Miami FL, Feb. 8, 2016/Kempstar LLC/- KEMPSTAR, a rapidly growing commodity trading firm in the biofuels sector in North America, today announced it has signed an ethanol storage lease in Chicago, IL. The company, which prides itself on reliability and safety will maintain an ethanol storage position at Kinder Morgan in Argo, IL. The company is also in negotiations with a number of other terminals to store biodiesel for use in on-road vehicles.
KEMPSTAR ships ethanol and biodiesel via rail, truck and barge throughout North America. The company was recently formed as a partnership between physical commodity traders, brothers Dan Kempler and Ilan Kempler, along with significant financial backing from several well-established South Florida businessmen. The company plans to expand its fuel business by acquiring oil and gas terminals in the near future.