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ECO-ENERGY NEWSROOM

Ethanol Marketing & Logistics • Natural Gas Midstream • Distribution Services • Global Trading • Natural Gas Trading

ECO-ENERGY NEWSROOM

Ethanol Marketing & Logistics • Natural Gas Midstream
Distribution Services • Global Trading • Natural Gas Trading

With Eco-Energy’s relationships, global logistics and market intelligence, Eco-Specialty Alcohols is the natural partner in the high-purity alcohol trade

FRANKLIN, Tenn.- Eco-Energy LLC, a leading biofuel supply chain and energy solutions company, today announced the establishment of Eco-Specialty Alcohols, Eco-Energy’s high-purity alcohol marketing and trading division.

Eco-Specialty Alcohols leverages Eco-Energy’s ethanol marketing relationships to supply high-purity alcohol to customers. High-purity alcohol applications range from beverage and food to personal care products, institutional and home cleaning, consumer products, and chemical intermediates.

"Ethanol is a renewable, earth-friendly alcohol that has a variety of applications, including its use as a high-purity alcohol,” said Brian Simpson, Chief Marketing Officer of Eco-Energy. “The expansion into this sector is a natural move for Eco-Energy given our long-standing relationships with great producers in the United States, as well as our seamless logistics operation. I am confident customers will come to rely on Eco-Specialty Alcohols’ expertise for their high-purity alcohol needs."

Eco-Specialty Alcohols helps producers and buyers navigate the unique and variable ethanol composition requirements throughout the high-purity alcohol marketplace. Eco-Specialty Alcohols distinction comes from Eco-Energy’s biofuel marketing relationships with bulk ethanol producers who have upgraded operations to meet high-purity alcohol demand. Today, Eco-Specialty Alcohols is marketing for two plants: Commonwealth Agri-Energy in Hopkinsville, Kentucky and Western New York Energy in Medina, New York.

Initial product offerings are pure and denatured U.S.-origin grain ethanol in both 190 and 200 proof forms. Eco-Specialty Alcohols will be able to provide exceptional service and value by integrating FCC / USP Excipient grade and high-purity industrial-grade alcohol into the existing Eco-Energy marketing and distribution operations. Logistics options include bulk packaging, tank trucks, rail tank cars, ocean containers, and bulk vessel parcels. The ability to combine this product range with Eco-Energy’s core strengths in domestic and global logistics and market intelligence sets Eco-Specialty Alcohols apart in the high-purity ethanol trade.

For more information, please contact Derrick Rawson, Director, Industrial and Beverage Alcohol Sales, 615-645-4466, .

About Eco-Energy, Inc.
Eco-Energy is an integrated energy marketer and midstream services company with $4 billion in annual revenue. Its core business is the marketing and transportation of ethanol and natural gas across the US, Canada, and Internationally. With more than 175 employees, Eco-Energy provides a complete portfolio of services that leads the industry, bringing a level of knowledge and expertise that its partners have come to rely on.

Initial Solar Projects Realize First Net-Zero Fuel Terminals in the US

FRANKLIN, TN - Today Eco-Energy LLC, an energy solutions and midstream company with a long history in renewable energy, announced the completion of the first two fuel terminals in the United States to achieve net-zero emissions for on-site operations, in Augusta and Cartersville, Georgia. The emission reductions were realized through the installation of solar arrays by Eco-Energy’s newly created Solar Division.

The Solar Division is a critical component of Eco-Energy’s Carbon Solutions platform and is actively working on solar projects to realize emission reductions in its own supply chain and in the operations of the customers it serves. Eco’s Carbon Solutions platform is also involved in project development and trading in the voluntary and regulated carbon markets.

“As a leading integrated energy solutions company with more than 25 years of experience in the renewable space, Eco-Energy is uniquely positioned to offer renewable energy and low-carbon solutions to its upstream and downstream customers,” said Brian Simpson, Executive Vice President. “We view the current energy transition as an opportunity to deploy innovative solutions that make sense environmentally and financially.”

As companies face increased environmental scrutiny and ESG imperatives, solar provides an opportunity to reduce emissions on an operational level. Together, the projects will offset 8,500 metric tons of CO2 emissions over their 25-year lifespan.

“No other fuel terminal in the United States had yet to achieve net-zero status because doing so is a unique engineering challenge. With our new solar division at Eco-Energy, we were able to meet the challenge and are now able to help our customers do the same,” said Brandon Travis, Vice President, Solar at Eco-Energy.

