Carmeuse Outsources Fuel Management to FuelQuest
International Lime and Limestone leader to reduce operational risk with fuel center’s unique combination of expertise, processes and fuel management software
HOUSTON — FuelQuest, Inc., the leading on demand software and services company for the global downstream energy industry, announced today that Carmeuse Lime & Stone has chosen FuelQuest’s Fuel Center to provide strategic and tactical diesel fuel procurement services in order to mitigate risk and centralize operational control of its diesel fuel procurement. Carmeuse, the largest producer of lime and limestone products in North America, operates 32 manufacturing facilities and serves 33 states and provinces in the eastern U.S. and Canada.
“With operations spanning the U.S. and Canada, diesel fuel management can be a challenging task given today’s volatile market,” said Jack Fahler, VP Supply Chain, Carmeuse. “As such, we desired an outsourced solution that will allow us to effectively manage our risk by providing an accurate, real time assessment of our diesel fuel requirements across multiple sites. Moreover, Fuel Center’s team of experts will work with our internal team to provide the transparency we require, ultimately helping us to obtain the most favorable diesel fuel supply portfolio at a competitive price.”
Through Fuel Center’s industry leading services and solutions, Carmeuse will be able to:
• Reduce financial exposure to volatile markets with reduced freight and product cost;
• Optimize inventory through dispatch control;
• Gain strategic consulting on supply portfolio, contracting and sourcing;
• Take advantage of alternate supply options through tactical purchasing;
• Increase transparency of diesel fuel purchases, transport costs and taxes;
• Automate invoice and delivery reconciliation;
• Centralize control and provide real time visibility across all Carmeuse locations.
“FuelQuest is pleased to add Belgium based Carmeuse to our portfolio of international customers,” said Ryan Mossman, vice president & GM of Fuel Management for FuelQuest. “Carmeuse is the undisputed leader in the North American lime industry. We are proud to work with them to address their diesel fuel needs.”
Carmeuse Lime & Stone is the largest producer of lime and limestone products in North America, manufacturing and distributing up to 8 million tons per year of finished lime products. They provide another 25 million tons of high purity chemical limestone and aggregates and two million tons of high grade silica sand products. Their 32 manufacturing facilities supply and serve 33 states and provinces in the eastern USA and Canada, and employ over 2,400 employees.
FuelQuest provides on-demand, Web based supply chain management and tax automation technologies for suppliers, distributors, buyers, and traders of petroleum products and other energy commodities. FuelQuest solutions deliver operational and financial value to over 750 customers. These customers include leading global oil companies, international retailers, shippers, and government entities. FuelQuest solutions help customers manage the complexity, regulation, and market volatility of billions of gallons of gasoline and diesel fuel annually. ZyTax solutions process tens of billions of dollars of motor fuels excise taxes per year.
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