Smart Grid

TMCNet:  BenchMark Energy launches new division

[January 18, 2013]

BenchMark Energy launches new division

Jan 18, 2013 (Datamonitor via COMTEX) -- BenchMark Energy Corporation, through its subsidiary Energy Partners LLC, has launched a new division named Energy Partners Logistics and Transportation Management.

Mark Bateman, CEO of BenchMark Energy, said: "With the progressive expansion in the domestic and international glycerin markets, BenchMark and Energy Partners have detected a void in the logistics and transportation of glycerin between source, refinement, and the end user. The Company has determined and is pleased to extend additional services in the form of logistical and transportation services to its current and prospective clients to fill this need." Energy Partners Logistics and Transportation Management will be led by Energy Partners Operations Manager Michelle Coers, who has spearheaded the Company's internal logistics and transportation management to date.
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In addition to providing a valuable added service and benefit to Energy Partners' existing customers, the Company asserts that supply-side opportunities exist within certain global demographics can be matched with a significant economic benefit to glycerin end-users who are presented to fill the global market demands, the company said.

"The goal of Energy Partners Logistics and Transportation Management is to provide our clients an opportunity to maximize profit margins and streamline growth in an expense laden area of a company's business model," states BenchMark Energy CFO Catherine Thompson. "In addition to reducing our clients' costs, Energy Partners Logistics and Transportation Management will generate a new revenue source that will match the growth in the deployment of glycerin to the global transport fuel and alternative energy fuel sectors," she further states.

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