Premcor seeks ethanol proposals

By | January 01, 2004
Premcor Refining Group Inc. (PRG), a wholly-owned subsidiary of Premcor Inc., issued a tender for soliciting proposals from qualified ethanol suppliers in early January, according to PRG spokesman Joe Watson.

After the Jan. 15 deadline for proposals, the company will award one supplier with the entire demand of its ethanol requirements. The winning supplier will be required to provide product and inventory management at the company's designated locations. Delivery under the new contract could begin around Apr. 1.

PRG is one of the largest independent petroleum refiners and suppliers of unbranded petroleum products in the United States. The company owns and operates refineries in Port Arthur, Texas, Lima, Ohio, and Memphis, Tenn. with a combined oil throughput capacity of approximately 610,000 barrels per day.

Premcor's ethanol contracts could possibly last six months to a year, depending on negotiations, according to spokesman Michael Taylor. The contract would be renewable at the end of each term. For more information, contact Bernie Topper at (203) 698-7517 or Bob Luby at (203) 698-7516 or visit. www.premcor.com.
~Staff Report