For more information, please contact Sarah Filus, Manager of Carbon Solutions, 615-487-8639, .

About Eco-Energy, Inc.
Eco-Energy is an integrated energy marketer and midstream services company with $4 billion in annual revenue. Its core business is the marketing and transportation of ethanol and natural gas across the US, Canada, and abroad. In an evolving, climate-conscious economy, Eco-Energy is leveraging its platform to find solutions for emission reduction through low-carbon renewable energy. With more than 175 employees dedicated to delivering clean energy solutions to the world, Eco-Energy provides a complete portfolio of services that leads the industry, bringing a level of knowledge and expertise that its partners have come to rely on.

FRANKLIN, TN - Eco-Energy, a leading biofuel supply chain company, is pleased to announce that it has entered the final stage of construction on its ethanol distribution facility located in Phoenix, Arizona. The facility will be Eco-Energy’s tenth (10th) ethanol distribution terminal and is scheduled to commence operations in 3Q 2020. According to Chad Conn, VP-Distribution at Eco, “The unprecedented and unique capabilities of this terminal will undoubtedly alleviate the logistical constraints experienced in the Phoenix market.” Once operational, the Eco-Energy site will be capable of offloading ethanol from railcars to dedicated storage where it will then be transferred via pipeline to every local blending terminal. “Combining location and state-of-the-art design, this ethanol terminal will deliver the most efficient and attractive solution for suppliers and blenders in the Phoenix market,” stated Conn.

The Union Pacific Railroad will provide rail service to the Eco-Energy-Phoenix terminal with plans of handling over 250M gallons annually. Thanks to over 4 million gallons of dedicated ethanol storage, and without added cost and complexity of truck deliveries, the Eco-Energy site will provide much-needed ratability and security of supply in this complex market. “We are very proud to finalize this Phoenix project. This project highlights our team’s ability to collaborate, align incentives, and generate clear value-add throughout the supply chain,” says Eco-Energy CEO, Josh Bailey. According to Bailey, “Cooperation that creates solutions for multiple stakeholders is what our industry needs to increase the availability and consumption of high octane, low carbon, cost-competitive ethanol.”

About Eco-Energy, Inc.
Eco-Energy is an integrated biofuel and natural gas company focused on marketing, trading, transportation, and distribution. Eco-Energy recently joined the Platts Marketing survey in Q4 2018 with 1.5bcf/d making Eco-Energy a top-25 natural gas marketer in the U.S. Eco-Energy is among the largest ethanol marketing companies in North America with over $4.0 billion in sales and handling over 14% of North American ethanol.

FRANKLIN, TN – Eco-Energy, a leading biofuel and natural gas marketing supply chain company, announces the acquisition of the Stone Mountain gathering pipeline system, Stone Mountain processing facility, and the Stone Mountain rail terminal. These assets had been owned by Continuum Energy Services for more than ten [10] years. Financial terms were not disclosed.

The Stone Mountain gathering system is made of up over 600 miles of gathering pipelines that span Kentucky, Tennessee, and Virginia. The system has a design capacity for 60,000 Mcf/d and collects gas from over 800 wells which supply the cryogenic processing facility before interconnecting with the East Tennessee pipeline. The East Tennessee interconnect provides a significant uplift in value to the surrounding production.

The Stone Mountain cryogenic processing plant has the capacity of 25,000 Mcf/d with a pipeline connection to the Stone Mountain liquids terminal. The liquids terminal is designed to handle y-grade, propane, and butane and has 24 railcar spots with access to the Norfolk Southern railroad and 3 trucks bays to supply the local market with these premium products.

“Eco is looking forward to growing our natural gas business with this new asset. Stone Mountain will be a strategic foothold in the Southern Appalachian market that complements our commercial marketing platform. Eco-Energy is looking forward to our partnership with the current producer Magnum Hunter Production (a division of Montage Resources). We have worked hard to align incentives that benefit both companies and we look forward to adding new suppliers to the system as well” stated Brian Simpson, Eco-Energy’s EVP of Development.

John Reinhart, President and CEO of Montage Resources commented, “We are pleased to be working with the team at Eco-Energy and the expanded natural gas marketing capabilities they provide.”

