USD Group extends its presence in Mexico
Published by Anna Nicklin,
Tanks and Terminals,
Through its subsidiary, USD Marketing Mexico S. de R.L. de C.V., USD Group LLC has announced plans to expand its network of refined products destination terminals across Mexico, including two terminals in the Central Chihuahua area.
The Ciudad Cuauhtémoc terminal development is expected online by mid-2018 and will include manifest rail and truck transloading capabilities, as well as land for expansion. The company is also formalising plans for a second refined products distribution terminal in the Central Chihuahua area, which will feature unit train, tank storage and truck loading capabilities. The planned terminals are expected to meaningfully improve the distribution of refined products across the state of Chihuahua, which includes approximately two million residents and one of Mexico’s most concentrated and productive agricultural and mining hubs.
“Along with the Querétaro terminal, our expansion into the Central Chihuahua area demonstrates our commitment to improving the delivery of critical products across the region,” said Steve Magness, USDG’s Vice President, Business Development. “We believe our network of scalable terminals will enable our customers to more effectively meet the rapidly growing demand for refined products in Mexico.”
Both terminals will be serviced by Ferromex railroad, a subsidiary of Grupo México Transportes, with access to all North American Class 1 railroads.
“We look forward to supporting USDG’s terminal network in Mexico,” said Ernesto Anguiano Sánchez, Ferromex’s Executive Vice President of Sales.
Read the article online at: https://www.tanksterminals.com/storage-tanks/09032018/usd-group-extends-its-presence-in-mexico/
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