Mansfield Oil acquires C&N Companies

August 10, 2009

Mansfield Oil Co. has acquired ethanol marketer C&N Companies. C&N represents 500 MMgy of ethanol production capacity and 150 MMgy of biodiesel production capacity.

Mansfield Oil, which operates 650 bulk terminals and 900 supply points in 48 states, plans to immediately market C&N products to refiners and blenders. According to Mansfield Oil executives, the acquisition represents a substantial investment by Mansfield into the renewable fuels and ethanol industries. Mansfield Oil Executive Vice President Doug Haugh said he expects the acquisition to continue growth in ethanol and biodiesel sales.

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