Construction is under way on Intercontinental Terminals Co. LLC's (ITC) new bulk liquids terminal on the Houston Ship Channel, which will provide storage and handling for petrochemicals and petroleum products as well as petrochemical gases and natural gas liquids (NGL). ITC, a unit of Mitsui & Co. (U.S.A.) Inc., has been operating on the channel since 1972 and owns and operates a 12.8 million bbl liquid bulk terminal facility in Deer Park, TX. The greenfield terminal is in Pasadena, TX, on the south side of the channel. Start up of operations is expected during the second quarter of 2015 with 10 tanks of 100,000 bbl each. The terminal will have two deep-water ship docks and four barge docks capable of handling large oceangoing tankers as well as inland barges. Multiple product pipelines are adjacent to or near the new terminal, which will also have rail and truck facilities.
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