Terminalling business plan

We undertake no obligation to update such statements for any reason, except as required by law. The closing of the Partnership's Marine Products Terminals divestiture further strengthens the Partnership's liquidity position.

The divestiture of the Marine Products Terminals further simplifies AMID's business profile, providing the foundation to further scale the Partnership's core strategic assets.

Magnolia Marine is continually expanding and optimizing its boat and barge fleet to provide quality customer service and meet strong customer demand. Under rigorous quality and safety controls, products are off-loaded, sampled, tested and stored until they are ready for loading into tankers, railcars, trucks and barges, or fed through pipelines.

The immediate use of these proceeds will go toward reducing indebtedness under the Partnership's revolving credit facility, as well as general corporate purposes.

The assets continue to perform well, with strong demand and high utilization rates. While the Southcross combination provided compelling growth opportunities, the Partnership was unable to arrange a prudent financing plan to consummate the transaction.

The divestiture of the Marine Products Terminals, including the Harvey and Westwego terminals located in the Port of New Orleans and the Brunswick terminal located in the Port of Brunswick in Terminalling business plan, is a continuation of the Partnership's previously announced non-core asset divestiture program.

Additionally, Ergon subsidiaries own and lease pipeline and gathering systems to transport, store and distribute crude oil and finished products.

The divestiture of the Marine Products Terminals further simplifies AMID's business profile, providing the foundation to further scale the Partnership's core strategic assets. We undertake no obligation to update such statements for any reason, except as required by law.

We have used the words "could," "expect," "intend," "may," "strive," "will," "would," and similar terms and phrases to identify forward-looking statements in this press release. The transaction is expected to close in the third quarter of About American Midstream Partners, LP American Midstream Partners, LP is a growth-oriented limited partnership formed to provide critical midstream infrastructure that links producers of natural gas, crude oil, NGLs, condensate and specialty chemicals to end-use markets.

Ergon Terminaling continues to expand its capabilities through the acquisition of a storage terminal in Ohio and a common carrier pipeline in Texas.

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Although we believe the assumptions upon which these forward-looking statements are based are reasonable, any of these assumptions could prove to be inaccurate and the forward-looking statements based on these assumptions could be incorrect.

The forward-looking statements herein speak as of the date of this press release. We undertake no obligation to update such statements for any reason, except as required by law. Closing of the sale of the Marine Products Terminals is subject to customary closing conditions, including clearance under the Hart-Scott-Rodino Act.

Further debt reduction will provide the Partnership with a more flexible capital structure, which will enable the Partnership to further enhance liquidity as it continues to execute on strategic growth initiatives.

The content of our website is not part of this release. The content of our website is not part of this release. Further debt reduction will provide the Partnership with a more flexible capital structure, which will enable the Partnership to further enhance liquidity as it continues to execute on strategic growth initiatives.

By utilizing its trucks to deliver crude from fields in Pennsylvania, West Virginia, New York, Ohio, Louisiana and Texas, as well as to deliver asphalt and sensitive process oil products, it ensures that products maintain integrity throughout transport.

Sunoco operates approximately retail stores, delivers fuel to 1, dealers and supplies fuel to distributors for delivery to another 3, sites. Further debt reduction will provide the Partnership with a more flexible capital structure, which will enable the Partnership to further enhance liquidity as it continues to execute on strategic growth initiatives.

Terminalling & Storage

AMID "AMID" or "Partnership" today announced it has entered into a definitive agreement for the sale of its marine products terminalling business the "Marine Products Terminals" to institutional investors advised by J.

The transaction is expected to close in the third quarter of The Partnership is encouraged by continued growth across its asset base and the increase in producer activity in and around the Partnership's core asset footprint provides additional opportunities for continued growth. Notwithstanding the passing of this outside date, the Partnership, along with Southcross, continues to work to close the combination, while striving to create the appropriate capital structure for the combined entity going forward.

Ergon, Inc.

About American Midstream Partners, LP American Midstream Partners, LP is a growth-oriented limited partnership formed to provide critical midstream infrastructure that links producers of natural gas, crude oil, NGLs and condensate to end-use markets.

In-house maintenance facilities and a staff of experienced mechanics keep fleet resources in top operating condition.

Although we believe the assumptions upon which these forward-looking statements are based are reasonable, any of these assumptions could prove to be inaccurate and the forward-looking statements based on these assumptions could be incorrect.

The assets continue to perform well, with strong demand and high utilization rates. Many of the factors that will determine these results are beyond our ability to control or predict.

The closing of the Partnership's Marine Products Terminals divestiture further strengthens the Partnership's liquidity position. These factors include the risk factors described in Part I, Item 1A. We have used the words "could," "expect," "intend," "may," "strive," "will," "would," and similar terms and phrases to identify forward-looking statements in this press release.

Formed by consolidating several trucking entities inErgon Trucking provides a flexible and responsive transportation system that assures the strategic pick-up and delivery of crude oil, asphalt, process oils, lubes, chemicals, caustics and a wide range of liquid products, serving external customers as well as Ergon companies.

Terminalling & Storage

Additional services include steam and electric tracing, blasting, painting and fireproofing. Closing of the sale of the Marine Products Terminals is subject to customary closing conditions, including clearance under the Hart-Scott-Rodino Act. Canal Terminal Company, a subsidiary of Canal Barge, is a full-scale, state-of-the-art bulk liquid storage facility.

Located just outside of Chicago, Illinois, our facility is easily accessible by river, road or rail and our automated services and efficient layout allow for some.

Real time Plains All American Pipeline (PAA) stock price quote, stock graph, news & analysis. Aug 01,  · The successful completion of this transaction strengthens the Partnership's balance sheet and supports its deleveraging plan, while demonstrating the Partnership's ability to.

The refined products terminalling business has a combined 21 tanks, approximately million barrels of storage capacity and approximately 77, barrels per day of total throughput capacity.

The divestiture of the Refined Products Terminals also simplifies AMID’s business profile while creating capital flexibility. Blueknight Energy Partners G.P. LLC. BlueKnight Energy Partners LP engages in the provision of integrated terminalling, gathering, and transportation services.

Jun 18,  · The divestiture of the Marine Products Terminals further simplifies AMID's business profile, providing the foundation to further scale the Partnership's core strategic assets.

Terminalling business plan
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