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Aug 18, 2011

New PC&F Partnership to Propel Alternative Fueling Stations

PrintNew PC&F Partnership to Propel Alternative Fueling Stations  

REDWOOD CITY, Calif. -- Pacific Convenience and Fuels LLC (PC&F) has signed a multi-year agreement with Propel Fuels to co-locate "Clean Fuel Points" throughout the western part of the United States.

The companies have targeted 80 of PC&F's 300 potential locations to install renewable fuel self-serve filling stations, which will co-exist with traditional fueling stations. The potential locations are in California, Washington, Oregon and Colorado, and operate under several brands such as Chevron, 76, Conoco, and Circle K.

According to Propel, the deal allows the company to boost revenues and provide a new income stream for PC&F. In return, Propel receives access to premium real estate on existing sites.

"[This] first-of-its-kind agreement allows us to quickly scale our business, opening the door to renewable fuel across the western U.S., America's most underserved market for renewable fuels," said Matt Horton, CEO of Propel. "And with U.S. automakers significantly increasing production of flex-fuel and diesel vehicles, we will give customers true choice at the pump, making progress toward reducing our nation's independence on foreign oil and lowering carbon emissions."

Chris Wilson, general manager of PC&F, said the partnership is important because it meets a growing demand for alternative fuels. "We are pleased to partner with Propel, the leader in alternative fuels, to bring this option to our customers."








Find Reports & Data

CSNews' 2011 Realities of the Aisle Consumer Study

Consumers are shopping convenience stores slightly more often than they were a year ago, but the nation’s economic doldrums continue to be a drag on spending, according to Convenience Store News’ annual consumer study – Realities of the Aisle 2011.

CSNEWS 2011 Foodservice Study

After reporting a 6.1-percent sales increase in 2010, convenience store retailers expect to generate increased sales and profits from their foodservice operations this year.

CSNews' 2011 Industry Report Study

The convenience store industry had a good year last year. The 13.5 percent total industrywide sales increase was a big improvement over the more than 20-percentage point drop in 2009.

CSNews 2011 New Products Scorecard

The success rates for new items introduced to the convenience store industry last year were down in all seven major product categories tracked in the Convenience Store News New Product Scorecard, but retailers nevertheless increased the number of new items on their shelves and increasingly relied on store associates to make consumers aware of those products.

CSNews 2011 Industry Forecast Study

Although the recession is officially over, consumers in the U.S. remain “mad as hell” and “frustrated” by the slow pace of recovery.



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