Westway Terminals is positioning itself to take full advantage of another market shift instigated by the shale revolution
While the shale revolution has sparked a surge in the energy market for all things oil it has also instigated another lesser known shift – the
It is this revolution that Westway Terminals is working to be well-positioned to take advantage of.
The storage operator currently has 15 terminals across North America – 14 in the US and one in Canada and each has the flexibility and potential to expand according to its niche customer demand and optimising the long term implications of the shale revolution.
Geoff Roberts, chairman of the board at the New Orleans-based company explains that petrochemical production in the Gulf Coast
will continue to grow and will create long-term investment in the sector.
‘We look less at the short-term trends and take a more long-term trend approach.
‘As more and more of the market s...