JACKSON, Miss.--(BUSINESS WIRE)--Following the announced agreement between Ergon, Inc. (“Ergon”) and Delek US Holdings, Inc. on the sale of Lion Oil Company (“Lion”) in El Dorado, Arkansas, Ergon Asphalt & Emulsions, Inc., (“Ergon A&E”) announces the continuation of services performed in the marketing of Lion’s paving asphalt under the Lion brand.
Under this agreement, effective at closing during the second quarter 2011, Ergon A&E will continue to market all retail paving asphalt from the Lion refinery in El Dorado, AR as well as from the asphalt terminals in Henderson, TX and Muskogee, OK.
“We are excited about the opportunity to continue to market these barrels as we have for the past 25 years. We look forward to continue to work with the management of Lion to continue to provide top quality asphalts to the paving industry in this market, as well as new innovations to come,” stated J. Baxter Burns, II, President, Ergon Asphalt & Emulsions, Inc.
About Ergon Asphalt and Emulsions, Inc.
Ergon Asphalt & Emulsions, Inc., is an Ergon subsidiary and operates as an asphalt and emulsion producer and marketer. It specializes in the development of superior engineered paving and preservation products.
About Ergon, Inc.
Ergon, Inc., is a privately held company and operates under six primary business segments: Refining & Marketing, Asphalt & Emulsions, Transportation & Terminaling, Oil & Gas, Embedded Computing and Real Estate.