Energy Transfer Goes International Under CEO And Co-Founder

(September 4, 2019) — Dallas-based diversified energy company, Energy Transfer LP, co-founded by Chairman and CEO Kelcy L. Warren, is expanding internationally, according to a recent report in Chief Executive magazine. The company will open its first international office in in Beijing, China, to support the sale of energy products, including propane, liquefied natural gas, ethane, butane, natural gas and crude oil. The effort is made possible in part by a joint partnership between Energy Transfer and China-based Satellite Petrochemical to facilitate the export of ethane to China, announced last year.

Kelcy Warren CEO Energy Transfer Takes Company International In China reports BPN the propane industry leading source for news and info since 1939Orbit Gulf Coast NGL Exports LLC is constructing a pipeline in the U.S. to transport ethane from Energy Transfer’s Mont Belvieu, Texas fractionation and storage facilities to a new ethane terminal next to Energy Transfer’s Nederland, Texas NGL facility. Once the pipeline is completed, each day approximately 150,000 barrels of ethane will be exported to Satellite’s ethane cracking facilities in China.

Chief Executive also reports that Energy Transfer has a 50/50 venture with Shell US LNG LLC to convert Energy Transfer’s LNG import and regasification terminal in Lake Charles, Louisiana to an LNG export facility. The project will give the facility a liquefaction capacity of 16.45 million tonnes per annum for export to customers in China and other global markets.

Energy Transfer LP is a publicly traded limited partnership with operations that include natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids and refined product transportation and terminal assets; NGL fractionation; and various acquisition and marketing assets.

According to Chief Executive, the company, through its ownership of Energy Transfer Operating L.P., formerly known as Energy Transfer Partners L.P., also owns the general partner interests, the incentive distribution rights and 28.5 million common units of Sunoco LP and the general partner interests and 39.7 million common units of USA Compression Partners LP.

Prior to the combination of the operations of ETO and Heritage Propane in 2004, Warren co-founded the entities that acquired and operated the midstream assets that were contributed in the merger. From 1996 to 2000, he served as a director of Crosstex Energy Inc. and from 1993 to 1996, Warren served as president, chief operating officer and a director of Cornerstone Natural Gas Inc.

Warren was appointed to a six-year term on The University of Texas System Board of Regents by Governor Greg Abbott in March 2019. Recently, President Donald Trump appointed Warren to the Kennedy Center Board of Trustees.

Countryside Tank Company Acquired By TerraVest Industries

TORONTO (Sept. 3, 2019) — TerraVest Industries Inc. announced today that it has acquired the assets of Iowa Steel Fabrication LLC, doing business as Countryside Tank Company and Majona Steel Corporation (collectively, "Countryside Tank"). Countryside Tank is a privately-owned Iowa based company primarily focused on manufacturing transportation equipment for the propane and anhydrous ammonia markets as well as structural steel projects.
Countryside Tank Company largest producer of steel propane tanks is acquired by Terravest reports BPN the propane industry's leading source for news and information since 1939
Dustin Haw, Chief Executive Officer of TerraVest, welcomes the employees of Countryside Tank and looks forward to their continuing commitment to the business and its customers. "Countryside Tank is a leading manufacturer of propane and anhydrous ammonia trailers for the U.S. market, the addition of the company enhances TerraVest's propane and NH3 trailer offering in the U.S. as well as the scope of services it offers in the Midwest. Countryside Tank will play a role in TerraVest's overall effort to maximize product and service capabilities to customers across North America," said Mr. Haw.
TerraVest will acquire Countryside Tank using existing cash and credit facilities.

Foster Fuels Deploys Emergency Services Ahead Of Hurricane Dorian

BROOKNEAL, Va. (September 3, 2019) – As Hurricane Dorian approaches the East Coast, residents are bracing themselves to endure the effects of the storm. Government agencies including FEMA have been taking actions to support residents and infrastructure. Foster Fuels received an activation order from FEMA to provide emergency fuel and fuel support services to those affected. The Brookneal Virginia-based, family owned company dispatched more than 100 vehicles including trucks carrying diesel fuel, gasoline and propane southward to prepare for the support of critical infrastructure.
Foster Fuel asked by FEMA to help prepare critcal disaster relief with exceptional propane ahead of Hurricane Dorian reports BPN the propane industry's leading source for news and info since 1939. August 2019
Foster Fuels has been working with FEMA for close to 15 years providing emergency fuel services to government agencies, hospitals, communications sites and private industry during the aftermath of storms like Hurricane Maria and Superstorm Sandy. Vice President of Mission Critical services Will Rohrig states, “We are tremendously proud of the dedication our team exhibits and the sacrifices they make to support those who need help in the wake of storms like Dorian. Our number one goal is to keep them safe as they continue to support ongoing relief efforts on the ground in areas affected.”

