Commodity trading company Lansing Trade Group L.L.C. has announced plans to construct a high-speed shuttle train facility on a Union Pacific Railroad line near Grayridge, Mo.
Construction is expected to begin later this month on the facility, which will begin receiving grain by fall. Designed to load 110-car shuttle trains, the facility will feature high-speed truck receiving capabilities and a high-capacity dryer.
The facility will be Lansing Trade Group's second shuttle facility in the region and expand its existing network of facilities. Project partners include UP, the Missouri Department of Transportation, SEMO Electric Cooperative and Little River Drainage District.
"This opportunity allows Lansing to bring value to producers in this rich production area of the Missouri Bootheel by providing access to a high-speed, UP-served shuttle loading facility," said Lansing Trade Group Chief Executive Officer Bill Krueger in a press release.
Meanwhile, Momentive Specialty Chemicals Inc. announced it completed the acquisition of a resin-coated proppants manufacturing facility in Shreveport, La., from CRS Proppants L.L.C.
The facility has an annual capacity of about 450 million pounds and will continue to source Northern White frac sand from CRS Proppants.
"The Shreveport plant is centrally located in the Haynesville Shale region for easy truck access and has dedicated rail facilities, which complements our existing footprint," said Jerry Borges, senior vice president of Momentive's Oilfield Technology Group, in a press release.
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