CountryMark
agricultural supply cooperative | |
Industry | Oil and gas |
Headquarters | Indianapolis, Indiana, United States |
Area served | Indiana, Ohio, Michigan, Illinois and Kentucky |
Website |
www |
CountryMark is an agricultural cooperative firm, headquartered in Indianapolis, that operates in the United States crude oil 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, 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, IN based company Core Minerals and entered the business of searching for and directly producing crude oil.[1] CountryMark also owns its own 238 mile long finished product pipeline, running from the refinery in Mount Vernon, Indiana to Peru, Indiana. CountryMark has terminals at the refinery, and along the pipeline at Switz City, Indiana, Jolietville, Indiana and at the terminus of the pipeline at Peru, Indiana. CountryMark also has a terminal in Henderson, Kentucky, which is supplied by barge from Mt. Vernon.[2]
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.[1]
CountryMark's self-image is that of the only "American-owned" oil refinery in Indiana.[1] 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 London, England firm.