Alternative Fuel
Tampa Port Inks Deal with Kinder Morgan and CSX for New Ethanol Hub
Kinder Morgan Energy Partners LP (NYSE:KMP) (Houston, Texas) and CSX Corporation (NYSE:CSX) (Jacksonville, Florida) have inked a deal with the Tampa Port Authority (Tampa, Florida) to develop a new ethanol distribution hub...
Released Tuesday, September 20, 2011
Researched by Industrial Info Resources (Sugar Land, Texas)--In an effort to keep ethanol flowing into the central Florida market, Kinder Morgan Energy Partners LP (NYSE:KMP) (Houston, Texas) and CSX Corporation (NYSE:CSX) (Jacksonville, Florida) have inked a deal with the Tampa Port Authority (Tampa, Florida) to develop a new ethanol distribution hub at the CSX rail yard, located at Hookers Point near the port.
CSX and the port are planning an $11 million project to add rail capacity and modify Kinder Morgan's two-mile Inter-Terminal Transfer pipeline. The 100-car train will deliver ethanol from the Midwest and will be offloaded at Kinder Morgan's Tampa Terminal for distribution to numerous blending terminals.
The project is also expected to reduce the carbon footprint of ethanol deliveries by using rail and pipelines to move product that has been traditionally shipped via truck.
The additional rail facilities will also allow the port to move containers and general cargo directly from dock to rail, and improve efficiency and safety.
The project is expected to be fully operational and handling product by September 2012.
Industrial Info's databases provide a comprehensive outline of all current development activities in the emerging alternative fuels market. Our North American Biodiesel Database covers 136 operational plants and 90 plants under development. Our North American Ethanol Database covers 214 plants currently in operation and 138 plants in various phases of development. Our North American Wood Fuel Pellet Database includes 63 operational plants producing greater than 25,000 tons annually, and 38 projects in progress.
Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR'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.
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