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Saturday, November 23, 2024

U.S. Development Group to open new oil handling terminal in Port Arthur

Ward

File photo

File photo

The U.S. Development Group will open a multi-modal oil handling terminal in Port Arthur.

“USDG is pleased to be part of the Port Arthur community and construct the first-of-its-kind destination terminal,” Dan Borgen, U.S. Development Group CEO and president, said in a press release from the USD Group. “By giving producers in the Canadian oil sands a safe and efficient means of transporting product to U.S. Gulf Coast refineries and manufacturers, we anticipate the new terminal will represent a long-term investment for USDG with continued growth."

Borgen said he looks forward to playing a role in the economic prosperity of Port Arthur and Jefferson County in the coming years, including the use of USDG’s patented DRUbit process that produces a nonhazardous transportation product.

The terminal, with a capital investment of over $130 million, will bring in over 1,200 jobs to the area. It is scheduled to be finished in the second quarter of 2021.

“We would like to recognize several city and county leaders who were instrumental in making the Port Arthur terminal project come to fruition, including the Honorable County Judge Jeff Branick and the Jefferson County Commissioners, the Honorable Mayor Thurman Bill Bartie and the Port Arthur City Council, City Manager Ron Burton and their combined staffs.," Borgen said. "As a company with employees and contractors that call Port Arthur and Jefferson County home, USDG is committed to being a valued corporate member of the community."

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