Petroplex International, a development company of bulk
liquids storage tank terminals based in Baton Rouge, on Monday
said it launched the front-end engineering and design (FEED)
study as part of the development of its planned bulk liquids terminal facility in
St. James Parish, La.
We are pleased to announce the launch of the FEED
study for this project, said Timothy P. Berrigan, chief
development officer for Petroplex.
We continue to build momentum in the development and
financing aspects of this project and hope soon to deliver
this much-needed storage, blending and logistics facility to
our anchor customers in the St. James Parish region, he
which is backed by a consortium including Australian investment
bank Macquarie Group, Quanta Services and individual investor
Harley Franco, announced that QPS Engineering - a division of
Quanta - has been engaged to lead the design and engineering
work of the project.
Meanwhile, Verwater B.V. will provide specialist engineering
advice on the storage tanks.
The storage and distribution terminal will include a
unit-train facility, barge and ship dock, truck racks and
pipeline and will be designed and tailored to client
specifications, Petroplex says.
The project is expected to break ground
on major construction works following construction financing close in the
first half of 2013.
Commercial operations are expected to begin during 2014.