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AmeriGas was founded in 1959. In October 2008, it acquired the propane assets of Penn Fuel Propane for $32 million. [4]In January 2012, it acquired Heritage Propane from Energy Transfer Partners for approximately $1.46 billion in cash and $1.32 billion in common units and the assumption of debt.
AmeriGas, Ypsilanti, MI. UGI Corporation (formerly United Gas Improvement Corp.) is a natural gas and electric power distribution company headquartered in King of Prussia, Pennsylvania, with extensive operations in the United States and Europe. [1] UGI owns AmeriGas, the largest propane marketer in the United States.
On December 1, 2002, Ferrellgas purchased the propane operations of ProAm, Inc., then the nation's 17th largest propane retailer, for $25.6 million and a $10 million deferred seller note. The regional company had 70,000 customers and 57 retail outlets in seven states, the largest concentration of these being in Georgia and Texas.
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A 20 lb (9.1 kg) steel propane cylinder. This cylinder is fitted with an overfill prevention device (OPD) valve, as evidenced by the trilobular handwheel. Propane (/ ˈ p r oʊ p eɪ n /) is a three-carbon alkane with the molecular formula C 3 H 8. It is a gas at standard temperature and pressure, but compressible to a transportable liquid.
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