SemMaterials Acquires St. Louis Asphalt Facility



    TULSA, OKLA., April 30 /CNW/ - SemMaterials, L.P. announced today that it
acquired a private owned asphalt storage facility located in St. Louis, MO,
from Broadway Petroleum Company, LLC. Terms for the purchase were not
disclosed. The 15-acre site includes asphalt storage with a total shell
capacity of 505,435 barrels and a deep water barge dock with 700 feet of river
frontage. All but 55,000 barrels of the storage is under lease until the first
quarter of 2008.

    Frank Panzer, SemMaterials president and chief operating officer, said,
"The SemMaterials Broadway facility represents a strategic location for
SemMaterials to stage asphalt supplies for distribution directly to our
Midwest asphalt facilities. The St. Louis site provides us excellent rail,
barge and interstate access to move asphalt into areas of high demand."

    The Broadway facility has 13 asphalt tanks ranging in size from 15,000 to
84,000 barrels capacity; a 40x200 foot dock barge with dual mooring dolphins
on the Mississippi River; a two-bay truck loading facility, Union Pacific
Railroad service and a fenced private spur; and office, terminal and shop
buildings.

    SemMaterials, L.P., a subsidiary of SemGroup, L.P SemMaterials is one of
the largest asphalt marketing companies in the United States and Mexico. It is
a subsidiary of SemGroup, L.P. The company develops, produces, markets and
stores a diverse line of asphalt cements, modified asphalts, asphalt emulsions
and innovative performance-based pavement technologies. For more information,
visit www.semmaterials.com.

    SemGroup, L.P. is a privately held midstream company providing the energy
industry means to move products from the wellhead to the wholesale
marketplace. With operations in the United States, Canada, Mexico, Wales
(United Kingdom), Switzerland and Vietnam, SemGroup's business segments focus
on activities related to crude oil, refined petroleum products, natural gas,
natural gas liquids and asphalt. Based in Tulsa, Oklahoma, SemGroup has been
ranked in the top 10 of Forbes magazine's list of America's Largest Private
Companies for the past two years. For additional information, visit
www.semgrouplp.com.




For further information:

For further information: SemGroup, L.P. Susan Dornblaser, 918-524-8365

Organization Profile

SEMGROUP, L.P.

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