About Eco-Energy, Inc.
Eco-Energy is an integrated biofuel and natural gas company focused on marketing, trading, transportation, and distribution. Eco-Energy recently joined the Platts Marketing survey in Q4 2018 with 1.5bcf/d making Eco-Energy a top-25 natural gas marketer in the U.S. Eco-Energy is among the largest ethanol marketing companies in North America with over $4.0 billion in sales and handling over 14% of North American ethanol.
About Montage Resources.
Montage Resources is an exploration and production company with approximately 218,000 net effective undeveloped acres currently focused on the Utica and Marcellus Shales of southeast Ohio, West Virginia, and North Central Pennsylvania. For more information, please visit the Company’s website at www.montageresources.com.

FRANKLIN, Tenn.--(BUSINESS WIRE)--Eco-Energy, a leading biofuel supply chain company, announces the formation and launch of its Ethanol Logistics Service. This service will extend Eco’s logistics management capabilities to a broader mix of ethanol buyers and shippers, providing participants with improved visibility and control over their ethanol supply chain performance. The platform technology is centralized on real-time data capture, monitoring, and reporting to provide participants with the information and resources they need to extract the most value from their supply chain. The service, which is initially focused on truck transport, will begin operations with $25m+ of annual freight under management. In association with the logistics service, Eco has partnered with Eagle Transport as the preferred truck carrier for the business. In conjunction with this partnership, Eagle will assume certain truck operations currently within Eco-Energy Transportation. This combined platform establishes the largest, asset-backed logistics management service exclusively focused on ethanol.

“Eco is excited to use our expertise and market position to bring an industry-leading solution that will enable greater visibility and control across the ethanol supply chain. We recognize a real need to resolve current gaps in ethanol logistics management, as well as proactively address the future constraints we anticipate in this space. We believe our strategic partnership with Eagle ensures our logistics service has a strong asset backing by a leader in the motor fuels transport space,” stated David Maggied, Eco-Energy’s Vice President of Transportation.

Lance Collette, Eagle Transport’s President commented, “we are excited to establish a strategic partnership with Eco-Energy. We believe Eco’s Ethanol Logistic Service platform launch is compelling and unique; we are proud to be their leading tank truck carrier for this service. With this venture, Eagle expands our terminal footprint and leverages our southeastern presence to attain an increased level of value-based services to the ethanol and petroleum markets.”

About Eco-Energy, Inc.
Eco-Energy is an integrated biofuel supply chain company focused on the marketing, trading, transportation, and distribution of biofuels across the globe. Eco-Energy is among the largest full-service marketing companies in North America with over $4.0 billion in sales and handling over 12% of the biofuels market. By leveraging Eco-Energy’s core competencies in logistics, distribution, and trading, Eco-Energy is able to provide innovative, value-added solutions for a more stable, disciplined, and vertically integrated supply chain.
About Eagle Transport Corporation.
Eagle Transport Corporation, based in Rocky Mount, NC, is one of the largest diversified bulk tank truck carriers in the United States serving the petroleum, ethanol and chemical supply chains. Eagle is ranked as the 6th largest carrier in Bulk Transporter’s 2018 Gross Revenue Report and ranked 11th in Transport Topics’ 2019 Bulk Tank list. Eagle operates from a network of more than 20 truck terminals and is licensed to serve the United States’ 48 contiguous states and two provinces of Canada. In 2019, Eagle Transport celebrates its 50th year anniversary; Eagle’s history is built upon service excellence to our employees, customers, and the communities we serve.

FRANKLIN, Tenn.--(S&P GLOBAL, PLATTS, GAS DAILY)--While the natural gas marketing space in North America continued to be dominated by a few big integrated oil and gas companies and private marketing companies in the fourth quarter of 2018, some independent exploration-and-production companies continued to post impressive numbers.

The top five spots in S&P Global Platts gas marketer survey, based on the volumes of natural gas sold in North America during the quarter, remained unchanged from Q3 2018, with BP continuing to dominate the field. With an estimated marketed volume of 22.3 Bcf/d, BP marketed almost 10 Bcf/d more than second place Macquarie Energy, with a volume of 12.6 Bcf/d.

Third-place Tenaska, a privately held energy marketer, reported a volume of 10.6 Bcf/d, an increase of 800 MMcf/d in the fourth quarter of 2017, while Shell Energy North America’s reported volumes of 9.9 Bcf/d, down slightly from the 10.0 Bcf/d reported in Q4 2017.

