DCC’s initial push into the U.S. propane market represents a “logical business evolution” for the major European player, says a company official overseeing U.S. operations.
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SHV Energy will be the exclusive distributor of renewable propane from Neste’s Rotterdam, Netherlands, refinery, supplying 160,000 tons over four years.
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Pinnacle Propane acquired Coyote Fuels, a bulk propane retailer and distributor in Corpus Christi, Texas, and the South Eagle Ford basin.
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American Midstream Partners plans to sell its propane assets, including Pinnacle Propane locations, to SHV Energy.
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A race to establish market share is brewing among competing biopropane developers eager to commercialize a technology that…
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