December 2012, Prince William County, Virginia – The Prince William Board of County Supervisors is pleased to announce that Eco-Energy Holdings, Inc. (“Eco-Energy”) is partnering with NuStar Terminals Operations Partnership L.P. (“NuStar”) to develop an ethanol unloading, storage and outbound truck loading facility in Prince William County, Virginia. The facility will serve the Northern Virginia and Washington, DC markets.
The ethanol unit train terminal will have approximately 155,000 barrels of ethanol storage capacity and will be capable of distributing over 400,000 barrels per month. The facility will offer product access 24 hours a day, seven days a week, and will be equipped to receive up to 96 rail car unit trains via CSX Transportation (“CSX”) with 24/36 hour turnaround time. Eco-Energy will be looking to sign terminal agreements with customers during the second quarter of 2013 and operations at the Dumfries, VA site are expected to commence in the third quarter of 2013. The project will bring 10-15 new jobs to the area.
“On behalf of the Prince William Board of County Supervisors, I wish to congratulate Eco-Energy and NuStar on this exciting collaborative project,” said Cory Stewart, Chairman of the Prince William Board of County Supervisors. “We are pleased this facility will call Prince William County home.”
“As we considered the right location for this project Prince William County quickly emerged as the front-runner,” said Pete McKinney, Manager, Terminal Development for Eco-Energy. “With access to multiple rail providers and two major interstates, Prince William County is an ideal location from which to serve Mid-Atlantic Markets,” said McKinney.
Eco-Energy applied for and received a Rail Access Grant from the Commonwealth of Virginia for this project. Their application was supported by the Prince William Board of County Supervisors.
“The Prince William County Department of Economic Development and the Board of County Supervisors were valuable partners with us as we worked through the process of locating our new facility,” said McKinney.
About Eco-Energy
Eco-Energy is an integrated bio-fuel supply chain company focused on the marketing and distribution of bio-fuels across the globe. Eco-Energy is among the largest full-service bio-fuels marketing companies in North America with over $3.0 billion in sales and handling nearly 10% of the domestic bio-fuels market. By leveraging Eco-Energy’s core competencies in logistics, distribution, and trading, Eco-Energy is able to provide innovative, value-added solutions for a more stable, disciplined, and vertically integrated supply chain. www.eco-energyinc.com
About NuStar
NuStar Energy L.P. is a publicly traded, limited partnership based in San Antonio, with 8,420 miles of pipeline; 84 terminal and storage facilities that store and distribute crude oil, refined products and specialty liquids; and two asphalt refineries and a fuels refinery with a combined throughput capacity of 118,500 barrels per day. The partnership’s combined system has approximately 96 million barrels of storage capacity. One of the largest asphalt refiners and marketers in the U.S. and the second largest independent liquids terminal operator in the nation, NuStar has operations in the United States, Canada, Mexico, the Netherlands, including St. Eustatius in the Caribbean, the United Kingdom and Turkey. www.nustarenergy.com.
About Prince William County, Virginia
Prince William County was ranked #1 in Virginia and #3 nationwide for job growth by the Bureau of Labor Statistics from 2010 – 2011, and was ranked #8 nationally for job growth from 2000 – 2011 by CNN Money. Over the last 10 years at-place employment in Prince William County has grown by nearly 37%, adding an average of 2,704 net new jobs annually. During the same time period, Prince William County has seen 57% growth in the number of establishments located in the County.
For information about the advantages of locating or expanding a business in Prince William County, please contact the Prince William County Department of Economic Development at 703-792-5500 or visit us online at www.pwcecondev.org
