30 January 2013 15:49 [Source: ICIS news]
HOUSTON (ICIS)--CHS, the largest farmer-owned cooperative in the US, confirmed on Wednesday it has acquired a fertilizer river and rail terminal on the Ohio River at Melbourne, Kentucky, from Mosaic.
The facility includes 27,000 short tons of on-site fertilizer storage, barge unloading, and rail and truck loading facilities and equipment.
Minnesota-based CHS said it will invest in modernizing and upgrading the facility over the next several months.
Details of the transaction were not disclosed.
“This facility will allow us to expand our services to customers in the eastern region through direct access to the river system,” said Cheryl Schmura, CHS vice president of Crop Nutrients.
“It will also provide additional storage and rail capabilities that will help us expand our customer base in the region,” she said.
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