CARTERET, N.J., Feb. 5, 2019 /PRNewswire/ -- Pharmco, a brand of Greenfield Global, today announced it is expanding its storage capacity and supply chain capabilities at the Kinder Morgan Terminal in Carteret, New Jersey. The newly acquired storage tanks provide 800,000 gallons of dedicated storage that will serve customers supplying Non-GMO sugar cane alcohol. Pharmco's East Coast terminal is unique in the industry and is the most substantial storage capacity for this product in North America.
"We are excited to increase our cane alcohol supply chain capabilities in the United States and bring new capacity and logistics solutions to a growing number of our customers," said Greenfield Global's Frank Richards, Executive Vice President and Managing Director, Specialty Chemicals and Ingredients.
Pharmco is in a unique position to offer customers a full logistics solution since it is one of the largest importers of Non-GMO cane alcohol in the United States. The terminal provides Pharmco with dedicated outbound capabilities by railcar or truck direct to its customers and packaging hubs. Pharmco will also continue to offer packaging from single gallon bottles to totes packaged in its Brookfield, Connecticut and Shelbyville, Kentucky plants.
"This investment satisfies the growing demand by our existing customers and addresses the needs of prospective customers," continued Richards. "We are taking the largest possible position in the marketplace. By owning our inventory and controlling the supply chain, we can provide our food, flavor and fragrance customers with the best products and service possible."
"Expanding our footprint to include storage in New Jersey helps mitigate customer supply risks and eliminates business interruptions due to border issues, political unrest, or container availability in South America," added Steve DiBenedetto, Senior Vice President of Sales and Operations.
With this new capability, Pharmco will continue to provide its customers with reliable lead times and delivery anywhere in North America.
About Pharmco by Greenfield Global
Greenfield is the largest high-purity alcohol company in North America. Under the Pharmco brand, the company offers a wide range of specialty alcohols and bio-based chemicals to quality-driven and environmentally-conscious customers around the globe. Twelve federally registered Distilled Spirits Plant locations offer regional distribution from coast to coast with support worldwide support through more than 40 international distribution partners. The Pharmco brand stands for premium quality and service excellence and has been supplying life science, food, flavor, fragrance, personal care, extraction and industrial companies with mission-critical products for more than 30 years.
About Greenfield Global Inc.
From its inception in 1988, Greenfield Global has grown to become a leading producer of high purity alcohols, fuel ethanol, and related co-products. The Company has manufacturing and processing facilities in Ontario, Quebec, and the United States, with sales and distribution worldwide through its Greenfield, Commercial Alcohols and Pharmco brands. Greenfield is committed to the development and commercialization of both low-carbon biofuels, as well as renewable energy from organic waste and other biomass resources. The Company's headquarters are in Toronto, Ontario.
SOURCE Pharmco by Greenfield Global