Welspun receives $47 M order for Diamond Pipeline
8/9/2016 1:45:30 PM
Diamond Pipeline LLC, a joint venture between Plains All American Pipeline and Valero, has submitted an order for more than $47 M in coated 20-inch pipe to Welspun in Little Rock, Arkansas. The Welspun order accounts for approximately two-thirds of the pipe needed to construct the 440-mile Diamond Pipeline, which will move crude oil from the Plains Terminal in Cushing, Oklahoma, to Valero’s Memphis, Tennessee refinery. Access to domestically produced crude oil delivered by the Diamond Pipeline will enhance the long-term viability of gasoline, diesel and jet fuel production in the region, benefitting consumers in Arkansas and Tennessee.
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