Excel Paralubes definition

Excel Paralubes means the joint venture formed by agreement dated August 2, 1994, between Atlas and Conoco, which produces Base Oil at a facility in Westlake, LA, and which is operated by Conoco.
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Excel Paralubes means the Texas general partnership of that name.
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Examples of Excel Paralubes in a sentence

  • Mercury has taken steps to supply more of its domestic crude feedstock to MPC's refineries and the Excel Paralubes joint venture should alleviate dependence on external suppliers of base oils (1).

  • Seller shall supply Supplemental Volume upon Buyer’s request if Excel Paralubes produces Supplemental Volume; the decision to produce or not to produce Supplemental Volume is solely within the discretion of Excel Paralubes and of its partners, including Seller.

  • In the event Excel Paralubes declares an event of force majeure under the Co-Products Sale and Purchase Agreement between Excel Paralubes and Seller, which event of force majeure prevents the sale of the HDW Diesel to Seller thereunder, then Seller may also declare an event of force majeure hereunder.

  • No Supplemental Volume has been delivered to Seller by Excel Paralubes during 2006 or the first six months of 2007.

  • Section 4.1. Seller shall make available to Buyer all of the volume of HDW Diesel that Seller is able to purchase and receive from Excel Paralubes pursuant to the May 12, 1995 Co-Products Sale and Purchase Agreement between Seller and Excel Paralubes.

  • Section 6.2. Supplemental Volumes processed and delivered under this Agreement will be metered by Excel Paralubes and the relevant processing fee will billed according to that metered volume.

  • To cover anticipated hydrogen needs of the refinery and Excel Paralubes, a take or pay option is sometimes utilized.

  • Neither Seller nor Excel Paralubes has any obligation to produce Supplemental Volume or to sell or deliver Supplemental Volume to Buyer.

  • Section 4.3. The HDW Diesel shall meet the specifications established from time to time by Excel Paralubes.

  • If Buyer requests a change in specifications, and if Excel Paralubes is willing to accommodate that request, the price of HDW Diesel sold hereunder shall be adjusted to include cost incurred due to the change.