BWC Terminals Enters into Agreement to Purchase NuStar Texas City Facility
HOUSTON – November 2, 2020 – BWC Terminals, a provider of bulk liquid storage and logistics services in North America, announced today it has entered into an agreement to purchase NuStar Texas City Terminal located in Texas City, Texas.
This transaction of ownership will allow 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, and agriculture markets.
“I’m confident that Texas City is a natural fit for the BWC organization,” said Michael (“Mike”) Suder, CEO of BWC Terminals. “Like NuStar Texas City, we store a diverse array of liquids—including hydrocarbons, chemicals, and agricultural products—and we believe the strength of our combined business will help further develop Texas City’s operational capabilities.”
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 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