Tank sleeves revisited
April 1, 2008 By Jay Johnston
A few months ago I wrote an article called To sleeve or not to sleeve. It generated a great response.
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A few months ago I wrote an article called To sleeve or not to sleeve. It generated a great response.
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Scientists and engineers are on top of the quest for non-steel alternatives for tank construction, breaking new ground in researching suitable composite materials slated for below-grade applications.
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We all are basically in the same business, yet it is a curious fact that many of us see value in a very different way. This difference is important to understand as we attempt to grow and presumably increase the value of our companies.
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Usually described as the busy season, winter brings with it many good things for propane markets in colder climates.
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When the CLEAR Act passed the House and Senate late last summer, and was signed into law in August, many in the propane industry were thrilled with the possibilities. With tax credits now available for the implementation and use of alternative fuel in cleaner, more environmentally friendly vehicles, propane sales were sure to grow.
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Tank refurbishing is becoming a popular option for propane marketers looking to beat the high cost of new storage and turn idle assets into productive settings for residential customers.
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Have you evaluated the impact that higher capital outlay will have on your return on investment?
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Customers routinely expect their propane tanks to have an attractive finish and be functionally up-to-date. Yet setting new tanks can be most unsettling as surging raw material costs amid a red-hot worldwide steel market are pumping up the prices you pay for storage vessels of all sizes.
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You’re going to have to dig a little deeper to put steel in the ground this summer.
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