Paramount Petroleum Corporation · Paramount, CA United States
Company Description
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Across the Western US, black top roads that give a smooth ride and roofs that don't leak are the direct beneficiaries of Paramount Petroleum, a company for which the production of asphalt is paramount. The company, which was founded in the 1930s, and acquired by Alon USA Energy in 2006, manufactures, produces, and distributes asphalt products. Its core operation is a 54,000 barrel-per-day refinery (the largest and most efficient asphalt refinery in the state) located in Paramount, California. In addition to specialized roads and roofing asphalt products, Paramount Petroleum also produces diesel fuel, jet fuel, heating oil, gasoline, and gasoline feedstocks. To read the full description, subscribe now.
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Key Paramount Petroleum Corporation Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 300 |
Paramount Petroleum Corporation Executives
4 executives listed for Paramount Petroleum Corporation's Paramount, CA location.
| Title | Name & Bio | Contact |
| CEO | Jimmy Crosby | Network |
| SVP | Bill Thorpe | Network |
| President, Asphalt | Alan Moret | Network |
Competition
Competitive Landscape for Paramount Petroleum Corporation
Demand, largely driven by US consumption of gas and diesel fuel, has been relatively flat in recent years. The profitability of refineries depends on efficient operations and the best mixture of products. Although there are significant economies of scale in refinery operations, a small refinery can compete effectively with large ones if it's located in a favorable market area, or if it produces specialty products that are in high demand. The industry is highly automated: average annual revenue per worker is over $3 million. To read the full description, subscribe now.Top Paramount Petroleum Corporation Competitors
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