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Lansing Trade Group, LLC announces the formation of natural gas liquids trading group led by Larry Payne
(OVERLAND PARK, KS) — April 28, 2010 — Lansing Trade Group, LLC ("LTG"), is pleased to announce that it is expanding its commodities physical trading activity to include natural gas liquids ("NGL"). Larry Payne, who recently joined LTG, will be responsible for development of this new commodities segment for the Company.
"Larry brings over 36 years building natural gas liquids trading businesses for several midstream
energy companies engaged in supply and marketing of NGLs," commented Scott Mills, Executive Vice
President overseeing North American Trading for Lansing Trade Group, LLC. "Larry's knowledge of the
commodities, suppliers, customers and companies involved in the logistics of NGL will be a solid base upon
which to enter this market," Scott said.
"Lansing's commitment to growth in commodities trading through entering new markets, service to
new and existing customers and investment in infrastructure, make it an exciting company with which to
be associated. It has assembled a leadership team that cultivates an entrepreneurial environment within
which we can jointly grow this business", commented Larry Payne.
The NGL market segment has a strong strategic fit with LTG's Bio fuels business and allows LTG to build
relationships with new and existing customers.
About Lansing Trade Group, LLC
Lansing Trade Group is a privately owned firm formed in 1931. The current ownership group has grown Lansing
into a national trading company, growing beyond its grain roots with growth into the energy market. Lansing
Trade Group trades whole grains, feed ingredients, and energy products, including biodiesel, in U.S. domestic
and export markets. Company headquarters are in Overland Park, Kansas. Additional information is available
online at www.lansingtradegroup.com.
For additional information contact:
Scott Mills- Executive Vice President overseeing North American Trading for Lansing Trade Group, LLC.
Phone 913 748 4327
Larry Payne-President – Lansing NGL Services
Phone 918 625 7238
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