Document OXG0YvmyER4aJ5OkvZpBoZ81

Springfield V May 2, 19^7 YCM Supply for Springfield Plant ?. W. &rtasea - Texas City C. E. Knight S, 1. Miller C. k. Spiroi - Texw City V, V. Latimer ~ Texas City ur letter eoneeralng capital requirements for Springfield in the evaluation of VCK ship transportation has been referred to no to A* yon know, VC* transfer from Texas City to Mow Boron by ship was Investigated whoa the present ship contract nos negotiated In 1963 and 19&*. At the present time, usage is forecast to bo lomemhat hlpnr and In the following ptmUtlsit 1968 1969 197 1971 1978 In essence the capital requirements remain the anno with variations due to eocalotlon in quantity handled and In unit prices. Specifically receipt by tank ear will require the Installation of one additional *5,000 gallon capacity storage tank with the necessary fire protection. Timing for completion of this project mould be prior to January 1, 1978 wad the eoot oatimatod at $38,000. If m sere to move VOI by tanker to Sow Bason and by tank truck free Me* Seven to Springfield, it mould be necessary to establish a tank truck unloading station at the plant site capable of un loading up to 19-**000 lb. loads per day on a three-shift basis. This mould require seven unloading stations on a three-shift basis. Initial capital required for site work, roadway, and piping and five unloading stations initially required Is estimated at #11$ to $1*0 II with m additional $2$ to $50 M dollars required in 1978. My suggestion, however, is that we consider the use of a tank car movement from Mew Haven to Springfield using a portion of our present tank car fleet. On this basis, the added capital here mould be only the added tank storage apace or a net capital reduction of $190 M. R. k, Becker T?Qvnn?4^si yKanthedW^ ,. 'S*"85 fh'oK 4>t / ^L-~-n