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Dec 1, 2003 12:00 PM

Canal Barge Co Inc, a marine transportation and management service operation, has formed a new bulk chemical storage and distribution entity, Canal Terminal Co, in Joliet IL. Located at Mile 281 on the Illinois River System on more than 50 acres of company-owned property, Canal Terminal is a multi-mode liquid storage facility designed to handle a diverse range of hazardous and non-hazardous specialty chemicals.

With 100,000 barrels of new capacity, supported by two barge docks, two truck racks, and more than 2,600 feet of rail siding, Canal Terminal is designed to achieve rapid turnaround times for barges, railcars, and trucks. Canal Terminal is south of downtown Chicago IL at the intersection of Interstates 55 and 80.

Construction of Canal Terminal started in early 2003 and is near 100% complete.