Martin Midstream Partners LP - Company Profile
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Business Description
Martin Midstream Partners LP (Martin Midstream) is a midstream service provider that carries out the transportation, storage, and distribution of petroleum products and by-products. It offers integrated distribution network services consisting of terminalling, transportation, distribution, and midstream logistical services. The company is focused on the US Gulf Coast region. Martin Midstream operates through four reportable business segmets: Terminalling and storage, Natural gas liquids, Sulfur services, Transportation, and Indirect selling, general and administrative.
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Business Segments
Overview
Purchases Natural Gas Liquids (NGL) from refineries and natural gas processors and distributes Stores and transports NGLs for wholesale deliveries to refineries, industrial NGL users in Texas and the southeastern U.S. and propane retailers
Performance
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Overview
Processes and distributes sulfur produced by the oil refineries in the Gulf Coast region of the US Processes molten sulfur into prilled or pelletized sulfur under fee-based volume contracts at its plant in Port of Stockton, California and Beaumont, Texas Processed sulfur finds application in the production of fertilizers and industrial chemicals
Performance
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Overview
Owns and operates marine shore-based inland terminal facilities along the US Gulf Coast Its terminals provide storage, blending, packaging, refining, and handling services for producers and suppliers of petroleum products and by-products Major services offered include the blending and packaging of various grades and quantities of industrial, commercial, and automotive lubricants and greases, refining of naphthenic crude oil, land rental to oil and gas companies and storage and handling services for lubricants and fuels
Performance
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Overview
Carries out the transportation of petroleum products and by-products such as asphalt, fuel oil, gasoline, sulfur, and other bulk liquids through its fleet of inland and offshore tows Services are provided on a fee basis under annual contracts Focuses domestically on the Gulf of Mexico and East Coast, and on the US inland waterways system
Performance
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