(Howard Energy Partners/Business Wire) –Howard Energy Partners (HEP) announced that it has executed long-term agreements with Diamond Green Diesel (DGD), a 50/50 joint venture between Valero Energy Corporation (NYSE: VLO) and Darling Ingredients Inc. (NYSE:DAR), and plans to significantly expand its Port Arthur, Texas terminal facilities to support DGD’s recently announced plant, a 470-million-gallon-per-year renewable diesel production facility to be located at Valero’s Port Arthur refinery. Engineering, permitting, and construction on HEP’s Port Arthur facility expansion has begun, with an in-service date coinciding with the startup of DGD’s new plant.
HEP will provide DGD with logistic solutions for renewable diesel feedstock and finished product through the construction of 575,000 barrels of tank storage, three pipelines and associated connections to Valero’s Port Arthur refinery, seven miles of rail track and associated rail unloading/loading facilities, truck unloading facilities, and a Panamax-class-capable deep-water dock. The new facilities are being designed to handle multiple products and have additional capacity for third-party shippers.