Saconix is a joint venture of Copperbeck Energy Partners LLC and Martin Resource Management Corporation.
Dallas-based Copperbeck Energy Partners is a private energy company focused on providing strategic midstream and downstream-adjacent infrastructure and services for refineries, petrochemical and industrial concerns. Formed in 2017 with a substantial equity commitment from Tailwater Capital LLC, Copperbeck utilizes a creative approach to strategic asset and corporate development opportunities through structuring, management and operational flexibility.
Martin Resource Management Corporation (“MRMC”) through its various operating subsidiaries is an independent provider of marketing and distribution and transportation of hydrocarbon products and by-products including asphalt, molten sulfur, sulfur-based derivatives including sulfuric acid, fuel oil, natural gas liquids, paper mill liquids, and other bulk tank liquids. Additionally, MRMC markets and distributes naphthenic lubricating oils for specialty applications used in the automotive, energy and petrochemical industries. MRMC also owns the majority (a 51.0% interest) of the general partner of the publicly traded master limited partnership, Martin Midstream Partners L.P. (NASDAQ:MMLP) and approximately 16.5% of the outstanding limited partnership units.