What is Tricor Refining?
Tricor Refining, LLC operates as a dedicated processing, transloading, and storage facility for petroleum and asphalt products. As the exclusive distributor of Golden Bear pavement preservation products, the company leverages its advanced emulsion and polymer plants, alongside dual asphalt blowing stills, to offer diverse processing capabilities. Tricor Refining caters to industrial asphalt customers across various sectors, positioning itself as a reliable provider of comprehensive solutions for petroleum and asphalt needs.
How much funding has Tricor Refining raised?
Tricor Refining has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Tricor Refining?
The substantial backing, particularly the recent major strategic investment, indicates Tricor Refining is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel advancements in their processing capabilities, potentially broadening their product lines and market reach within the industrial asphalt and petroleum sectors. The company's focus on specialized services suggests a strategic direction towards solidifying its niche leadership and exploring new avenues for growth and efficiency.
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