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CEPSA Marine Fuels has a new image |
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Saturday, 20 February 2010 |
CEPSA Marine Fuels (CMF), wholly-owned subsidiary CEPSA, has decided to update its corporate image in order to maximise its international presence. Adopting the corporate image will enable CMF to take maximum advantage of the synergies offered by being part of a Group that operates in Spain,
Algeria,
Brazil, Canada, Colombia, Egypt, Panama, Peru and Portugal, and which
sells its products all around the world.
The company, which has operated in the bunker business since 1930, set
up the CMF brand four years ago in order to focus its international
efforts, developing CMF as a supplier of shipping fuel, or "bunker", in
line with market trends towards ever greater internationalisation.
Since its creation, CMF has achieved the following targets:
• To develop international trading activities with growing sales in
international
ports and the capacity to offer additional services.
• To position itself as the leading supplier in a number of ports.
• To develop new financial and commercial projects outside Spain.
• To optimise usage of tankage and logistics facilities.
• To successfully meet environmental challenges related to marine fuels,
such as reducing sulphur levels.
CMF's new image, in place from 17 February, will help it to consolidate
its business and expand its operations, while meeting new challenges in
the area of specifications and in the regions where the company
operates.
CMF works constantly to improve its operations, products and services,
on the basis of the experience it has built up over the years. As part
of the CEPSA Group, the company can benefit from the brand image of a
market leader in many fields.
CEPSA is an industrial group whose activities span the entire oil value
chain, ranging from the exploration and production of hydrocarbons to
the marketing of petroleum products. The Company additionally has a
chemicals division that is tightly integrated with its refining segment,
manufacturing and selling feedstock for the production of value-added
components used in a wide variety of industries. Not only is CEPSA a
major energy player in Spain, but is also broadening its global
portfolio of operations in countries such as Algeria, Brazil, Canada,
Colombia, Egypt, Panama, Peru and Portugal, selling its products around
the world.
CMF, wholly-owned subsidiary CEPSA, began its activity in 1930 supplying
marine fuel for vessels in the Tenerife refinery. Today, CMF’s main
activity is focused on supplying fuel oil for vessels in Panama,
Portugal, in most of Spain’s Ports (specially the Canary Islands, Strait
of Gibraltar, and Huelva), complying with the rigorous environmental
standards and EU requirements.
Source: Cepsa Marine Fuels
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