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Partners Cut Ribbon on Dallas Plastic Packaging Facility
Dallas, Texas, October 23, 2018
Katoen Natie and Union Pacific formally cut the ribbon on a state-of-the-art plastic packaging facility located in the Prime Pointe Industrial Park outside of Dallas, Texas on October 23, 2018. Numerous civic and business leaders joined in the celebratory opening of the latest addition to the 3,000-acre industrial park, which has successfully attracted new business opportunities thanks to its access to freight rail.
The Katoen Natie facility currently features 262,000 square feet of warehouse space, and future expansions could increase capacity to 2.5 million square feet. This is Katoen Natie's 20th NAFTA location and will allow customers to diversify their export channels to global markets. Producers will ship bulk railcars of plastic resin pellets to the warehouse where the pellets will be packaged and loaded into intermodal containers. After a short trip to the adjacent intermodal terminal, Union Pacific's Dallas to Dock service will transport the containers to ocean ports via premium intermodal service.
"Katoen Natie‘s Dallas location is a great example of freight rail utilization to provide growth opportunities and overall economic development for this region," said Kari Kichhoefer, Vice President- Industrial, Union Pacific, "We are proud to provide solutions that allow plastics shippers and receivers to reach world markets and meet the growing demand overseas with our Dallas to Dock product offering from this location."
"With this new Dallas to Dock location we continue to expand our local and international network of logistic hubs. It will provide our customers an alternative export solution and a back up to their current export flows,” said Frank Vingerhoets, President of Katoen Natie, USA.
More information: http://www.up.com/customers/chemical/plastics_export/index.htm
About Katoen Natie
With facilities in Europe, the Far East, North/South America and Africa, Katoen Natie acts as a global supplier of logistics and distribution services. Katoen Natie combines engineering, technology and port operations to offer worldwide, tailor-made solutions to the chemical, automotive, consumer good, electronic and retail sectors.
About Union Pacific
Union Pacific Railroad is the principal operating company of Union Pacific Corporation (NYSE: UNP). One of America's most recognized companies, Union Pacific Railroad connects 23 states in the western two-thirds of the country by rail, providing a critical link in the global supply chain. From 2006-2015, Union Pacific invested approximately $33 billion in its network and operations to support America's transportation infrastructure. The railroad's diversified business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Union Pacific serves many of the fastest-growing U.S. population centers, operates from all major West Coast and Gulf Coast ports to eastern gateways, connects with Canada's rail systems and is the only railroad serving all six major Mexico gateways. Union Pacific provides value to its roughly 10,000 customers by delivering products in a safe, reliable, fuel-efficient and environmentally responsible manner.
The statements and information contained in the news releases provided by Union Pacific speak only as of the date issued. Such information by its nature may become outdated, and investors should not assume that the statements and information contained in Union Pacific's news releases remain current after the date issued. Union Pacific makes no commitment, and disclaims any duty, to update any of this information.
Media Contact
Brandon Huynh, Katoen Natie
281-941-1065
bhuynh@ktnusa.com
Media Contact
Raquel Espinoza, Union Pacific
402-544-5034
respinoza@up.com
@RaquelEspinoza