CSP Magazine | November 2012

A New Partnership

Rise of MLPs to accelerate consolidation of convenience and fuel marketing.

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Just a decade ago, Valero Energy, then a modest regional refiner, stunned the retail world. The company paid $4 billion in stock and cash to acquire Ultramar Diamond Shamrock, suddenly making Valero the nation’s second largest refiner-marketer.

“We’re taking two of the best independent refining and marketing companies and really becoming the premier U.S. refining and marketing company,” said Bill Greehey, Valero’s chairman and CEO at the time, which was May 2001.

Also in this Issue

Mid-Atlantic retailer is carving out a new vision for Circle K.

Rise of MLPs to accelerate consolidation of convenience and fuel marketing.

Retailers ponder whether 'tobacco category' should be changed to 'nicotine category.'

Does the CDC’s latest tobacco math really add up?

New Gas N Wash site strives to make customers’ lives easier.

Full coverage of the 2012 NACS Show.

Operators see big savings on water, electricity and money via eco-friendly car-wash features.

Day-parts, employees factor into successful foodservice sampling.

Swift action is important when products are pulled: an HBC primer.

Johnny Junxion’s rewinds to the ’50s while keeping an eye on modern opportunities.

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