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Vertex Energy, Inc.

Company Summary

Description

Vertex Energy, Inc. (VTNR) is a refiner and marketer of high-quality specialty hydrocarbon products. With headquarters in Houston, Texas, Vertex processing facilities are located in Houston (TX), Marrero (LA) and Columbus (OH).

Website

http://www.vertexenergy.com/

Recent news

  • 4/5/2023 - Vertex Energy Reaches... (subscriber access)
  • 4/4/2022 - Shell Closes on Sale of... (subscriber access)
  • 6/30/2021 - Clean Harbors Signs Deal... (subscriber access)
  • 5/27/2021 - Shell Reaches Agreement... (subscriber access)
  • 9/6/2017 - Vertex Energy Reports... (subscriber access)

Company Transactions

Date: 10/15/2021
Type: Acquisition

BUYERS:
  • Vertex Energy, Inc.
    • SELLERS:
  • Shell plc.
    • ASSETS:
  • Vertex Mobile Refinery
    • DETAILS:

    COST: 75 $MM

    VOLUMES: 90 M Bbls/d

    NOTES:
    Shell has agreed to sell their Mobile Chemical LP Refinery in Alabama to Vertex Energy for $75 million, plus the cash value of onsite hydrocarbons. .
    REGIONS:
  • Gulf Coast