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DTE Deutsche Telekom AG

24.26
0.09 (0.37%)
26 Jul 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Deutsche Telekom AG TG:DTE Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.09 0.37% 24.26 24.24 24.27 24.27 24.08 24.14 262,925 22:50:02

DTE Coal Services Awarded Petcoke Terminal Services Contract

27/08/2009 8:07pm

PR Newswire (US)


Deutsche Telekom (TG:DTE)
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From Jul 2019 to Jul 2024

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ANN ARBOR, Mich., Aug. 27 /PRNewswire/ -- DTE Coal Services, a subsidiary of DTE Energy, has been awarded a multi-year petcoke terminal services contract with BP Products North America's Whiting, Ind., refinery. The agreement calls for DTE Coal Services to unload, store and load all of BP's petcoke from trucks and rail cars into vessels and barges for delivery to BP's customers. "The new bottom dump system that we'll be building will enable us to meet BP's unloading requirements, as well as expand our capacity, provide flexibility and improve reliability at our Chicago Fuels Terminal," said Matt Paul, DTE Coal Services president. "We're excited about this new opportunity and expanding our business with BP." BP's refinery, in production for more than 100 years and the largest inland refinery in the country, is being modernized so it can process Canadian crude oil. The project is expected to be operational in 2012 and will expand petcoke production capacity from approximately 600,000 tons to about 2.2 million tons per year. DTE Coal Services will install a bottom dump system, a series of conveyors and a radial stacker that that distribute the petcoke into storage piles. In addition, the project includes two new variable speed reclaim feeders that will enhance the terminal's blending capability. The Chicago Fuel Terminal receives coal from all of the major coal basins via rail, truck and barge and can reach markets throughout the Great Lakes, river systems and rail/truck direct locations. DTE Coal Services is a one-stop solutions provider for industrials, municipalities and utilities across the United States. The company offers a variety of solid fuel, transportation and equipment management services tailored to the requirements of each customer. DTE Coal Services, along with other DTE Energy affiliates, handles more than 50 million tons of coal annually. For more information, visit http://www.dtecs.com/. DATASOURCE: DTE Coal Services CONTACT: Scott Simons, +1-313-235-8808, or Lorie N. Kessler, +1-313-235-8807, both for DTE Coal Services Web Site: http://www.dtecs.com/

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