Kinder Morgan acquires Wilmington terminal

Kinder Morgan Energy Partners LP, Houston TX, has purchased a petroleum and chemicals products terminal in Wilmington NC, according to company information.

The terminal, acquired from ChemServe Inc, stores and transfers a variety of products and has more than 40 storage tanks with over 1.1 million barrels of capacity, liquid and heated storage, and custom tank blending capabilities for agricultural and chemical products.

Inbound and outbound services are available via rail, barge, ship, and truck. In addition, the facility handles several commodities, including caustic soda solution, urea-ammonium nitrate solutions, asphalt, methanol, and various liquid chemicals.