Murex, White Energy announce ethanol marketing agreement
March 22, 2016
BY Murex LLC
Murex LLC, a leading domestic ethanol marketer and distributer, recently announced further market growth with the execution of a multi-year ethanol marketing agreement with White Energy. The agreement calls for Murex to market all three of White Energy's production locations, two in Texas and one in Kansas, totaling 295 million gallons of permitted ethanol production annually.
"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.
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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 optimize our financial success in the future."
Murex, 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 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 United States.
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