Industrial Info Tracks More Than $2.4 Billion in Planned First-Quarter U.S. Terminal Project Kickoffs, Completions

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Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is tracking $2.47 billion in planned Terminals Industry project starts and completions in the U.S. planned for first-quarter 2019. The projects range in size from hundreds of millions of dollars for grassroot terminals to $1 million inspection and upgrades projects. The Southwest market region, which includes the Gulf Coast states of Texas and Louisiana, leads in terms of the overall value of these projects.

Click on the image at right for a breakdown by market region of planned first-quarter 2019 U.S. Terminal project starts and completions.

Project Starts
Among the most anticipated project starts is a grassroot crude oil loading and unloading terminal on Corpus Christi Bay in Ingleside, Texas. The project is a joint venture of Buckeye Partners LP (NYSE:BPL) (Houston, Texas), Phillips 66 Company (NYSE:PSX) (Houston) and Marathon Petroleum Corporation (NSYE:MPC) (Findlay, Ohio). The two deepwater vessel docks will be capable of berthing Very Large Crude Carriers (VLCCs), which currently can be loaded only at the Louisiana Offshore Oil Port (LOOP) terminal in Louisiana. Construction is expected to be completed in the second half of 2020. For more information, see Industrial Info's project report.

Also in Texas, Energy Transfer LP (NYSE:LP) (Dallas, Texas) is preparing to begin construction on a grassroot ethylene export terminal near Nederland. The project would be connected to Energy Transfer's Lone Star storage caverns in Mont Belvieu, Texas, as well as the Louisiana ethylene market via existing pipelines. The facility would be able to export 800,000 metric tons of ethylene per year. For more information, see Industrial Info's project report.

In Louisiana, Ergon Incorporated (Saint James, Louisiana) is preparing to expand its crude oil storage terminal in Saint James. At the existing terminal, which has 2 million barrels of storage capacity, Ergon plans to construct six 250,000-barrel tanks. Construction is planned to begin early in the first quarter and be completed in third-quarter 2019. For more information, see Industrial Info's project report.

Moving away from the Gulf Coast, UGI Corporation (NYSE:UGI) (King of Prussia, Pennsylvania) plans to construct a propane storage terminal near Reading, Pennsylvania. The project entails constructing six 90,000-barrel storage tanks, along with truck unloading racks. The project is set to be completed by the end of first-quarter 2020. For more information, see Industrial Info's project report.

Project Completions
Several Terminal projects are planned to wrap up in the first quarter. Among these is Targa Resources Corporation's (NYSE:TRGP) (Houston) terminal dock demolition and rebuild at its facility in Galena Park, Texas. The project entails demolishing an existing dock capable of loading Medium Gas Carriers (MGCs) to build a new one to add the capability of loading three to four Very Large Gas Carriers (VLGCs) per month with propane. The project kicked off last summer and is expected to be completed early in the first quarter. For more information, see Industrial Info's project report.

In Pasadena, Texas, Intercontinental Terminals Company (Deer Park, Texas) is close to completing chemical storage tank additions at its terminal. The project includes constructing 18 tanks of various sizes. The project began in early 2018, with W.T. Byler Company Incorporated (Houston) providing engineering and construction services. For more information, see Industrial Info's project report.

Energy Transfer is expanding its natural gas liquids (NGL) storage capacity at its Lone Star facility in Mont Belvieu. The project involves leaching a new 3 million-barrel storage cavern for Y-grade NGLs to accommodate the output of an additional fractionator at the facility. WSP is the contractor on the project, which has an estimated total investment value of $35 million. For more information, see Industrial Info's project report.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.