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AmeriGas was founded in 1959. In October 2008, it acquired the propane assets of Penn Fuel Propane for $32 million. [4]In January 2012, it acquired Heritage Propane from Energy Transfer Partners for approximately $1.46 billion in cash and $1.32 billion in common units and the assumption of debt.
AmeriGas, Ypsilanti, MI. UGI Corporation (formerly United Gas Improvement Corp.) is a natural gas and electric power distribution company headquartered in King of Prussia, Pennsylvania, with extensive operations in the United States and Europe. [1] UGI owns AmeriGas, the largest propane marketer in the United States.
The "prop-" root found in "propane" and names of other compounds with three-carbon chains was derived from "propionic acid", [21] which in turn was named after the Greek words protos (meaning first) and pion (fat), as it was the "first" member of the series of fatty acids.
While CEO of UGI in 2008, Greenberg earned a total compensation of $5,720,227, which included a base salary of $1,026,300; a cash bonus of $964,722; stock granted of $2,123,800; options granted of $1,524,000; and other compensation of $81,405.
September 14 – A propane pipeline to an underground storage cavern failed in Griffith, Indiana. The propane later caught fire. 1,000 residents were evacuated during the incident. [92] October 8 – A propane pipeline pump station exploded & burned, in Conway, Kansas. The fireball could be seen from a distance of up to about 25–26 miles.
The Irving Group of Companies is an informal name given to those companies owned and controlled by the Irving family of New Brunswick—descendants of Canadian industrialist K.C. Irving: his sons James K. (1928–2024), Arthur (1930–2024), and John (1932–2010), and their respective children.
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