Verwater Acquires Construction Petroplex International LLC Terminal Mississippi
03.28.2011 - NEWS

March 28, 2011 [Petrol Storage Broker] - St. James Parish-The Dutch based Global construction company, Verwater Group, has signed the construction agreement with Pertoplex International LLC for the construction of a 10 Million barrels multipurpose Oil terminal in St. James Parish, Louisiana.


Verwater will use the latest innovative construction methods. This revolutionary technique is introduced for the first time in the United States of America. Compared with the conventional construction techniques, Verwater guarantees that all the storage tanks will stay 100% horizontal on the soft soil of the Mississippi shores. Regarding the maintenance this new technique is much more cheaper and the economical lifetime of a storage tank will be increased.

All the tanks will be hurricane proof. The first building phase contains 4 Million barrels.

Petroplex International LLC managing partner, Larry Sciacchetano, is very happy that he and Paul Verwater can introduce a new innovative standard of the construction of liquid bulk storage tanks in the United States of America.

ADNOC Gas Q4 2025 Net Income Decreases 15% to $1.2bn
02.10.2026 - NEWS
February 10, 2026 [Offshore Technology]- ADNOC Gas has reported a net income of $1.17bn for the f... Read More
AI Loses Its Shine as Money Rotates Back Into Big Oil
02.10.2026 - NEWS
February 10, 2026 [Oil Price]- Big Tech plans to spend hundreds of billions on AI this year, the ... Read More
Shell’s Oil Reserves Have Dropped to Lowest Levels Since 2013
02.10.2026 - NEWS
February 10, 2026 [Oil Price]- British Oil and Gas giant Shell Plc. (NYSE:SHEL) needs an explor... Read More
China's LNG Imports Set to Recover in 2026 Though Not to 2024 Level
02.10.2026 - NEWS
February 10, 2026 [Reuters]- China’s liquefied natural gas imports are set to rise in 2026 ... Read More