US: According to Marine Link, as part of strategic efforts to increase cargo business at the Port of San Diego, California, the port has entered a conditional agreement with Mitsubishi Cement Corporation (MCC) for potential future operations at Tenth Avenue Marine Terminal.
The conditional agreement, which was approved by the board of port commissioners on 11 June 2015, will allow the port to conduct a project review under the California Environmental Quality Act in anticipation of MCC's potential operations at the Tenth Avenue Marine Terminal on San Diego Bay.
The port entered into the agreement to facilitate MCC's potential development, lease and operation of a marine transfer and storage facility for the import, distribution, exportation, handling and storage of bulk cement, cement-related bulk products and concrete aggregate. The conditional agreement envisions contributions by MCC toward modernising the marine terminal and the company's participation in development costs for long-term improvements.
"Our maritime business capacity is a core strength of the Port of San Diego and that's why we are committed to maximising our cargo facilities," said port chairman Dan Malcolm. "We look forward to working with MCC. By harnessing the power of partnerships to invest in this terminal, we reinforce our status as San Diego's maritime cargo gateway to the world."
MCC manufactures all of the major types of Portland and specialty cements used in California and Nevada. The company was formed in March 1988 with the acquisition of the Cushenbury cement plant in Lucerne Valley, California and other ancillary assets.
