Kansas City Southern came to a concurrence with Sasol Chemicals LLC for the development and long haul lease of a storage-in-transit (SIT) rail yard to bolster Sasol's new ethane cracker and derivatives venture in Lake Charles, La. Along with building the SIT yard for lease to Sasol, KCS will supplant and extend its current rail car grouping yard in Mossville, La.
KCS president Patrick Ottensmeyer said, "We are very pleased to expand our relationship with Sasol by entering into this long-term lease agreement.", "In addition to serving Sasol's needs in Lake Charles for many years to come, this investment will better position KCS to serve the growing petrochemical industry and other customers in the Lake Charles area."
Mike Thomas, senior vice president of U.S. operations for Sasol said, "KCS has been a key partner in ensuring safe and reliable delivery of our products to our customers for decades.", "We are delighted to extend our relationship with KCS as we increase the number and volume of products we manufacture at our Lake Charles site over the next several years."
KCS president Patrick Ottensmeyer said, "We are very pleased to expand our relationship with Sasol by entering into this long-term lease agreement.", "In addition to serving Sasol's needs in Lake Charles for many years to come, this investment will better position KCS to serve the growing petrochemical industry and other customers in the Lake Charles area."
Mike Thomas, senior vice president of U.S. operations for Sasol said, "KCS has been a key partner in ensuring safe and reliable delivery of our products to our customers for decades.", "We are delighted to extend our relationship with KCS as we increase the number and volume of products we manufacture at our Lake Charles site over the next several years."