• Olympus Terminals

Chemoil Terminals acquired by investor group, changes name to Olympus Terminals


An investor group has announced the acquisition of Chemoil Terminals LLC, a leading independent liquid fuels transportation terminal that includes petroleum and renewable fuels focused on the Southern California market. 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 variety 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.

“We are excited to partner with these investors as we continue to serve the greater Los Angeles area,” said Vince Godfrey, CEO of Olympus Terminals. “With our strong ability to create and deliver the fuel required to meet today’s rigorous environmental standards, we are well positioned for growth.”

Olympus Terminals is backed by an investor group composed of a majority investment from a fund advised by Davidson Kempner Capital Management LP, Pilot Travel Centers LLC, the largest travel center operator and a leading fuel supplier in North America, and an investment fund managed by Intrepid Investment Management LLC.

0 comments
Frazier, Barnes & Associates LLC
Global Talent Solutions
PQ Corporation
Agriculture for Energy to Grow Hawaii's Economy
Inflectis Digital Marketing for UCO Collectors and Renderers
Clean Fuels Alliance America
Plasma Blue
WWS Trading
Sealless canned motor pump technology
Advanced Fuel Solutions
HERO BX: Fuel For Humanity
Imerys
Evonik biodiesel catalysts, biobased diesel
R.W. Heiden Associates LLC
Crown
Wolf Material Handling Systems
Haldor Topsoe
Desmet Ballestra
Advertise Today on biobased-diesel.com
Diesel Technology Forum
Clean Fuels Alliance America
RonKo Media Productions LLC
Advanced Biofuels USA
Advertise Today on biobased-diesel.com