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It was founded in 1998 by its current president and CEO John J. Sherman after he sold his start up propane marketing company LPG Services Group to Dynegy. [3] As of November 2010, the company had acquired 89 businesses – mostly regional and local propane distributors.
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PECO has a liquefied natural gas storage facility in West Conshohocken, PA. with capacity of 1,200,000,000 cubic feet (34,000,000 m 3) and a propane-air plant in Chester, PA. with storage capacity of 1,980,000 US gallons (7,500 m 3). The company also owns 29 natural gas city gate stations at locations that link with various interstate pipelines.
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Blue Rhino propane grill tank Multiple stacks of Blue Rhino propane tanks lined up in Grove City, PA. On February 9, 2004, Ferrellgas announced its blockbuster merger with Blue Rhino Corporation, [17] the nation's largest provider of propane by portable tank exchange. Under the terms of the agreement, Ferrellgas purchased shares of Blue Rhino ...
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