The assets to be acquired from PBF Energy include: the Toledo Rail Products Facility which will be upgraded to facilitate clean product distribution and exports; the Chalmette Truck Rack dedicated to loading gasoline and distillate, as well as, delivering ethanol for blending; and the Paulsboro Lube Oil Terminal which will be expanded with additional
tankage and infrastructure.
Holly Energy Partners owns and operates petroleum product and crude gathering pipelines,
tankage and terminals in Texas, New Mexico, Arizona, Washington, Idaho, Oklahoma, Utah, Wyoming and Kansas as well as refinery processing units in Kansas.
The company has increased
tankage space for gasoline in its Keamari port in Karachi by 15,000 tonnes to satisfy increased domestic demand.
Holly Energy Partners will use the proceeds to pay a portion of the principal of the two promissory notes with a total original principal amount of USD150m (EUR111m) issued to wholly-owned subsidiaries of HollyFrontier Corp in relation to Holly Energy Partners' acquisition of certain pipeline,
tankage and other assets located at HollyFrontier Corp's El Dorado and Cheyenne refineries.
New water treatment facilities included
tankage, filtration, chemical treatment, pumps, piping, metering and controls.
The ISBL services involve debottlenecking of their existing epichlorohydrin plant to achieve increased capacity, and the OSBL services cover all utilities and the
tankage area.
They don't want to make two fuels and FBOs don't want to invest in
tankage that would essentially split sales that are already declining.
was awarded the
Tankage & Associated Interconnecting Piping Package for a total value of $1.2 billion and GS Engineering & Construction Corp.
One of the original goals was to double the flow through the treatment plant (from 200,000 gallons per day to 400,000 gallons per day) without adding
tankage. Mr.
KMP has entered into long-term agreements with Green Earth Fuels, LLC to build up to 1.3 million barrels of
tankage. These will handle 8 million barrels of biodiesel production in Houston, New Orleans, and New York.
Large and full
tankage between processes to forestall any process shutdowns due to unforeseen problems in adjacent areas.
Fox reports that what is known as "animal
tankage"--the non-fat animal residue from slaughterhouses--is used in a wide variety of products, from animal feed and fertilizer to pet food.
The consortium made up of Technip France and its subsidiaries Technip Italy and Technip International, has signed two contracts, one with Midor covering engineering, equipment and the construction of refining units, and a second with Midtap, the Middle East Oil
tankage and Pipelines Co, covering storage and general services infrastructures.
