JP Energy Global has signed a contract to supply ICUMSA 45 Sugar from Brazil for $617.5 million within a year.

The subsidiary of JP 3E Holdings, Inc., JP Energy Global, PTE, LTD, formerly known as Spooz, Inc. (OTC Pink: SPZI), has announced the signing of a contract for the supply of ICUMSA 45 Sugar in the total amount of 617,500,000 US dollars. Under the terms of the contract, the company will supply sugar worth 47,500,000 dollars per month for the next 12 months, totaling 570,000,000 dollars annually. There is also an additional trial shipment included, making the total annual amount of planned supplies equal to 617,500,000 US dollars. The cargo will be sourced from Brazil, South America. JP Energy Global, PTE, LTD is registered in the list of foreign exporters of imported food products by the General Customs Administration of China.