26 October 2009 17:01 [Source: ICIS news]
Teppco is now a subsidiary of Enterprise.
The joint partnership owns nearly 48,000 combined miles (77,000 km) of petroleum and petrochemical product pipelines along with refined product, natural gas liquid (NGL) and crude oil storage capacity of approximately 200m bbl and 27bn cubic feet (bcf) of natural gas storage.
The new company, which will operate under the name Enterprise Products Partners, will maintain an NGL import/export terminal on the Houston Ship Channel, 60 NGL, refined product and chemical terminals, interests in 17 fractionation plants, 25 natural gas processing plants and three butane isomerisation plants.
Enterprise will also become one of the largest US inland tank barge companies.To discuss issues facing the chemical industry go to ICIS connect
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|
Asian Chemical Connections