Martin Midstream Partners L.P. is a publicly traded limited partnership with a diverse set of operations focused primarily in the United States Gulf Coast region. Our four primary business lines include:
- terminalling, processing, and storage services for petroleum products and by-products;
- land and marine transportation services for petroleum products and by-products, chemicals, and specialty products;
- sulfur and sulfur-based products processing, marketing, manufacturing, and distribution;
- marketing, distribution, and transportation services for natural gas liquids and blending and packaging services for specialty lubricants and grease.
The petroleum products and by-products we collect, transport, store, and market are produced primarily by major and independent oil and gas companies who often turn to third parties, such as us, for the transportation and disposition of these products. In addition to these major and independent oil and gas companies, our primary customers include independent refiners, large chemical companies, fertilizer manufacturers, and other wholesale purchasers of these products. We operate primarily in the U.S. Gulf Coast region, which is a major hub for petroleum refining, natural gas gathering and processing, and support services for the exploration and production industry.
Our sponsor, Martin Resource Management Corporation (MRMC), through its various subsidiaries is an independent provider of marketing and distribution of fuel oil, asphalt, diesel fuel and high-quality naphthenic lubricants. MRMC markets over 250 million gallons of diesel fuel and lubricants per year along the Gulf Coast and over 1.5 million barrels of naphthenic lubricants and base oils per year throughout the United States. In addition to owning our general partner, MRMC owns a meaningful number of limited partner units, which more closely aligns its interests with those of our investors.