Petroplex To Develop $600M Multimodal Bulk Liquid Terminal In Louisiana
A consortium of Baton Rouge-based Petroplex International, Macquarie Group and Harley Franco, CEO and founder of Harley Marine Services, announced May 9 that it has raised capital to move ahead with development of a $600-million multi-modal bulk liquid terminal in St. James Parish. The facility has a projected initial storage capacity of 4-million to 6-million barrels.