Paramount Petroleum

Last updated
Paramount Petroleum
IndustryOil Refining
Successor Delek US
Headquarters,
United States
Key people
Alan P Moret, President
Parent Alon USA
Websitewww.ppcla.com

Paramount Petroleum Corporation was headquartered in Paramount, Los Angeles County, California. [1] It operated a refinery at that location, and was the largest seller of asphalt in California. [1]

Paramount also operated a refinery near Portland, Oregon, as well as several marketing terminals in the Western United States. [1]

Company

Paramount had been a subsidiary of Alon USA, a publicly traded refining and marketing company (NYSE:ALJ), since 2006. [1] The president of the company was Alan P Moret. [1] The company was largely financed by two prominent multi billionaires of the United States.

Delek US acquired Alon USA in 2017.

References