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Throughput Falls in North America, but Rates Hold

8:36 AM MDT | July 28, 2009 | ­Gregory DL Morris

Despite a plunge in volumes moving through their facilities, chemical terminal operators in North America report that rates have held up fairly well. That is mostly because the vast majority of tank capacity is now operated under contract to shippers or distributors, with very little spot volume. As a result, many terminal operators have been able to upgrade or expand their facilities, taking advantage of lower materials and labor costs. Down by the riverside: Green Earth's new biofuels plant at the Kinder Morgan terminal in Galena Park, TX. Kinder Morgan...

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