Contanda Terminals will construct a new, large-capacity storage terminal on its property along the Houston Ship Channel as part of plans to expand into the petrochemical and hydrocarbon markets.
The new terminal – Contanda Houston Jacintoport Terminal – will provide up to three million barrels of additional petrochemical and hydrocarbon storage capacity. It will be located at the company's Jacintoport terminal site, on the Contanda Steel location, which the company acquired at the end of 2016.
The expansion will add a third Houston-based bulk liquid storage facility to the company's portfolio. In addition to the storage capacity, it will have a deep-water ship dock, two barge docks along with truck and rail infrastructure.
Work is expected to start in October and it is expected to be operational during the fourth quarter 2019.
G.R 'Jerry' Cardillo, president and CEO of Contanda, says: 'This expansion builds on our already established presence for our Houston-based markets.
'This project meets the growing needs of our customers who have requested additional storage and logistics services to support their growth initiatives. The new Contanda Houston Jacintoport Terminal will strengthen our position as a leading storage provider in our growing, renewable, petrochemicals and hydrocarbons markets and allow us to continue our growth platform in and around the Houston Ship Channel.'
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