Chemoil Files Suit Against STUSCO

Wednesday, February 11, 2004
Chemoil Corporation announced today that it has filed suit against Shell Trading US Co. (STUSCO) in the Federal Courts of the Southern District of Texas in connection with certain acidic products, which STUSCO supplied to Chemoil during 2003. In this suit, Chemoil is seeking indemnity from STUSCO, as well as damages for breach of contract and other causes of action. This action is directly related to a series of TAN (Total Acid Number) bunker claims received by Chemoil in New Orleans during April of 2003, which were the subject of a previous Chemoil News release (Acid Fuel/US Gulf Coast, June 26, 2003).

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