Rounding out the top five, large producer ConocoPhillips reported an average volume of 8.4 Bcf/d, up 200 MMcf/d from the year-ago quarter. Among players posting big year-over-year gains in marketed volumes, privately held J. Aron, number seven in the rankings, posted a 1 Bcf/d increase in Q4 2018, compared with the previous year’s quarter.

Other market players posting significant marketing gains compared with Q4 2017 are: Southern Company’s Sequent Energy Management, 300 MMcf/d; Direct Energy, 400 MMcf/d; EDF, 500 MMcf/d; CenterPoint Energy, 300 MMcf/d; NextEra, 300 MMcf/d; Castleton Commodities, 600 MMcf/d; and ARM Energy Management, 600 MMcf/d.

Several upstream producers, which typically sell their own production, also posted year-over-year marketing volume gains. These included Chevron, 400 MMcf/d; Antero Resources, 500 MMcf/d; and Cabot Oil and Gas, 400 MMcf/d.

Appalachian producer EQT reported selling about 4 Bcf/d in Q4 2018, up 1.1 Bcf/d from Q4 2017. However, the 2.9 Bcf/d it reported marketing in the fourth quarter of 2017 does not reflect the full impact of its acquisition of rival producer Rice Energy, which closed in November of that year.

Eco-Energy, a marketing and trading company specializing in biofuels, joined Platts marketing survey this quarter, reporting that it is marketing about 1.5 Bcf/d in Q4 2018 compared with 1.0 Bcf/d in the previous year’s quarter.

— Jim Magill

 Top North American Gas Marketers Q4-18 (cf/d)

 

Company

Q4-18

Q4-17

1

BP

22.3

21.2

2

Macquarie Energy

12.6

13.2

3

Tenaska

10.6

9.8

4

Shell Energy North America

9.9

10.0

5

ConocoPhillips

8.4

8.2

6

Southern Co./Sequent

7.0

6.4

7

J. Aron

6.4

5.4

8

Direct Energy

5.6

5.2

9

EDF

5.0

4.5

10

Mercuria

4.4

4.8

11

EQT*

4.0

2.9

11

CenterPoint Energy

4.0

3.7

12

Chevron**

3.9

3.5

13

NextEra

3.3

2.7

14

Castleton Commodities

3.2

2.6

15

Antero Resources

3.1

2.6

16

ExxonMobil

2.8

3.0

17

Cabot Oil & Gas

2.2

1.8

18

SWN Energy Services

2.1

2.3

18

Mieco

2.1

2.2

19

Chesapeake Energy

2.0

2.6

19

ARM Energy Management

2.0

1.4

20

NJR Energy Services

1.8

1.8

21

Emera

1.7

1.8

22

Canadian Natural Resources

1.5

1.6

22

Total Gas & Power

1.5

1.3

22

Eco-Energy

1.5

1.0

23

Encana

1.5

1.0

24

Devon Energy

1.1

1.2

24

Anadarko Petroleum***

1.1

1.0

*EQT Q4 2017 volumes do not reflect full impact of merger with Rice Energy

**Chevron US volumes only

***Anadarko Petroleum US volumes only

CFE International, listed number 13 on the Q3 2018 survey, declined to participate in this month’s survey

Source: Company submissions, quarterly reports and SEC filing

 

About Eco-Energy, Inc.
Eco-Energy is an integrated biofuel supply chain company focused on the marketing, trading, transportation, and distribution of biofuels across the globe. Eco-Energy is among the largest full-service marketing companies in North America with nearly $5 billion in sales and handling over 15% of the biofuels market. By leveraging Eco-Energy’s core competencies in logistics, distribution, and trading, Eco-Energy is able to provide innovative, value-added solutions for a more stable, disciplined, and vertically integrated supply chain.

INNOVATION, INTEGRITY, AND COMMITMENT
IN ENERGY INTEGRATION

Eco-Energy's customer-focused philosophy creates value-added solutions for a more stable, disciplined, and vertically integrated low-carbon energy supply chain. We develop responsible relationships and secure assets that leverage our core competencies in global logistics, distribution, and trading.

INNOVATION, INTEGRITY, AND COMMITMENT
IN ENERGY INTEGRATION

Eco-Energy's customer-focused philosophy creates value-added solutions for a more stable, disciplined, and vertically integrated low-carbon energy supply chain. We develop responsible relationships and secure assets that leverage our core competencies in global logistics, distribution, and trading.