Welcome to Northville

A Petroleum Services Company

Welcome to the NIC Holding Corp web site. It is designed to familiarize you with our company, our products, and our services - so that we can better serve you.

In the NY metro area NIC Holding Corp is best known for its subsidiary Northville Industries, a petroleum storage, distribution and wholesale company. The terminal complex, comprised of 1.4 million barrels, stores and distributes refined products both for Northville marketing and for other companies. The marketing division sells heating oil, gasoline, diesel, and kerosene, and is especially proud of its commitment to renewable fuels—including B5 blends of heating oil and diesel, as well as Ethanol Flex Fuel, a high level ethanol-gasoline blend containing 70-80% ethanol depending upon your geographical location and season, for Flex Fuel vehicles. Since Northville began marketing E85 Flex Fuel it has sold over 35 million gallons, reducing CO2 emissions by approximately 81,000 metric tons.

NIC Holding Corp’s most significant activities include the domestic and international purchase, sale, and exchange of cargoes, barges, in-tank transfers and pipeline shipments of petroleum products. In addition NIC takes positions on regulated commodity futures exchanges and is a corporate member of the New York Mercantile Exchange. Company locations include Houston, Texas; Melville (Long Island), New York; and Palm Beach, Florida.

In addition to these businesses, NIC Holding Corp is the managing partner of Petroterminal de Panama, a Panamanian corporation that operates petroleum storage facilities on both the Pacific and the Caribbean coasts, and an 80 mile pipeline that connects the 2 terminals. The Caribbean port also handles both container and bulk dry cargo shipments.

The NIC Sustainable Investments subsidiary makes investments focused on the energy transition to renewable resources and decarbonization.

Northville has succeeded as a 3rd generation family business by placing a high priority on:

• Customer service
• State of the art information technology
• Entrepreneurial responses to changes in the petroleum industry

We welcome the opportunity to serve you.

*** Northville offers heating oil with up to 20% biodiesel ***
For more Information on biofuels click here.

Use in flexible-fuel vehicles

E85 is an abbreviation for an ethanol fuel blend of 85% denatured ethanol fuel and 15% gasoline or other hydrocarbon by volume, although the exact ratio of fuel ethanol to hydrocarbon can vary considerably while still carrying the E85 label. The ethanol content is adjusted according to the local climate to maximize engine performance. ASTM 5798 specifies the allowable fuel ethanol content in E85 as ranging from 51% to 83%.[1] E85 is commonly used by flexible-fuel vehicles (FFV) in the United States and Europe. In the United States, government subsidies of ethanol in general and E85 in particular have encouraged a growing infrastructure for the retail sale of E85, especially in corn growing states in the Midwest.[citation needed]

One purported advantage of E85 over conventional gasoline is a reduction in exhaust emissions, if one disregards the fact that E85 increases the emissions of acetaldehyde from vehicles.[2] Additionally, there is a greater potential for localized production of ethanol in agricultural areas and utilization of waste materials. Also, a diversification of fuel sources reduces dependence on any one particular type of fuel and may increase stability of supply.