PPEM to double rail deliveries to Simsa Group in Mexico

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Phoenix Park Energy Marketing (PPEM), a wholly owned subsidiary of Phoenix Park Gas Processors Ltd. (PPGPL), says it intends to increase its propane deliveries to Intersim SA (Simsa Group, Mexico) from the current volume of 300 rail cars per month to 650 cars per month and beyond.

PPEM says it has strengthened its relationship with Simsa, its largest customer, by signing a non-binding letter of intent that documents the intention of both companies to collaborate on the supply plan.

Simsa operates a diversified conglomerate of companies across Mexico and is one of the largest propane distributors and retailers in the Mexican market. PPEM, based in Houston, markets, trades and transports natural gas liquids (NGLs) by rail in the U.S., Canada and Mexico. PPGPL, based in Trinidad and Tobago, is engaged in natural gas processing and the aggregation, fractionation and marketing of NGLs.

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