Verwater Group, still busy with the ETT 3 project in Rotterdam, has recently been awarded two major storage terminal construction projects. This past March it was awarded a contract to build a lOm-bbl (1.6m m3) petroleum terminal at St James's parish, Louisiana by Petroplex International, just a week after winning a deal to build five large tanks for diesel storage at the NuStar terminal at St Eustatius in the Caribbean. The Petroplex deal is part of a massive project to develop a multipurpose site on the lower Mississippi. Phase 1 involves some $300m or more of investment, and will produce a 4m-bbl (700,000 m3) petroleum/liquid products storage, blending and distribution terminal. "The storage terminal will serve as a merchant facility, storing and blending liquid products for the expanding requirements of the several major petroleum refineries and major international trading companies already operating in the area, as well as serving the growth in petroleum, chemical and agricultural storage demand," says Petroplex. "All transportation modes will be served, with high-volume capacities provided for ship and barge, rail, pipeline sand truck traffic."
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