Two companies partner to build an ethanol distribution and storage facility to feed ethanol to blenders on the east coast. I explained earlier this year that ethanol cannot be pumped through existing pipeline networks because it is corrosive.
"Pete"
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NuStar, Eco-Energy planning D.C.-area ethanol transportation
facility
San Antonio
Business Journal by James Aldridge, Web Editor
Date: Monday,
July 30, 2012, 11:12am CDT
NuStar Energy
LP and Eco-Energy Holdings Inc. are developing an ethanol unit train and
storage facility to serve the Northern Virginia and Washington, D.C., markets.
NuStar and
Eco-Energy will jointly build an ethanol unloading, storage and outbound truck
loading system at NuStar’s Dumfries, Va., facility. Each company will bear
their own development, construction and refurbishment costs. Dumfries is
located about 20 miles south of Washington, D.C.
The terminal
will have 155,000 barrels of ethanol storage capacity and will be capable of
distributing more than 400,000 barrels of ethanol per month. The terminal will
be equipped to receive up to 96 rail car units through a connection with CSX
Transportation. Operations should commence sometime during the third quarter of
2013.
San
Antonio-based NuStar (NYSE: NS) is a publicly traded, limited partnership that
owns 8,420 miles of pipeline; 84 terminal and storage facilities; two asphalt
refineries and a fuels refinery with a combined throughput capacity of 118,500
barrels per day.
Franklin,
Tenn.-based Eco-Energy markets and distributes biofuels. The company has more
than $3 billion in sales.
