Murex LLC, a leading domestic US ethanol marketer and distributer, has announced further market growth with the execution of a multi-year ethanol marketing agreement with White Energy. The agreement calls for Murex LLC to market all three of White Energy's production locations, two in Texas and one in Kansas, totalling 295 million gal./y of permitted ethanol production.
"Murex is privileged to represent White Energy in the ethanol marketplace. We look forward to the success this partnership will afford both parties," stated Robert Wright, President of Murex LLC.
According to Don Gales, CEO of White Energy, "We look forward to the integration of our ethanol volume with the other marketing partners of Murex to optimise our financial success in the future."
Murex LLC, headquartered in Plano, Texas, maintains more than 30 million gallons of dedicated coastal storage capacity, allowing ethanol producers access to South American, European, African, Middle Eastern and Asian markets – reducing the growing gap between ethanol production and domestic demand. In addition to domestic ethanol marketing and its focus on export ethanol, Murex LLC provides customer-based marketing services for crude oil, methanol and other gasoline blend stocks.
White Energy, established in 2006 is headquartered in Dallas, Texas and was founded to build and acquire ethanol production projects and today is the dominant producer in the State of Texas and is positioned among the top ethanol producers in the US.
Adapted from press release by Francesca Brindle
Read the article online at: https://www.hydrocarbonengineering.com/clean-fuels/21032016/white-energy-murex-llc-announce-ethanol-marketing-agreement-2807/