Rhodes, Mike
People
Randy Schmidt has been named Managing Director of the Burns & McDonnell Terminals and Pipelines group, replacing Ted Born, who is retiring.
Industry Metrics
US gasoline demand increased with the shift to summer fuels and higher export opportunities to Latin America.
Industry Metrics
Asian refinery margins remained healthy ahead of the spring maintenance season, despite a slight fall due to signs of a bearish gasoline market.
People
ValvTechnologies Inc. has named Herman Benard Jr. as director of manufacturing. He will have senior management responsibility for the achievement of production, productivity, quality, safety and customer satisfaction goals, as well as spearheading manufacturing process continuous improvements.
Industry Metrics
Healthy US domestic gasoline demand continued, despite supply pressure from refineries returning from maintenance and resumed Colonial Pipeline operations.
Industry Metrics
US margins fell due to the slowing of domestic gasoline demand, as the driving season ended amid high inventories.
People
Abdulaziz F. Alkhayyal has been elected to the board of directors of Marathon Petroleum Corp., increasing the board’s size to 11.
People
Dr. Christoph Wegner will become president of BASF’s Information Services and Supply Chain Operations division, effective December 1, 2016.
Industry Metrics
US gasoline demand contributed to falling inventories. Operational problems at several refineries and the potential impact of a tropical storm strengthened margins.
Industry Metrics
European refining margins rose as refineries completed maintenance and recovered from the negative impact of the France strikes.
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