Titan Global Holdings, which holds fuel retail and distribution assets, has announced the formation of Titan Global Energy Resources, and has appointed James Peeples as the executive vice president of the newly formed company.
Titan has reportedly formed Titan Global Energy Resources (Tiger) in response to the unprecedented run up in worldwide fuel prices and the widely accepted view that high energy demand and fuel prices are a permanent part of the macroeconomic global landscape. Titan and its team of energy executives will seek to exploit the opportunities these global challenges have created.
Tiger’s stated mission is to develop domestic and international biofuels energy availability and commodity trade opportunities, creating supply chain network advantages for Titan’s growing family of companies and other customers for biofuels, including ethanol and biodiesel, feedstocks, and conventional fuels and fuel products.
Other opportunities for Tiger include the development of fuel, storage and delivery networks with Titan’s established and emerging fuel producers and marketers. These will include infrastructure investments to enhance logistical efficiency and capacity improvements in fuel terminals, port facilities and railroads, facilitating availability, cost advantages and increased end use of alternative and sustainable renewable fuels.
Bryan Chance, president and CEO of Titan Global Holdings, said: Jim has developed a solid network of professional relationships with government agencies and the private sector from feedstock and agriculture to biofuel and petroleum product processing and refining, as well as the distribution of such products. As well, Jim brings to Titan Energy hands-on biofuel implementation, utilization and project management experience with outstanding skills in recruiting and networking opportunities within the related industries.