21 October 2009 21:38 [Source: ICIS news]
(adds CEO comments in paragraphs 6-7)
HOUSTON (ICIS news)--A Louisiana firm received clearance this week to build three 50,000-gal caustic soda tanks at its storage facility near New Orleans, a municipal official said on Wednesday.
City officials in Westwego, Louisiana, granted permission earlier this week for Blackwater New Orleans to build the tanks at its 850,000/bbl terminal there, said Westwego city attorney Joel Levy.
Blackwater recently signed a five-year, $8m (€5.4m) lease to store sodium hydroxide solution - the chemical term for caustic soda - in the three tanks, Levy said.
The permit issued by Westwego's city council requires Blackwater to notify the city if it changes the chemicals stored in the proposed tanks. Westwego is on the west bank of the Mississippi river, across from New Orleans.
Blackwater New Orleans is an independent third-party bulk liquid storage provider for chemical and petroleum product distributors in or near the port of New Orleans, according to the company's website.The company's chief executive, Michael Suder, would not name the customer who the tanks were built for, only saying that it was "a major caustic distributor".
Suder said the first two tanks would come online at the beginning of 2010 and the third tank would be built by the end of February.
($1 = €0.67)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|