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Superior Plus Corp T.SPB

Alternate Symbol(s):  SUUIF

Superior Plus Corp. is a Canada-based distributor of propane, compressed natural gas, renewable energy and related products and services. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, it delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers. Its segments include U.S. Retail Propane Distribution (U.S. Propane), Canadian Retail Propane Distribution (Canadian Propane), North American Wholesale Propane Distribution (Wholesale Propane) and Certarus Ltd. (Certarus). The U.S. Propane segment distributes propane gas and liquid fuels primarily in the Eastern United States and California, as well as the Midwest to residential and commercial customers. The Canadian Propane segment distributes propane gas and liquid fuels across Canada to residential and commercial customers. The Wholesale Propane segment distributes propane gas and other natural gas liquids across Canada and the United States.


TSX:SPB - Post by User

Post by philip469on Mar 28, 2022 11:06am
137 Views
Post# 34551951

Propane in a new industrial revolution

Propane in a new industrial revolution https://doomberg.substack.com/p/farmers-on-the-brink

What does propane supply have to do with farming? Grain drying. Here’s a primer on the importance of drying, from Wikipedia:

Hundreds of millions of tonnes of wheat, corn, soybean, rice and other grains as sorghum, sunflower seeds, rapeseed/canola, barley, oats, etc., are dried in grain dryers. In the main agricultural countries, drying comprises the reduction of moisture from about 17-30% w/w to values between 8 and 15% w/w, depending on the grain. The final moisture content for drying must be adequate for storage.

My interpretation : If we do see a food crisis propane could be put into the spotlight as a very crucial commodity and superior plus being an integral part of the shipping process could benefit from the shift . We do know that politicnas care about being more green in their energy policy and propane is a cleaner fuel. With more Nat Gas coming online due to the war in ukraine and wanting to ween Europe off the Russsian gas supply we could see more production in Nat Gas which could produce more propane as it's a bi product of nat gas. With globalization being a huge topic lately we could see more production of goods in north america to create more jobs and be a country that relies more on exporting it's good instead of importing . If this globaliztion trasition happens we will see more industrial productivity and more propane being consumed . I am not an expert and this isn't finacial advice. I am new to the space and full disclosure have a position in SPB . I am sure someone could poke holes in what i'm saying so feel free so I can learn as well. 

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