Titan NRG Inc., through its subsidiaries, operates as a down-stream energy and transportation company.
The company operates 25+ transports in 9 states. It offers retail propane serving southern Arizona with 1500+ leased tanks. The company engages in the wholesale purchase and sale of LPG products with Vespene. The company has a long-term lease on the new 18 car rail facility in Tucson with 1.2mm gallons of propane/butane storage approved.
Subsidiaries
NRG Dynamics
NRG Dynamics has trucks in...
Titan NRG Inc., through its subsidiaries, operates as a down-stream energy and transportation company.
The company operates 25+ transports in 9 states. It offers retail propane serving southern Arizona with 1500+ leased tanks. The company engages in the wholesale purchase and sale of LPG products with Vespene. The company has a long-term lease on the new 18 car rail facility in Tucson with 1.2mm gallons of propane/butane storage approved.
Subsidiaries
NRG Dynamics
NRG Dynamics has trucks in nine states west of the Mississippi but has the authority to operate in all 48 continental states. NRG Dynamics is a modern fleet coupled with forward-thinking when it comes to technology and operations. The company is considered a specialized carrier with a primary focus on MC-331 tanker, hauling Liquid Petroleum Gases with access agreements for almost every loading facility in the west. During the summer months, the company converts part of its fleet to run liquid asphalt (hot oil) and emulsions for road construction.
NRG Rail
The company will be transloading until it begins phase 1 of the terminal construction. It has 18 Rail spots, 9 dual-sided towers, and 1.2m gallons of storage approved and permitted. Phase 1 begins with 5 towers, 360k gallons of storage, and two loading racks installed in '22. At that time, the transloader will be retired and the operation will commence operating as a Liquefied Petroleum Gas terminal.
APE Fuels
APE Fuels services over 2,000 customers with 1500+ leased company tanks.
Services
The company’s services are bulk transport, transloading and rail services, bulk storage, and residential propane residential and commercial propane.
Products
Propane
Propane is produced as a by-product of two other processes, natural gas processing and petroleum refining. The processing of natural gas involves the removal of butane, propane, and large amounts of ethane from the raw gas, to prevent condensation of these volatiles in natural gas pipelines. Additionally, oil refineries produce some propane as a by-product of cracking petroleum into gasoline or heating oil.
The supply of propane cannot easily be adjusted to meet increased demand, because of the by-product nature of propane production. About 90% of the U.S. propane is domestically produced. The United States imports about 10% of the propane consumed each year, with about 70% of that coming from Canada via pipeline and rail. The remaining 30% of imported propane comes to the United States from other sources via ocean transport.
After it is separated from the crude oil, North American propane is stored in huge salt caverns. Examples of these are Fort Saskatchewan, Alberta; Mont Belvieu, Texas; and Conway, Kansas. These salt caverns can store 80,000,000 barrels (13,000,000 m3) of propane.
Emulsion
An emulsion is a mixture of two or more liquids that are normally immiscible (unmixable or unblendable) owing to liquid-liquid phase separation. Emulsions are part of a more general class of two-phase systems of matter called colloids. Although the terms colloid and emulsion are sometimes used interchangeably, emulsion should be used when both phases, dispersed and continuous, are liquids. In an emulsion, one liquid (the dispersed phase) is dispersed in the other (the continuous phase). Examples of emulsions include vinaigrettes, homogenized milk, liquid biomolecular condensates, and some cutting fluids for metal working.
Metalworking fluids and other industrial lubricants are typically oil and water emulsions. Emulsifiers allow metalworkers to make use of both the lubricating properties of oils and the cooling capabilities of water. Anionic and nonionic emulsifiers are often used together in metalworking fluids. Cationic emulsifiers are rarely used because they are unstable in the alkaline solutions (pH 8–9.5) required for metalworking fluids.
Butane
Normal butane can be used for gasoline blending, as a fuel gas, fragrance extraction solvent, either alone or in a mixture with propane, and as a feedstock for the manufacture of ethylene and butadiene, a key ingredient of synthetic rubber. Isobutane is primarily used by refineries to enhance (increase) the octane number of motor gasoline.
When blended with propane and other hydrocarbons, it may be referred to commercially as LPG, for liquefied petroleum gas. It is used as a petrol component, as a feedstock for the production of base petrochemicals in steam cracking, as fuel for cigarette lighters, and as a propellant in aerosol sprays, such as deodorants.
Very pure forms of butane, especially isobutane, can be used as refrigerants and have largely replaced the ozone-layer-depleting halomethanes, for instance in household refrigerators and freezers. The system operating pressure for butane is lower than for the halomethanes, such as R-12, so R-12 systems, such as in automotive air conditioning systems, when converted to pure butane will not function optimally and therefore a mix of isobutane and propane is used to give cooling system performance comparable to R-12.
Asphalt
In material sciences and engineering, the terms ‘asphalt’ and ‘bitumen’ are often used interchangeably to mean both natural and manufactured forms of the substance, although there is regional variation as to which term is most common. Worldwide, geologists tend to favor the term ‘bitumen’ for the naturally occurring material.
For the manufactured material, which is a refined residue from the distillation process of selected crude oils, ‘bitumen’ is the prevalent term in much of the world, however, in American English, ‘asphalt’ is more commonly used. To help avoid confusion, the phrases ‘liquid asphalt’, ‘asphalt binder’, or ‘asphalt cement’ are used in the U.S.
Colloquially, various forms of asphalt are sometimes referred to as ‘tar’, as in the name of the La Brea Tar Pits, although tar is a different material.
Specialty Chemicals
Specialty chemicals are usually manufactured in batch chemical plants using batch processing techniques. A batch process is one in which a defined quantity of product is made from a fixed input of raw materials during a measured period of time.
The batch process most often consists of introducing accurately measured amounts of starting materials into a vessel followed by a series of processes involving mixing, heating, cooling, making more chemical reactions, distillation, crystallization, separation, drying, packaging etc., taking place at predetermined and scheduled intervals.
The manufacturing processes are supported by activities, such as the quality testing, storage, warehousing, logistics of the products, and management by recycling, treatment and disposal of by-products, and waste streams.
For the next ‘batch’ the equipment may be cleaned and the above processes repeated.
History
Titan NRG Inc. was founded in 2001.
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.