Foster Fuels will be actively supporting relief efforts for as long as necessary to keep critical infrastructure like hospitals and power companies running and online. Dorian’s path looks to have shifted northward and could bring heavy rain and strong winds to Georgia and the Carolinas in addition to the impact it will likely have in Florida. Foster Fuels asks our community to keep those in the path of the storm and those responding in our thoughts and prayers.
Dorian hurricane affects propane industry but FEMA asks Virginia family-owned propane company Foster Fuels to help reports BPN the propane industry's leading source for news and information since 1939. August 2019
Established in 1921, Foster Fuels, Inc. is a privately held corporation, providing downstream distribution of diesel, gasoline, Jet A, and propane to residential, commercial, and government customers. Foster Fuels operates an award-winning emergency fuel division specializing in business continuity and disaster recovery solutions. More information about Foster Fuels can be found at https://www.fosterfuelsmissioncritical.com/.

Propane People "In The News"

(September 3, 2019) — The Alabama Propane Gas Association has installed its board of directors for the 2019-2020 term. Tim Moore of Mor-Gas (Pisgah) will serve as president; Bill Mayo, Blossman Gas (Rainbow City), vice president; and Tom Cheatham, Leran Products (Pine Mountain), secretary/treasurer.
Propane people in the news Randy Warner joins Cavagna Group as Safety expert reports Butane Propane News the propane industry's leading source for news and info since 1939 August 2019
Randy Warner has joined Cavagna North America Inc. (Somerset, N.J.) as its new product manager for North America, to help strengthen the communication and education about Cavagna North America products. Prior to joining Cavagna, he was involved with the propane industry as the owner of Warner C3H8 Consulting, and for more than 20 years, had been in management positions mainly with Ferrellgas. Warner has also served the industry through various leadership roles within the National Propane Gas Association (NPGA), the Propane Education & Research Council (PERC), and the National Fire Protection Association (NFPA). These include being past chairman of NPGA’s Technology, Standards and Safety Committee (TS&S) and past chairman of PERC’s Safety and Technical Training Working Group (STTWG). In addition, Warner also has held leadership roles in the state of Missouri.
Propane people in the news: Nancy Coop joins Centane Assoc as acquisitions manager reports BPN the propane industrys leading source for news since 1939
Cetane Associates (Kent, Conn.) has named Nancy Coop as managing director of its team of financial advisory professionals. Coop brings years of experience as a business development executive for Ferrellgas and owner of JARCO, a nationwide bobtail-building company. She also has an extensive history of industry leadership at the regional and national levels, including founding chair of the Women in Propane Council.
Energy Distribution Partners hires Don Vicari as general manager of Ebbets Propane Company august 2019 reports BPN the propane industry's leading source for news and information since 1939.
Energy Distribution Partners (“EDP”) is pleased to announce Don Vicari has joined the company as General Manager for Ebbetts Pass Gas Service, which serves residential, commercial and industrial customers in the Sierra Nevada mountain area of Calaveras and Alpine counties in California. With more than 25 years of management experience, Vicari spent the first ten years of his propane career as the owner and operator of a Suburban Cylinder Express franchise operation in the greater Sacramento area.. After selling his business, he joined AmeriGas to manage the Hawthorne and then Reno, Nev., territories. As Ebbetts Pass Gas Service General Manager, Vicari manages all aspects of the business with a focus on providing an exceptional work environment and excellent customer service. Vicari is an active member of the Western Propane Gas Association.
Propane people in the news LPG veteran Rita Pecilunas joins Otodata LPG software co. reports BPN august 2019
Otodata (Montreal, Que.) has added Rita Pecilunas to its growing team, where she will serve as its business development consultant for the Midwest, Northeast, and New England regions of the U.S. She has been involved with the propane industry for many years, serving as the National Propane Gas Association’s (NPGA) vice president of marketing and member services, and consulting for the Propane Education & Research Council, World LP Gas Association, and the European LPG Association. She has been a sales and customer service trainer, and consulted for Grainger over the last five years as an IT and Procurement communications specialist. Pecilunas’ role as a facilitator for NPGA’s Benchmarking Council led to her collaboration with Otodata.
Propane people  in the news Jeff Ruffner joins Paraco Gas reports Butane-Propane News (BPN) the propane industry's leading source for news and info since 1939 August 2019
Jeff Ruffner joined Paraco Gas (Rye Brook, N.Y.) as its new executive vice president of operations, effective July 1. He is the third and final member of the company’s executive team, which currently consists of Christina Armentano, executive vice president of sales and business development, and Kevin Watson, CFO, who will work together to continue to grow the company through acquisitions and organic growth. Ruffner was formerly with EnergyUnited Propane in North Carolina, where as general manager for more than a decade he led the company through many successful strategic initiatives.
Propane people In the News: LPG veteran Brian Cordill joins the Propane education & research council reports BPN the propane industrys leading source for news since 1939, august 2019
Bryan Cordill has joined the Propane Education & Research Council (PERC; Washington, D.C.) as its director of residential and commercial business development, where he will lead efforts to support and grow propane demand in the residential and commercial construction markets. He will facilitate the development and adoption of propane-fueled appliances and equipment through developing businesses and new products, as well as strengthening marketing activities to preserve existing markets and engaging new growth opportunities. A long-time member of the propane industry, Cordill worked at his family’s propane business, Cordill Butane-Propane Service (Monroe, La.) for 17 years before being named business development officer at Ajasent Inc., a cloud hosting service for propane and related service companies, and most recently at Proponent LLC, a consulting company he co-founded.

