USD Partners LP (NYSE: USDP) is a master limited partnership engaged in the ownership and operation of terminal facilities for the storage, handling and distribution of liquid petroleum products in the United States. The partnership’s core business centers on providing flexible storage infrastructure and related logistics services to refiners, marketers, chemical producers and other energy market participants. By combining long‐term storage agreements with fee‐based services, USD Partners aims to generate stable cash flows while supporting customers’ supply chain needs.
At the heart of USD Partners’ operations are its tank terminals, which feature surface and salt cavern storage capacity for crude oil, refined products and various chemicals. These terminals offer a range of value‐added services, including product segregation, blending, pipeline interconnections and rack access for truck, rail and barge loading. This integrated model enables the partnership to serve both spot customers and contract shippers, optimizing utilization and enhancing operational efficiency.
The partnership commenced operations in December 2012 following a series of asset contributions from its sponsor. Since its formation, USD Partners has pursued a disciplined acquisition strategy, selectively adding complementary storage sites to broaden its geographic footprint and service offering. These investments have bolstered the partnership’s ability to adapt to evolving product slate requirements and regional demand shifts.
USD Partners’ terminal network spans key refining and petrochemical hubs along the U.S. Gulf Coast and southeastern seaboard. By positioning facilities in Texas, Louisiana, Mississippi and Florida, the partnership provides customers with access to major pipeline systems, marine waterways and intermodal distribution channels. This strategic positioning underpins USD Partners’ role as a logistics partner for companies seeking reliable, downstream connectivity across diverse end markets.
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