August 2023 Issue Highlights

TANKNOLOGY BUYS NORTHWEST TANK & ENVIRON­MENTAL

WOODIN­VILLE, WA. — Northwest Tank and Environmental Services, based in Woodinville, WA., has been acquired by Tanknology in a deal announced in May. The purchase price was not disclosed.

Northwest Tank had been providing UST compliance services in Washington, Oregon, Idaho and Montana. The company had also been conducting meter calibrations in those states as well as California, Hawaii, Nevada, Utah, New Mexico, Wyoming, Colorado, Arizona, Minnesota and Wisconsin.

Tanknology is expected to keep the Northwest Tank staff and technicians as the companies are integrated.

"Northwest Tank and Environmental Services is excited to be joining Tanknology,"said Remy Cano, president of Northwest Tank. "By joining with Tanknology, Northwest Tank will enhance our capacity for delivery of service and be able to offer our customers additional services and resources. As a part of Tanknology our employees will have greater depth and breadth of support and increased opportunities."

"The transaction is expected to provide significant benefits to both companies' customer base by adding highly skilled employees, expanding geographic capacity and offering additional proprietary testing and inspection services," said Allen Porter, Tanknology CEO, announcing the deal.

"I am extremely proud of what Tanknology has accomplished over the last 35 years," Porter continued. "Our objective has always been to meet the compliance needs of our customers and international partners. The integration of Northwest Tank's expertise, services, and processes, further expands this mission and positions Tanknology toward many years of growth and industry leadership."

TARGRAY OPENS PACIFIC NORTHWEST TERMINALS

SPOKANE, WA. — Targray has opened a new biodiesel terminal in June, located Mead, WA., an unincorporated suburb of Spokane.

The new Washington terminal follows the opening of two new Targray biodiesel terminals in Portland and Eugene, Oregon which were announced in March.

In an statement, Targray officials noted the Washington site "is well-positioned to supply high-quality biodiesel fuel and alleviate supply concerns for retailers, distributors, refineries, and fleet operators across the state which has mandated a biodiesel blending requirement since 2006."

In the West, Targray's Biofuels Division operates terminals in Bakersfield, Stockton, Fresno, and Los Angeles in California as well as its new locations in Oregon and Washington. Targray markets and trades biofuels in the United States and Europe from its headquarters outside of Montreal, Canada.

KINDER MORGAN RENEWABLE DIESEL "HUBS"OPERATIONAL

HOUSTON, TX. — Kinder Morgan, Inc. has announced "the full commercial in-service" of its Southern and Northern California renewable diesel (RD) hub projects. The new California hubs are the first in the United States to transport renewable diesel by pipeline to inland terminals.

The Southern California hub has a throughput of up to 20,000 barrels per day of blended diesel. It has been delivering renewable diesel to San Diego since the beginning of February 2023 and began deliveries to Colton in April. The Southern California hub connects marine supplies of renewable diesel coming into the Ports of Los Angeles and Long Beach to the Los Angeles market via the truck rack at SFPP's Carson Terminal and to KMI's SFPP pipeline system for delivery to the Inland Empire and San Diego areas.

The Northern California hub provides a throughput in aggregate of 21,000 bpd of renewable diesel via the SFPP northern pipeline system from the San Francisco Bay area to KMI's Bradshaw, Fresno and San Jose terminals.

Kinder Morgan officials say they "capitalized on existing infrastructure for the Northern California hub, with potential capacity expansions available in subsequent phases."

The initial phases of both hubs are fully subscribed with customer commitments.

"We are very pleased to be advancing California's climate goals through our Southern and Northern California RD hubs,"said KMI's President of Products Pipelines Dax Sanders. "These projects present a significant opportunity to participate in the transition to lower emissions energy sources of the future while continuing to provide fuels still in demand today. We are confident that the best way to serve markets during this energy evolution is through an all-of-the-above energy mix."

RELADYNE ACQUIRES SUN COAST RESOURCES

CINCINNATI, OH. — RelaDyne has acquired Sun Coast Resources of Houston, TX., in a deal announced this Spring. The purchase price was not disclosed.

With the acquisition, RelaDyne "materially expands"the company's market share and coverage in New Mexico and the South.

Included in the sale are Sun Coast's gasoline, diesel, marine, jet, and aviation fuel business, Chevron-branded lubricants, and DEF and kerosene distribution business as well as 21 facilities in six states, including New Mexico in the West.

The sale also includes the company's "emergency response solutions"in the hurricane territory, including emergency and logistics services. The emergency services piece is a new service which RelaDyne will now be offering across the United States.

"We are extremely pleased to partner with Sun Coast and are excited to welcome the Sun Coast employees to the RelaDyne family,"said Larry Stoddard, president and CEO of RelaDyne. "We are thrilled to have both Kathy Lehne, Sun Coast's founder and CEO, and Kyle Lehne, Sun Coast's chief business development officer, as part of our combined company's senior management team.

"Sun Coast's distribution capabilities focused on fuel, lubricants, DEF, and emergency response solutions along with its freight and logistics services reach across the entire nation and are highly complementary and significantly expand RelaDyne's existing automotive, commercial, and industrial go-to-market strategy. This partnership is incredibly exciting for our business and will allow us to surround our customers with more comprehensive products and services than ever before."

"The combination with Sun Coast is transformational as we continue to execute on our inorganic growth strategy in the United States,"added David Schumacher, Chief Strategy & Operating Officer for RelaDyne.

NEW C-STORE BRAND LAUNCHES IN LAS VEGAS

LAS VEGAS, NV. — A new convenience store brand, roam 'n stop, has been launched in Las Vegas, NV.

The first location opened in June at 10130 S. Rainbow Blvd., in Las Vegas at a former Conoco-branded site. The company says two more locations will open in the city this year.

The roam 'n stop c-stores will "provide a wide variety of food items, a large selection of healthy food options and a family friendly environment,"according to the company. The Rainbow Blvd., location includes a Sbarro QSR and, of course, slot machines.

"I welcome all of you to the first-ever grand opening of a roam 'n stop convenience store,"said Scott Lyle, CEO of roam 'n stop and president of Mass Equities, the c-store's parent company. "This is the first of several stores that we are so very proud to be launching in the amazing city of Las Vegas."

Roam 'n stop's parent company, Mass Equities, is also involved in several service station and c-store developments in the Las Vegas area including a 1.3 acre site at the corner of Arville Avenue and Blue Diamond Blvd., and a Terrible Herbst retail center at Cactus and Rainbow.

Mass Equities is also a Travel Centers of America franchisee with two current travel centers under development in the state of Colorado. The company maintains offices in Santa Monica, CA., Niwot, CO., and Henderson, NV.

In addition to the three new store openings, the roam 'n stop has several additional stores planned to open starting in late 2024.