WASHINGTON D.C. (Oct 10, 2022) — Green LG Energy S.r.l. (Milano, Italy) and BioLPG LLC (Washington, D.C.) announced the signing of a major agreement that increases funding for further development of the GTI Energy renewables-sourced, green liquefied petroleum gas (bioLPG) Cool LPG technology and for preparation of bioLPG production at scale within the next few years. GLGE has a near-term goal of contributing to decarbonization of Italian and European sourcing of vitally needed LPG.

SANDUSKY, Ohio and PITTSBURGH (Oct. 3, 2022) — On Sept. 30, Sandusky, Ohio-based Civista Bancshares Inc. announced the signing of a definitive stock purchase agreement pursuant to which Civista will acquire all of the issued and outstanding shares of Pittsburgh-based Vision Financial Group Inc. (VFG), a leading privately held, independent, full-service general equipment leasing and financing company. The transaction was closed on the anticipated date of Oct. 3, 2022.

KENT, Conn. (Oct. 6, 2022) — Cetane Associates LLC has announced that Dead River Company LLC, northern New England’s largest full-service home heating provider, with a corporate office based in South Portland, Maine, has acquired the distillates, propane and HVAC service business of Scott Energy Co. Inc., based in Gloucester, Massachusetts. The transaction closed on Aug. 16, 2022.

 

VANCOUVER, British Columbia (Sept. 30, 2022) Westport Fuel Systems Inc. announced the resignation of its chief financial officer (CFO), Richard Orazietti, for personal reasons. Orazietti will continue in his capacity as CFO until Nov. 30, 2022, following the release of Westport’s third quarter 2022 results, to ensure a smooth transition and the seamless transfer of duties and responsibilities.

Kim Keil will lead northeast region

Kim KeilTOLEDO, Ohio (Oct. 5, 2022) — Bergquist Inc., an industry leader in wholesale propane equipment distribution, announced today the addition of tank monitor sales specialist, Kim Keil.

COLUMBUS, Ohio (Sept. 28, 2022) — Worthington Industries, Inc. announced the release of its 2022 Corporate Citizenship and Sustainability Report, reflecting on the company’s progress and performance metrics in several key areas, including culture, citizenship, corporate governance, environmental protection and innovation.

Fleets can take advantage of the credits starting in 2022

WASHINGTON (Sept. 27, 2022) — The Propane Education & Research Council (PERC) is encouraging propane autogas fleet operators to take advantage of the Alternative Fuel Tax Credit, which was recently passed by the U.S. Congress as part of the Inflation Reduction Act, 2022.

KENT, Conn. (September 27, 2022) — Cetane Associates LLC is pleased to announce that Colby & Gale Inc., a corporation based in Damariscotta, Maine, has acquired the propane, distillates and HVAC service business of M.W. Sewall Inc., headquartered in Bath, Maine. The transaction closed on Sept. 20, 2022.

Marc SchooneSuperior Plus Propane’s vice president of operations support, Marc Schoone, passed away on Aug. 28, 2022, at the age of 47 due to a recent illness.

During the latest mid-month period, prices at Mont Belvieu, Texas, were mixed as we head into fall. The posted prices increased 0.583 cents/gal, from August mid-month to September mid-month while the spot prices decreased 4.75 cents. Conway, Kan., postings ended with a 1-cent increase and spots decreased 3.5 cents over the month.

WYOMING, Minn. (Sept 14, 2022) Lakes Gas, headquartered in Wyoming, Minnesota, announced it has acquired the propane operations of Blackhawk Propane in South Beloit, Illinois.