Bloomington, Ill. — Growmark Inc. and Magellan Pipeline Co. LP have entered into an agreement in which Growmark will acquire the refined fuels terminal near St. Joseph, Mo. Terms of the acquisition were not disclosed. Growmark says this will enable it to ensure continued supply of refined fuels and solidify the cooperative’s commitment to the energy business and to northwestern Missouri and northeastern Kansas. In addition to the current diesel fuel availability at the terminal, Growmark intends to offer ethanol blends of gasoline in the future. Growmark said the terminal will expand its supply capacity and facilitate continued growth. However, last week Growmark told Green Markets that it has no plans to upgrade the facility to handle fertilizer products. Magellan will continue to deliver refined fuels into the St. Joseph terminal via its Midwest pipeline system.
Transparency Across the Fertilizer Value-Chain