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Sprague Resources Expands Terminal Capacity in Rhode Island, Connecticut, Builds on Major Acquisitions

Sprague Resources Expands Terminal Capacity in Rhode Island, Connecticut, Builds on Major Acquisitions

SUGAR LAND--August 14, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Sprague Resources LP (NYSE:SRLP) (Portsmouth, New Hampshire), a master limited partnership that trades, stores and distributes refined petroleum products and natural gas on the Eastern Seaboard, continued to expand its bulk terminal capacity in the U.S. Northeast, despite steep costs in second-quarter 2014 that eroded some of the company's acquisition-related gains. Industrial Info is tracking $5 million in tank inspection and upgrade projects at Sprague terminals.

Within this article: Details on Sprague's quarter and plans for expansion, with links to plant profiles.

Other companies featured: Hess Corporation (NYSE:HES)

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