Ikon Midstream has established a new fuel terminal for the Laredo, Texas market.
The company says it is the first fuel terminal in Laredo and that it owns its own patent on petrol detergents and is the first independent blender to cross petrol into Mexico.
Rhett Kenagy, CEO and managing partner of Ikon Midstream, says: 'We are excited to launch the first fuel terminal of Laredo. We observed that the city lacks a fuel terminal and the fuel distributors here usually have a hard time in sourcing fuels.
'The lack of competition also offers an open market for us to scale up our growth in the region.
'We promise high end blended fuels at competitive prices for the local US distributors here who cater to a large client base in Mexico.'
Storage for Mexico's new energy eraVenezuela's oil sector in tailspin A midstream first for Oman Redrawing the global oil & gas picture Regulatory update for US tank terminal operators A new leading European port Adaptable logistics for a changing market Boom time for storage in America Surviving hurricane season: preparation is key Storm preparation: flood risk and buoyancy hazards