Zenith Energy
Aurora Terminal Zenith Staticmap

Zenith adds Bulk Terminal Storage

Feb. 9, 2021
Strategic transaction with Guttman Realty includes three storage terminals with combined capacity of 560,000 barrels

Zenith Energy Terminals recently completed the acquisition Bulk Terminal Storage, whose assets include storage terminals in OhioPennsylvania, and West Virginia.

The deal with Guttman Realty strengthens Zenith’s infrastructure in the Midwest, and Marcellus and Utica Shale regions, and supports customers with conventional and alternative fuel storage needs, according to the company.

Zenith’s newly acquired terminals in Aurora OHBelle Vernon PA and Star City WV have an aggregate storage capacity of 560,000 barrels.

“This acquisition further develops our existing network of terminals in key U.S. markets and enables us to promote growth in alternative fuels, addressing two of Zenith’s strategic priorities,” said Jeff Armstrong, president and chief executive officer of Zenith. “We are excited about expanding our relationship with Guttman Energy, one of our key customers.

“We look forward to implementing our approach to safety and environmental stewardship at our new terminals, and leveraging the new storage capacity to support customers with renewable diesel, biofuel and ethanol storage needs.

“Further to that effort, we are thrilled to work with our new team members to provide the highest quality of service to our customers in the region.”

Guttman, as part of its strategic growth plan, also entered into a multi-terminal agreement with Zenith to strengthen and expand its wholesale and commercial fuel distribution business across its Mid-Atlantic and East Coast marketing areas.

“This strategic transaction will allow us to concentrate our sales and marketing efforts through this newly expanded network of terminals,” said Alan Guttman, CEO of Guttman.

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BT staff