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Industry Veteran John Sherman And Group Purchase Kansas City Royals Baseball Team

KANSAS CITY, MO (August 30, 2019) — The Kansas City Royals, in conjunction with Major League Baseball, today announced that Chairman David Glass and his family have reached an agreement under which John Sherman, a Kansas City, Missouri- based entrepreneur, and a group of local investors will acquire the Kansas City Royals franchise. Sherman and the co-investors will mark the third owner of the Royals since their inception in 1969 when Ewing Kauffman brought Major League Baseball back to Kansas City after a one-year absence. Closing of the transaction is subject to satisfaction of customary closing conditions, including MLB approval.

KC native and propane indusrtry mega entrepreneur John Sherman and group purchase the Kansas City Royals baseball team reports Butane-Propane News (BPN) the propane industry's leading source for news and information since 1939 LPG“The decision to sell the Royals was difficult for our family. Our goal, which I firmly believe we’ve achieved, was to have someone local, who truly loved the game of baseball and who would be a great steward for this franchise going forward. In John Sherman we have found everything we were looking for in taking ownership of this franchise,” said David Glass, the team’s Owner and Chief Executive Officer since he acquired the team in April, 2000. “John Sherman and his group far exceeded our hope for the next caretaker of Royals baseball. His love for Kansas City and the game of baseball is well documented as are his philanthropic endeavors in the surrounding communities.

A native of this area, John has made a huge impact in our business community and is so passionate about baseball that he purchased an ownership stake in the Cleveland Indians three years ago to begin his relationship with this great game. We are truly blessed to have someone of John’s stature and business acumen available to us from the metropolitan area to take the reins of this organization going forward.”

“As for my family, it has been an amazing run since we gained control of the franchise in 2000,” Mr. Glass continued. “I will miss this more than anyone realizes because I grew up loving this great game and was awarded a fantastic opportunity to own one of the 30 Major League clubs. We watched this club painfully come up 90-feet short in 2014 and then ultimately win that coveted World Series trophy in 2015. I will never forget the thrill of seeing over 800,000 people of this community come together on one sunny November day to salute the newly-crowned World Champions. It’s been a fantastic ride and I want to thank our great fans for supporting us through the years but now it’s time for someone else to oversee this franchise into its next championship and in John Sherman, we’ve found the perfect individual.”

“I am enormously grateful to David and the Glass Family for this extraordinary opportunity,” said John Sherman, “and am humbled by the chance to team up with a distinguished group of local investors to carry forward and build on this rich Kansas City Royals legacy. Our goal will be threefold: to compete for a championship on behalf of our fans; to honor their passion, their experience and their unwavering commitment; and to carry their hopes and dreams forward in this great Kansas City region we all love — for decades to come.”

John Sherman is an entrepreneur, civic leader and philanthropist whose footprint in the Kansas City region has spanned the broadest reach. He has founded two successful businesses based in Kansas City, Missouri. Since 2016, Mr. Sherman has been active in Major League Baseball as an owner and Vice Chairman of the Cleveland Indians Baseball Club and a member of the MLB Audit Committee.

Mr. Sherman has served and supported the Kansas City community extensively, and has been recognized with numerous honors for his business, civic and philanthropic leadership. He is past chair of the Civic Council of Greater Kansas City and the Truman Library Institute; he is also a trustee of both the Kauffman Foundation and the National World War I Museum and Memorial. He was named as both University of Missouri- Kansas City’s Entrepreneur of the Year and an Ernst & Young Entrepreneur of the Year. John and his wife Marny are founders of The Sherman Family Foundation, which actively supports educational investment in the Kansas City region.

In 2014, he was inducted into the inaugural class of the University of Missouri's Bloch School of Business Entrepreneurs Hall of Fame with a group that included Ewing Kauffman, the original owner of the Kansas City Royals and Lamar Hunt, a founder of the American Football League (AFL) and former owner of the Kansas City Chiefs.
Morgan Stanley & Co. LLC is acting as sole financial advisor to the Glass Family and Kansas City Royals, and Katten Muchin Rosenman LLP is serving as legal advisor. Inner Circle Sports LLC and Bowood Capital Advisors, LLC are serving as financial advisors to the Sherman Group, and Covington & Burling LLP is serving as legal counsel.

For more information, members of the media may contact the Royals Media Relations Department at (816) 921-8000.