OCI Partners acquires ammonia tank storage capacity in Texas
With this, OCI Partners will have additional ammonia storage capacity and access to an ammonia pipeline
BS B2B Bureau B2B Connect | Texas, USA
By acquiring the tank, OCI Partners LP will have additional ammonia storage capacity and access to an ammonia pipeline. The access to the pipeline will allow OCI Partners LP the flexibility to switch a larger portion of its ammonia sales via pipeline as opposed to barge providing more flexibility on a need-be basis.
In addition, the acquisition of the ammonia tank will facilitate the installation of ammonia truck and railcar loading capacity which will help diversify OCI Partners LP's customer base.
OCI Partners LP owns and operates a recently upgraded, integrated methanol and ammonia production facility that is strategically located on the Texas Gulf Coast near Beaumont. The facility currently has a methanol production capacity of 7,30,000 metric tonnes per year and an ammonia production capacity of 2,65,000 metric tonnes per year.
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First Published: Dec 24 2013 | 5:04 PM IST