FUELING THE FUTURE: McDonald & McDonald, M7 HUVO 1, and Delight Korea Unveil Groundbreaking Partnership

Singapore, October 2024 — McDonald & McDonald, M7 HUVO 1 Fuel Trading Corp., and Delight Korea Co. Ltd. have signed a historic agreement at the Mercure Icon Hotel, marking a transformative moment in the global fuel trading industry. The deal, which involves the supply of 500,000 metric tons (MT) of EN 590 10ppm Ultra-Low Sulfur Diesel (ULSD), is expected to reshape energy markets and fuel supply chains in Asia.

Key Highlights:

• 500,000 MT of EN 590 10ppm ULSD to be supplied by M7 HUVO 1 to Delight Korea via CIF Ulsan Port, Korea.

• McDonald & McDonald will facilitate the delivery as the main supplier, enhancing logistical efficiency.

• M7 HUVO 1 expands its global presence with additional FOB (Free on Board) transactions in key locations including Jurong, Fujairah, and Rotterdam.

A New Era in Fuel Trading

The signing of this agreement represents more than just a commercial transaction—it is a step toward a new era of fuel trading, marked by long-term partnerships and a commitment to innovation. M7 HUVO 1's President and CEO shared the company's vision:

"Fuel trading is about building relationships, not overnight deals. We prioritize long-term partnerships, integrity, and respect. Our philosophy is 'Fuel is relationship building.' We protect our reputation and integrity at all costs."

Industry Implications:

This landmark deal is set to have far-reaching implications across the energy sector:

• Enhanced Energy Security: Delight Korea will benefit from a reliable, high-quality fuel supply, strengthening its energy security.

• Strengthened Supply Chain: McDonald & McDonald's role as the main supplier will ensure seamless deliveries and increased supply chain efficiency.

• Innovation & Cooperation: The partnership will foster greater cooperation and innovation within the fuel trading sector, setting a new standard for future industry collaborations.

A Brighter Future

M7 HUVO 1 remains steadfast in its commitment to upholding the highest standards of integrity, respect, and professionalism in all its transactions. The company’s leadership emphasized that this partnership is just the beginning of a brighter, more sustainable future for the fuel trading industry.

"We are committed to protecting our integrity, prioritizing respect in every interaction, and building lasting trust with all our partners," said the CEO.

This historic partnership sets the stage for continued growth and innovation in the global fuel trade, underpinned by strong relationships, operational excellence, and a shared vision for the future.

About M7 HUVO 1 Fuel Trading Corp.
M7 HUVO 1 FUEL TRADING CORP. is a Philippines-based company specializing in international fuel trading. It was founded by two Filipino partners: Mr. Emmanuel M. Alvarez, the President and CEO, originally from Gapan City, Nueva Ecija, and now residing in Metro Manila; and Mr. Camilo M. Gonzales, from Paniqui, Tarlac, who has lived in Saudi Arabia for about 45 years.

About McDonald & McDonald
McDonald & McDonald is a prominent supplier in the global fuel market, specializing in the delivery of high-quality energy products across the world. Their network and infrastructure ensure seamless logistics and reliable fuel supply to clients worldwide.

About Delight Korea Co. Ltd.
Delight Korea is a major energy company in South Korea, focused on providing secure and sustainable fuel solutions to a wide range of industries, from transportation to power generation.

For more information, please contact:
M7 HUVO 1 Fuel Trading Corp.
Phone: +63 927 211 1111
Email: mannyalvarez_pres-ceo@m7philippines.com