Investor Group Acquires Liquid Fuels Terminal Chemoil Terminals.
MANews-(C)2009-2021
An investor group has acquired California-based liquid fuels transportation terminal Chemoil Terminals LLC, which includes petroleum and renewable fuels focused on the Southern California market, the group said.
Chemoil Terminals' name will be changed to Olympus Terminals following the transaction.
Chemoil Terminals, headquartered in Long Beach, California, is the second largest independent petroleum storage provider in Southern California for a range of refined products including diesel, renewable diesel, biodiesel, and gasoline.
The company operates two terminals, the Carson Terminal and the Long Beach Marine Terminal, that are connected by an extensive pipeline network.
Olympus Terminals is backed by an investor group composed of a majority investment from an...
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