Martin Midstream
Partners LP (MMLP), Kilgore, Texas, has announced that Executive Vice President
and CFO that Robert
D. Bondurant (Bob) has been appointed President and CEO,
effective Jan. 1, 2012. MMLP’s Ruben Martin has decided to retire
as from those positions on Dec. 31, 2020, but will remain as Chairman of the
Board of the LP’s general partner and will continue to be actively involved in
business development for the partnership.
Martin Midstream Partners LP (MMLP), Kilgore, Texas, reported a third-quarter loss of $10.8 million down from the year-ago positive $13.2 million. The company said it was impacted by an $8.5 million charge related to a recent exchange of senior notes.
MMLP’s sulfur/fertilizer business saw a third-quarter uptick in operating income to $5.6 million from the year-ago $291,000.
The Tampa ammonia price for November has been reported to have moved up to $235/mt CFR from October’s $228/mt CFR.
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