BWC Terminals Enters into Agreement to Purchase NuStar Texas City Facility HOUSTON – November 2,…
BWC Terminals Completes Acquisition of NuStar Texas City Facility
HOUSTON – December 8, 2020 – BWC Terminals, a provider of bulk liquid storage and logistics services in North America, announced today it has completed the acquisition of NuStar Texas City Terminal located in Texas City, Texas.
This acquisition allows BWC Terminals to further strengthen its position along the U.S. Gulf Coast to support its strategic business objective to deliver innovative liquid storage solutions across North America in the petrochemical, hydrocarbon, renewable, and agriculture markets.
“We are excited to finalize the acquisition of the Texas City NuStar Terminal,” said Michael (“Mike”) Suder, CEO of BWC Terminals. “This terminal complements our network of high-quality terminal storage of hydrocarbons, chemicals, renewables, and agricultural products across North America. The addition provides increased growth opportunities in the Gulf Coast Region to optimize and further develop our operational capabilities in support of the supply chain needs of our customers.”
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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 Company consists of 18 sites with approximately thirteen million barrels of storage capacity. The BWC Terminals facilities are equipped to store a wide range of petroleum, chemical, renewables, and agricultural products. Additional information about BWC Terminals is available at www.bwcterminals.com.
Kortnie Joyner, Director, Communications, BWC Terminals, (832) 699-4575, email@example.com