Huntway Partners Expects Better 1st-Quarter Results

Huntway Partners L.P. said it expects its first-quarter results to be significantly improved this year, compared to a year ago when it had a net loss of $2.2 million on revenues of $17.2 million.

Huntway Partners, based in Newhall, owns two refineries in Wilmington and Benicia and produces liquid asphalt for road construction.

The company said its profit margins have improved this year on various kinds of asphalt products.