Martin Midstream Partners L.P. Reports Service Disruption and Structure Damage at Neches Terminal Location
The incident occurred during severe weather passing through the area. No other structures were impacted and all other terminalling operations are fully functional. At this time, the Partnership is not able to estimate the time necessary to repair the damage or the cash flow impact, but believes that it carries adequate insurance to protect against the losses incurred.
The Partnership is a publicly traded limited partnership with a diverse set of operations focused primarily in the
Statements about the Partnership's outlook and all other statements in this release other than historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements and all references to financial estimates rely on a number of assumptions concerning future events and are subject to a number of uncertainties and other factors, many of which are outside the Partnership's control, which could cause actual results to differ materially from such statements. While the Partnership believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in anticipating or predicting certain important factors. A discussion of these factors, including risks and uncertainties, is set forth in the Partnership's annual and quarterly reports filed from time to time with the
Additional information concerning the Partnership is available on the Partnership's website at www.MMLP.com or by contacting:
Source: Martin Midstream Partners L.P.