BWC Terminals Completes Acquisition of NuStar Texas City Facility HOUSTON – December 8, 2020 –…
HOUSTON – July 6, 2020 – BWC Terminals today announced the completion of the combination of U.S.-based liquid storage terminal providers BW Terminals, Inc. (“BW Terminals”) and Contanda LLC (“Contanda”) which have been under common ownership since December 2019. The combined companies, which are rebranded as BWC Terminals, creates a leader in the liquid storage industry with significant expertise in providing innovative solutions and a deep commitment to exceptional customer service.
As previously announced in February 2020, Michael (“Mike”) Suder will serve as Chief Executive Officer of the companies. BWC Terminals collectively own 17 sites with over ten million barrels of storage capacity, including a new Jacintoport facility that is currently under construction in the Port of Houston which will add up to an additional three million barrels of capacity to the company’s portfolio.
“We are pleased to begin the next chapter for BWC Terminals,” said Suder. “Our combined industry leadership and joint reputation for providing exceptional customer service securely positions BWC Terminals as united to drive growth and deliver best-in-class liquid storage solutions across North America.”
About BWC Terminals
Headquartered in Houston, Texas, BWC Terminals is a premier provider of bulk liquid storage and logistics services to refiners, manufacturers and distributors of bulk liquids in North America. The companies consists of 17 sites with over ten million barrels of storage capacity. The BWC Terminals facilities are equipped to store a wide range of petroleum, chemical and agricultural products. Additional information about BWC Terminals is available at www.bwcterminals.com.
Kortnie Joyner, Director, Communications, BWC Terminals, (832) 699-4575, firstname.lastname@example.org