Tiger Tanks Trinidad Unlimited, a La Brea-based company that has an American partner, operates in a number of different sectors that are energy related. Incorporated in 2003, Tiger Tanks was the first company to provide certified cargo carrying equipment (CCEs) in T&T. Today, Tiger Tanks has grown to be a major service provider in the petroleum and downstream petrochemical industry, providing new methods of hazardous waste transport and disposal, which complement some of its major services, including tank cleaning and spill response control. The T&T registered company gets support from Tiger Offshore of Beaumont, Texas, United States, Dennis Latiff, general manager and part owner, Tiger Tanks Trinidad Unlimited, met with the Business Guardian last Thursday at the company's head office at the La Brea industrial estate, which is run by the La Brea Industrial Development Company Ltd (Labidco).
"Tiger Tanks is a foreign-based company. Our head office is in Beaumont, Texas. We are a subsidiary, of which I am part owner in Trinidad," Latiff said. He said most of the equipment the company uses are manufactured by the head company, Tiger Offshore, which provides "back up" service for Tiger Tanks.
Tiger Tanks was originally located at Chaguaramas, but cost forced him to relocate to La Brea , a move he said was the best decision he made. "We started off in Chaguaramas in 2003. We spent five years there. We then moved here because the cost was cheaper here. We have grown three-fold since then. We provided specialised tanks for offshore, like cargo carrying equipment. We then expanded to cleaning tanks when the tanks came in empty, (forming) a tank cleaning company. We have now expanded into a waste treatment site. It's the only one we know of in the Caribbean."
Waste disposal facility
Latiff said most companies are looking for ways to dispose of their waste. To meet this demand, Tiger Tanks has introduced new equipment, which cost $23 million to build. The facility will be fully operational this week. "Our latest addition for treatment of hazardous waste is the introduction of a thermal desorption unit and some infrared units, one of which is capable of recuperating oil from contaminated material. "This technology is being introduced here for the first time. With the Government's option of keeping a healthy environment, these units will be a solution for the treatment of special types of wastes that are not easily disposed of, like pentachlorophenol (PCPs) and persistent organic pollutants (POPs)," he said. Latiff called it a much better alternative to the bioremediation that exists now in T&T.
This is the use of micro-organism metabolism to remove pollutants. "There are other companies who are into waste disposal and it is their line of work alone. But with bio-remediation, it takes time, even months. With our equipment, it's instant disposal."
Downstream industry
Latiff said Tiger Tanks is doing its part to help the develop the downstream sector. There are plans to construct a manufacturing plant in 2012. "There are some areas that the head office would want to shutdown and we will take it up here and, from here, we will distribute through Latin America. It will be a big step for the country. We will manufacture offshore cargo carrying equipment. We had planned this even before the waste disposal unit. "The manufacturing plant should cost $4.2 million. We'll be providing labour, we'll be exporting," he said. Companies must be creative to develop their own niche market, Latiff said. "I think everybody should have a little initiative to look at different ways to develop. We have ways for different uses of our equipment apart from what they were originally built for.
So we give different companies different kinds of services. There is money to be made. We even take the smallest jobs. Nothing is too small for us. We look for work and when we see an opportunity, we grab at it." Tiger Tanks works with major companies in T&T. "We deal with the petroleum industry, the downstream industry in Pt Lisas. We have done work for National Gas Company (NGC) running pipelines, we have used our equipment to transport de-mineralised water and hazardous waste fluids.
"We have our different divisions, like engineering section, transport services for hazardous waste, health and safety department."
Latin America
Tiger Tanks also does work with other subsidiaries of its parent company. "The office in Trinidad is the head office for Latin America. I have been to Venezuela and next week will be to Colombia. In Venezuela, the petroleum and downstream industry is huge. We rent equipment in Venezuela. "We do some sales of equipment there. Pdvsa-Petróleos de Venezuela, SA, the Venezuelan State-owned petroleum company-also wants to work directly with us now, so we want to see how we well go forward in rental and services in tanks and transport of waste disposal."
Tremendous growth
He said Tiger Tanks has grown at a "tremendous rate" over the last seven years. "We made $46 million in revenue last year for 2010, which, compared to $35 million in 2009, we are doing pretty good. We found ways to do things differently. We came up with ideas to get around economy. Most companies operate in one sector, so if that sector goes down, they go down. We do business with several sectors, so that benefited us," Latiff said. Unlike other companies in Tiger Tanks industry, it did not lay off employees when the local economy slumped due to the global financial crisis. "By the end of this year, we expect to be better than last year. We haven't laid people off. We have actually hired new engineers, labourers, electricians, and this would be for our expansion once things pick up in the industry and economy."
A winning employer
Tiger Tanks won the Employers Consultative Association's (ECA) 2010 Champion Employer of the Year Award in the small company category, an achievement Latiff called a "surprise." Tiger Tanks employs has 57 full-time and 22 part-time workers. Latiff considers his company a model employer in that it provides support training and is flexible with employees. "It was the first time we entered something like that. All our employees are highly trained. The most important part of this is the people who work here. This is an open company for employees. We have a wide spectrum of employees here. We have employees here who can barely read and write to engineers and highly skilled people. They are all treated equally," he said.
Latiff said when the company started in Chaguaramas, most of the employees were from Diego Martin, Paramin and surrounding areas. "Since moving to La Brea, not one person left. They all come here for 7 am. I have a girl from Paramin who started with us in Chaguaramas and who comes here every day and she remains committed to the company. We gave her a company vehicle." He said they have employees from Chaguanas, Moruga, Arima, Biche, Rio Claro and other parts of Trinidad. "I pay them well and they are properly trained to ensure they are certified."