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RE: Kinder Morgan adds to terminal asset holdings

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#7604

Charles Randall
Participant

KM adding two rail terminals and the USD rail terminal in Deer Park (can hold 900 rail cars at time (~9000 WST)) will have direct access to the Houston Ship channel using the nearby Kinder Morgan Petcoke terminal this combination should reduce the cost for some rail based moves for FOB vessel moves. Kinder Morgan is the largest petcoke handler in the world – moving about 18 million tons/year for its various clients through its petcoke handling terminals.

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