CTI Foundation Terminal, Inc. v. Ingevity Corporation

District Court, S.D. Georgia·Decided September 10, 2026·No. 4:25-cv-00153·Unknown

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF GEORGIA SAVANNAH DIVISION

CTI FOUNDATION TERMINAL, INC.,

Plaintiff, CIVIL ACTION NO.: 4:25-cv-00153

v.

INGEVITY CORPORATION,

Defendant.

O RDE R Plaintiff CTI Foundation Terminal, Inc. (“CTI”), filed this action for breach of contract against Defendant Ingevity Corporation (“Ingevity”), alleging that Ingevity has breached a three- year storage agreement between the parties by failing to pay multiple monthly storage fees. (Doc. 1.) Plaintiff filed a Motion for Partial Summary Judgment by which it seeks to recover Defendant’s total unpaid monthly storage fees, with interest, as of the date the Motion was filed. (Doc. 28.) Defendant likewise filed a Motion for Summary Judgment, arguing that it never breached the parties’ agreement and that the Court should dismiss Plaintiff’s claims. (Doc. 29.) For the below reasons, Plaintiff’s Motion is GRANTED in part and DENIED in part, (doc. 28), and Defendant’s Motion is DENIED, (doc. 29). BACKGROUND The Court derives the following facts from the parties’ submissions and the summary judgment record.1 (Docs. 1, 28, 29, 32, 33 & 36.) Under Local Rule 56.1, when a fact is

1 Though both parties filed a statement of undisputed material facts, (see doc. 28-11; doc. 29-1, pp. 4–8), neither party responded to the other’s filing. See L.R. 56.1 (“All material facts set forth in the statement required to be served by the moving party will be deemed to be admitted unless controverted by a statement undisputed, the Court includes the fact. For disputed facts, the Court reviews the record to determine if a material dispute exists. Where the other party’s response reflects the record cited more accurately, the Court modifies the proposed fact and cites the record. The Court also excludes immaterial facts, those stated as an issue or legal conclusion, those not supported by a

citation to evidence, or those that the record citation fails to support. And, where appropriate, the Court includes facts drawn from its review of the record. See Williams v. Wal-Mart Stores E., LP, 661 F. Supp. 3d 1264, 1266 (N.D. Ga. 2023). The following facts are undisputed unless otherwise stated. Plaintiff CTI is a corporation organized under the laws of the State of Georgia that owns and operates liquid and dry bulk storage facilities. (Doc. 1, pp. 1–2; doc. 21, p. 1.) Defendant Ingevity is a corporation organized under the laws of the State of Delaware with its principal place of business in South Carolina. (Doc. 1, p. 1; doc. 21, p. 1.) On April 26, 2024, CTI and Ingevity entered into a Master Terminal Storage Agreement (“MTSA”). (Doc. 1, p. 2; doc. 21, p. 1.) Section 1 of the MTSA describes the agreement’s “Purpose” as follows:

[Ingevity] may engage CTI to store its product at the Terminal . . . . If [Ingevity] engages CTI to store Product, [Ingevity] and CTI will from time to time execute schedules to this Agreement . . . . Each Schedule will reference this Agreement and identify the Product subject thereto and the location, nature, and cost of the usage and/or services to be provided. Once a Schedule is entered into by the Parties, the terms and conditions expressed in this Agreement will govern the services contemplated by the Schedule.

(Doc. 29-2, p. 2.) Section 3 of the MTSA, titled “Rates, Fees and Charges,” provides the following terms, in Subsection 3.1, on “Invoicing and Payment,” Storage fees will be invoiced in advance on or before the first of the month for which storage applies and will be payable within thirty (30) days after date of such invoice . . . . [Ingevity] will be assessed a late charge of one and one-half percent

served by the opposing party.”). The Court accordingly draws from the entire summary judgment record to determine the undisputed material facts at issue. (1.5%) interest per month (or the highest rate permitted by law, whichever is less) for any invoice not paid within thirty (30) days of the due date.

(Id. at pp. 2–3.) Subsection 3.2, “Escalation,” sets forth the process by which the storage fees in a given schedule will increase to reflect market conditions: The base month for each Schedule will be the calendar month that is four (4) months prior to the Schedule Effective Date in any particular Schedule (the “Base Month”). Unless otherwise provided in the Schedule(s), on the first anniversary of the Schedule Effective Date provided in the Schedule(s), and each anniversary thereafter, charges in each respective Schedule will be increased (and not decreased) by the percentage of annual change in the Base Month Consumer Price Index, All Urban Consumers, U.S. city average, all items, not seasonally adjusted, U.S. Department of Labor, Bureau of Labor Statistics (the “CPI”) or three (3%) percent, whichever is greater.

(Id. at p. 3.) Section 23 of the MTSA, titled “Default,” appears as follows: 23. Default.

23.1 A default under this Agreement (a “Default”) by a Party shall occur if it: (a) fails to timely pay any amount which is properly due and payable under this Agreement or any Schedule and fails to cure such non-payment within ten (10) days of notice from the other Party; (b) breaches this Agreement or any Schedule (other than with respect to the payment of money), and the breach is not cured within thirty (30) days of notice, or, where cure of such breach is not possible within such thirty (30) day period but is reasonably capable of being cured, the Party fails to commence cure of such failure within such thirty (30) day period or to diligently, continuously and in good faith pursue such cure; or (c) an “Insolvency Event” occurs, meaning the Party ceases to carry on its business, becomes insolvent or unable to pay its debts as they come due or files or has filed against it a petition in bankruptcy, for reorganization, or for appointment of a receiver or trustee (and in such case when a petition is filed against a Party, the petition is not dismissed within sixty (60) days of the filing). If a Default occurs, the non-defaulting Party may, at its election, pursue any remedies available to it in contract, at law or in equity, and no remedy or election hereunder shall be deemed exclusive but shall, wherever possible, be cumulative with all other remedies in contract, at law or in equity . . . .

23.2 If a Default occurs, the non-defaulting Party may, at its election, terminate either (a) this Agreement and all Schedules or (b) one or more Schedules with respect to which such Default specifically relates or pertains, without terminating this Agreement and any other Schedule(s).

. . . 31. Notices. To be effective, notices will be in writing and delivered either: (A) by a national overnight transportation company with tracking (e.g., Federal Express, UPS, etc.) (an “Overnight Carrier”) to the address set forth below; or (B) by email to the email addresses set forth below... (Id. at p. 12.) On April 26, 2024, the same day that the MTSA was executed, CTI and Ingevity also executed “Schedule A,” which sets out the terms under which CTI would store one of Ingevity’s products (the “Schedule”). (Doc. 1, p. 2.) Section 1 of the Schedule, titled “Term,” appears in relevant part as follows:

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CTI Foundation Terminal, Inc. v. Ingevity Corporation, (S.D. Ga. 2026).

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