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Future Growth
See description below photograph.
Dow
Haltermann Acquisition - HFOTCO's acquisition of the 50-acre property shown provides opportunities for large volume rail delivery
(up to 40 spot rack) and small tank storage of high value blend stocks, as well as additional land for
eventual construction of tanks for residual/crude oil. A portion of the approximately 450,000 bbls of
storage in smaller tanks will begin service 4th Quarter 2009 and the remainder will be placed in service
in 2010. Also located on this property are numerous smaller tanks (5 Mbbls or less) suitable for high
value blend stocks. Located adjacent to a navigable barge tributary, this property provides many options
for customers, including a future connection to the main facility.
New Ship and Barge
Docks -
Expanding HFOTCO's waterfront capacity increases
HFOTCO's operational efficiency, reduces customer expense
and lays the groundwork for future growth. We have signed a long-term lease for land on the ship channel
for the purpose of building our fourth ship dock.
HFOTCO will bring online its #6 barge dock in the 3rd
Quarter of 2009 with its #7 barge dock scheduled to become operational approximately one year later. HFOTCO has
also permitted its #8 barge dock for future expansion. Each barge dock will be capable of spotting four
barges. HFOTCO continues to look for additional opportunities to further increase its waterfront capacity
and tankage.
Moore Road
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An additional opportunity exists to tie
HFOTCO property located at Moore Road Junction into the main
facility. HFOTCO owns approximately 12 acres at Moore Road Junction, an established pipeline corridor
located approximately 7 miles north of our main facility. There is enough land to add approximately
1.3 million barrels of storage and we would have to build approximately 7.5 miles of new 24" pipeline
to connect to the main terminal.
New Tankage
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HFOTCO has
obtained permits to build
additional tankage beyond our
current construction, plus we
have space to build additional
tankage beyond this. Please
contact Kevin Hickey (khickey@hfotco.com)
or John Lorren (jlorren@hfotco.com)
for additional information.
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