# Placid Refining Company

Placid Refining Company is a Pension Fund based in Port Allen, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Port Allen, United States
- **Region:** North America
- **Address:** Port Allen, LA, United States
- **Founded:** 1975
- **Assets under management:** Undisclosed
- **Website:** placidrefining.com
- **LinkedIn:** https://www.linkedin.com/company/placid-refining-company-llc

## Regulatory record

- **Reports private funds:** No

## About

Placid Refining Company is an independent entity producing transportation fuels within the petroleum refining sector. It produces conventional and ethanol blended gasoline, ultra-low sulfur diesel, biodiesel blends, and Jet-A aviation fuel. The company serves independent retailers, jobbers, and the US military in Louisiana, where it is based and was founded in 1975.

## Sectors

- Refining & Petrochemicals
- Real Estate
- Industrial

## Offices

- Baton Rouge, LA

## People

- Robert Beadle — President

## Questions

### Who runs investment and operational decisions at Placid Refining?

President Robert Beadle leads the company, overseeing refinery operations and corporate strategy from the Baton Rouge-area headquarters. Historically, the executive team included long-tenured leaders such as former CEO Dan Tatum. The governance structure reflects a corporate operating company rather than an investment committee model.

### What assets does Placid Refining own beyond the Port Allen refinery?

The firm holds the 75,000-barrel-per-day refinery with Mississippi River deep-water access, crude and refined product logistics assets including tankage and pipeline connections, and commercial real estate in Baton Rouge. It operates a Cessna 560XL Citation Excel for executive transport. The portfolio is industrial and operational, not financial-investment oriented.

### What is Placid Refining's posture on external co-investments or partnerships?

Placid operates as an independent industrial company — not as a fund or family office that takes outside capital. Its capital deployment is internal: refinery turnarounds, crude procurement, and logistics infrastructure. There is no public record of the firm co-investing alongside external general partners or participating in fund structures.

### How does Placid Refining participate in the Gulf Coast fuel market?

Its Port Allen refinery processes light sweet and medium sour crudes delivered by barge and pipeline, with refined products — gasoline, diesel, jet fuel, petrochemical feedstocks — moving into the Colonial and Plantation pipeline systems. This places Placid within the integrated Gulf Coast wholesale fuel-distribution network, selling to rack marketers and bulk end-users.

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Last updated: 2026-06-03T20:00:00.000Z

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