US OCI Partners acquires ammonia tank from Lucite

23 December 2013 22:57 Source:ICIS News

HOUSTON (ICIS)--OCI Partners LP has acquired a 20,000 tonne ammonia tank from Lucite International for additional storage capacity in Beaumont, Texas, as well as access to an ammonia pipeline, the US-based limited partnership said on Monday.

Financial terms were not disclosed.

"The access to the pipeline will allow OCI Partners LP the flexibility to switch a larger portion of its ammonia sales via pipeline as opposed to barge providing more flexibility on a need-be basis," the company said.

"In addition, the acquisition of the ammonia tank will facilitate the installation of ammonia truck and railcar loading capacity which will help diversify OCI Partners LP's customer base," it added.

By Tracy Dang