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New Port Of West Virginia Moves Forward - The Waterways Journal

New Port Of West Virginia Moves Forward - The Waterways Journal
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Empire Diversified Energy's Subsidiary Petro Empire Liquids and Storage LLC. Completes its purchase of the Koppers Facility in Follansbee, West Virginia

Empire Diversified Energy's Subsidiary Petro Empire Liquids and Storage LLC. Completes its purchase of the Koppers Facility in Follansbee, West Virginia
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Koppers Completes Sale of Facility in Follansbee, West Virginia

Koppers Completes Sale of Facility in Follansbee, West Virginia
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PITTSBURGH, Feb. 18, 2021 /PRNewswire/ Koppers Inc., a wholly-owned subsidiary of Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals and carbon compounds, today announced completion of the sale of its facility in Follansbee, West Virginia, to Petro Empire Liquids and Storage, LLC (Empire), a wholly-owned subsidiary of Empire Diversified Energy, Inc.
As part of Koppers previously announced strategy to restructure and streamline the operating footprint of its Carbon Materials and Chemicals (CMC) business, the company discontinued coal tar distillation processing at Follansbee in 2016. Subsequent to the commissioning of a new naphthalene refining plant in Stickney, Illinois, the company ceased naphthalene refining activities at Follansbee in late 2018. ....

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