USD Partners Announces Five Year Ethanol Customer Renewal at its West Colton Terminal; Commencement of Renewable Diesel Operations

Jan 18, 2022

USD Partners LP (NYSE:USDP, Financial) (the “Partnership”) announced it has entered into a five-year Terminal Services Agreement with a minimum monthly throughput commitment with a major ethanol producer at its West Colton, CA terminal, effective January 1, 2022. This contract replaces an existing short-term contract at the terminal and is expected to add incremental Net Cash from Operating Activities and Adjusted EBITDA of approximately $1.0 million to $1.5 million per year, subject to changes in expected throughput.

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