Propane industry growth Archives

Setting Up a Propane Manufacturing Plant: Key Considerations

Establishing a propane manufacturing plant involves a detailed understanding of production processes, regulatory requirements, and market dynamics. Propane, a clean-burning fuel, is primarily produced as a byproduct of natural gas processing and petroleum refining. Its applications range from residential heating and cooking to industrial uses, making it a valuable energy source. Understanding Propane Production Propane… Continue reading Setting Up a Propane Manufacturing Plant: Key Considerations

Expanding Your Reach with Compressed Gas Sales

Propane companies looking for new ways to grow may find an opportunity in compressed gas sales. Many industries rely on gases like oxygen, nitrogen, acetylene, and carbon dioxide for welding, medical use, manufacturing, and food processing. Adding compressed gas to your product line could open new revenue streams while strengthening your business in an evolving… Continue reading Expanding Your Reach with Compressed Gas Sales

How Market Consolidation Affects Propane Business Owners

The propane Business industry is changing as larger companies continue to acquire smaller businesses. Market consolidation, where a few big players control more of the market, is becoming more common in propane distribution. While some propane business owners see consolidation as a challenge, others view it as an opportunity. Understanding how market consolidation works and… Continue reading How Market Consolidation Affects Propane Business Owners

The Role of a Business Consultant in Driving Growth and Efficiency

Running a propane business has many challenges, from managing operations and logistics to staying competitive in a changing market. As your company grows, decisions become more complex, and finding the best way forward isn’t always easy. This is where a business consultant can make a key difference. An experienced consultant brings outside expertise to help… Continue reading The Role of a Business Consultant in Driving Growth and Efficiency

Retiring with A Smart Move for Your Future

Exploring propane as an investment for your retirement plans might not be the first thing that comes to mind, but it could offer you some unique benefits. Here’s why you might want to consider propane as a key part of your retirement strategy. Stability and Demand Propane enjoys consistent demand for vital applications such as… Continue reading Retiring with A Smart Move for Your Future

Unlocking Growth Through Business Acquisitions

Acquiring smaller propane companies can offer significant growth opportunities for medium to large operations, but it does come with its own set of risks. Here’s what you need to know in order to decide if this move is right for your business. Opportunities Market Expansion Acquiring a smaller propane business can instantly expand your customer… Continue reading Unlocking Growth Through Business Acquisitions

Why Propane Is Outpacing Heating Oil

Propane is increasingly becoming a popular alternative to traditional heating oil. Here, we detail the numerous ways that propane is affecting the decline of heating oil use and what this shift means for both consumers and the energy industry. Efficiency and Cost Propane offers a higher heating efficiency than heating oil, allowing homes to heat… Continue reading Why Propane Is Outpacing Heating Oil

Why Becoming a Propane Distributor is a Smart Move

Becoming a propane distributor offers many opportunities, whether you’re looking to expand an existing business or start a new venture. As propane continues to be an essential energy source, the demand for reliable distributors remains strong. Here’s why becoming a propane distributor could be a smart move for you. A Growing Market The propane market… Continue reading Why Becoming a Propane Distributor is a Smart Move

Propane Growth: Franchise or Build from Within?

Expanding a propane business poses a significant strategic decision: should you franchise or pursue organic growth? This article explores the benefits and challenges of each approach to help business owners make informed decisions. Understanding Franchising Franchising Defined: In franchising, a business (the franchisor) grants another party (the franchisee) the right to use its trademark or… Continue reading Propane Growth: Franchise or Build from Within?

Propane Council Publishes Proposed 2025 Budget Plan for Public Comment

The Propane Education & Research Council (PERC) has released its proposed budget plan for 2025, inviting public comment to ensure transparency and community involvement. This initiative underscores PERC’s commitment to engaging with stakeholders and promoting the sustainable growth of the propane industry. Overview of the Proposed Budget The proposed budget outlines PERC’s strategic priorities for… Continue reading Propane Council Publishes Proposed 2025 Budget Plan for Public Comment

Fueling the Future: The Propane Industry’s Appeal for Aspiring Professionals

Starting a new career is a significant challenge. Some individuals are compelled to make this transition out of necessity, while others are driven by the desire for a rewarding and prosperous career path. One sector that has proven to be an excellent solution for many is the propane industry. Why Opt for a Career in… Continue reading Fueling the Future: The Propane Industry’s Appeal for Aspiring Professionals

Eastern Propane Gas Inc. Acquires Blue Flame Gas Co.: A Propane Industry Merger

Eastern Propane Gas Inc. has achieved a significant milestone by successfully acquiring the business assets of R.B. Sahagen Inc., which operates under the name Blue Flame Gas Co. This strategic acquisition brings together two long-standing and respected companies in the propane industry. Based in Rangeley, Maine, Blue Flame Gas Co. has been a trusted full-service… Continue reading Eastern Propane Gas Inc. Acquires Blue Flame Gas Co.: A Propane Industry Merger

Addressing Insurance Challenges in Propane Hauling

The propane industry is booming, with global market estimates at $87.58 billion in 2022 and an expected 5.2% growth rate by 2030. However, this growth brings increased insurance challenges for propane business owners due to the inherent risks in transporting hazardous materials. Understanding the Risks The Federal Motor Carrier Safety Administration (FMCSA) reports over 5,000… Continue reading Addressing Insurance Challenges in Propane Hauling

Navigating Challenges Effectively: A Blueprint for Propane Business Owners

In the world of propane businesses, challenges are a part and parcel of daily operations. As entrepreneurs in the propane industry, you are no strangers to overcoming hurdles. Whether it’s supply chain complexities, regulatory compliance, or adapting to evolving market demands, these challenges often find their way to your desk because they require a seasoned… Continue reading Navigating Challenges Effectively: A Blueprint for Propane Business Owners

Enhancing Propane Retailer Value: Factors That Matter

The value of a propane retailer’s business hinges on two primary drivers: the growth and sustainability of cash flow and the company’s operational and marketing strategies. While cash flow forms the foundation for valuing a propane company, the active and marketing practices influence the multiple applied to this cash flow. Not all cash flow is… Continue reading Enhancing Propane Retailer Value: Factors That Matter