Papco

Papco is a multifaceted petroleum marketing company that has been serving the Eastern United States since its inception in 1976. Established through the acquisition of CAPCO, a bankrupt petroleum company, Papco has grown to become a leader in innovative fuel solutions.

It offers a diverse portfolio of products and services tailored to meet the needs of commercial, industrial, and residential customers.

Product and Service Offerings

Papco's extensive range of services includes:

• Fuel Supply and Distribution: Supplying all grades and blends of gasoline, on-road and off-road diesel, biofuels, marine fuels, heating oil, and kerosene across 15 states.
• Price Risk Management: Offering customized programs to protect customers against market volatility, including market index pricing, NYMEX triggers, index discounts with price floors, price caps, and Department of Energy indexing.
• Fleet Card Solutions: Providing the PAPCO Universal Fleet Card, accepted at over 230,000 locations nationwide, to help fleet owners manage fuel costs, monitor transactions in real time, and control driver accounts.
• Lubricants and Home Heating: Distributing Mobil lubricants to commercial, automotive, and industrial customers, and offering home heating oil services in the Hampton Roads region of Virginia.
• Marine Fuels and Services: Operating a facility in the Newport News Seafood Industrial Park, providing marine fuels, lubricants, complete dockside services, and environmental support including oil spill response.

Expansion and Growth

Over the years, Papco has expanded its footprint through strategic acquisitions and partnerships, enhancing its service offerings and geographic reach.

In 2012, Papco acquired the commercial and governmental fuels divisions of ISO Bunkers, extending its trading area from New York to Florida. The company also began shipping products on the Colonial Pipeline, creating new opportunities for customers and growing its service areas along the eastern United States.

Recent Developments

In July 2023, Papco was acquired by Innovative Office Solutions, a leading provider of office productivity solutions.

This strategic merger aims to provide a more comprehensive range of products, solutions, and expertise to customers, particularly in the Jan/San industry.

Locations

Papco operates primarily in the Eastern United States, with its headquarters located at 4920 Southern Boulevard, Virginia Beach, Virginia 23462.

The company has a facility in the Newport News Seafood Industrial Park, offering marine fuels and services.

Additional locations and presence include:

• Delaware
• Florida
• Georgia
• Indiana
• Kentucky
• Maryland
• New Jersey
• New York
• North Carolina
• Ohio
• Pennsylvania
• South Carolina
• Tennessee
• Virginia
• West Virginia
• San Francisco, CA, USA

Through its comprehensive suite of services and strategic growth initiatives, Papco continues to be a trusted partner for businesses seeking reliable and innovative energy solutions across the Eastern United States.