Carmeuse Outsources North American Fuel Management to FuelQuest.International Lime and Limestone limestone, sedimentary rock wholly or in large part composed of calcium carbonate. It is ordinarily white but may be colored by impurities, iron oxide making it brown, yellow, or red and carbon making it blue, black, or gray. The texture varies from coarse to fine. 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 See SaaS. 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 The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. services in order to mitigate risk and centralize cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. operational control of its diesel fuel procurement. Carmeuse, the largest producer of lime and limestone products in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , 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 fa·vor·a·ble adj. 1. Advantageous; helpful: favorable winds. 2. Encouraging; propitious: a favorable diagnosis. 3. 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 costs * 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 North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. lime industry. We are proud to work with them to address their diesel fuel needs." About Carmeuse Lime & Stone 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 2 million tons of high grade silica silica or silicon dioxide, chemical compound, SiO2. It is insoluble in water, slightly soluble in alkalies, and soluble in dilute hydrofluoric acid. Pure silica is colorless to white. 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. About FuelQuest 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 gasoline or petrol, light, volatile mixture of hydrocarbons for use in the internal-combustion engine and as an organic solvent, obtained primarily by fractional distillation and "cracking" of petroleum, but also obtained from natural gas, by and diesel fuel annually. ZyTax solutions process tens of billions of dollars of motor fuels excise taxes excise taxes, governmental levies on specific goods produced and consumed inside a country. They differ from tariffs, which usually apply only to foreign-made goods, and from sales taxes, which typically apply to all commodities other than those specifically exempted. per year. Find out more online at www.fuelquest.com. |
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