CountryMark is an
agricultural cooperative
An agricultural cooperative, also known as a farmers' co-op, is a cooperative in which farmers pool their resources in certain areas of activity.
A broad typology of agricultural cooperatives distinguishes between agricultural service cooperati ...
firm, headquartered in
Indianapolis
Indianapolis (), colloquially known as Indy, is the state capital and most populous city of the U.S. state of Indiana and the seat of Marion County. According to the U.S. Census Bureau, the consolidated population of Indianapolis and Marion ...
, that operates in the United States
crude oil
Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crude ...
and
oil refinery businesses. Its chief asset is an oil refinery in
Mount Vernon, Indiana which is fitted to process 28,000 barrels-per-day of crude from the
Illinois Basin
The Illinois Basin is a Paleozoic depositional and structural basin in the United States, centered in and underlying most of the state of Illinois, and extending into southwestern Indiana and western Kentucky. The basin is elongate, extending app ...
, a series of small oilfields in southeastern
Illinois, southwestern
Indiana, and western
Kentucky. In addition to refining oil and retailing oil products, its fleet of trucks gathers crude oil from Illinois Basin producers and, in 2008, acquired the
Evansville-based company Core Minerals and entered the business of searching for and directly producing crude oil.
CountryMark also owns a finished product pipeline, running from the refinery in Mount Vernon to
Peru, Indiana. CountryMark has terminals at the refinery, along the pipeline at
Switz City and
Jolietville, Indiana, and at the terminus of the pipeline at Peru. CountryMark also has a terminal in
Henderson, Kentucky, which is supplied by barge from Mount Vernon.
While CountryMark has historically specialized in the business of producing diesel motor fuels and lubricants that are attuned to the needs of agricultural machinery and farmer-drivers, Illinois Basin crude oil can be manufactured into a wide variety of products, and as of 2012 CountryMark has a small market share of the overall Indiana consumer market for oil products.
CountryMark's self-image is that of the only "American-owned" oil refinery in Indiana.
There are two oil refineries in Indiana; the other one, which has a processing capacity of 18x that of CountryMark's Mount Vernon refinery, is owned by
BP plc, a
British firm.
References
Oil companies of the United States
Companies based in Indianapolis
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