Energy began to strategize on ways to accomplish this goal, and through a dynamic portfolio management program we were able to offer the client a way to navigate through the volatile energy markets through the use of financial instruments, physical supply considerations, and an overall knowledge base that out performs most energy commodity suppliers.
With continued layering in of energy requirements, the client has generated upwards of $750,000 in risk mitigation (or savings versus budget) for 2006.