Carmeuse Outsources North American Fuel Management To FuelQuest

Published 23rd February 2009

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 centralise 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 Carmeuse’s VP for Supply Chain, Jack Fahler. “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 costs
· Optimise 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
· Centralise 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 FuelQuest’s Vice President & GM of Fuel Management, Ryan Mossman. “Carmeuse is the undisputed leader in the North American 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 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.