Intercontinental Terminals operates the Pasadena VII liquids storage terminal, which is located in Texas in the US. This liquids storage terminal became operational in 2015 and is owned by Mitsui.
The terminal, which is accessible by pipeline, rail, road, and sea, primarily stores chemicals and petroleum products.
Key specifications of the storage terminal
Storage Capacity (bbl): 67,69,000
Tank Size Min (bbl): 12,000
Tank Size Max (bbl): 1,65,000
Number of Tanks: 58
Pasadena VII storage terminal is undergoing an expansion, which will increase its storage capacity by 10,31,000bbl.
During the period 2021-2025, the Pasadena VII storage terminal is expected to witness an estimated capex of $54m.
About Intercontinental Terminals
Intercontinental Terminals Co LLC (ITC), a subsidiary of Mitsui & Co. (USA) Inc, is an oil and gas company that offers terminal services. The company’s services include bulk liquid storage, blending, distribution, and logistics services of petrochemical and chemical products. It also provides terminal transportation facilities through vessel, rail car, barge, and pipeline system connections. ITC maintains tanks to store bunker oil, petrochemical liquids and gases, fuel oil, distillates and others. The company serves to petrochemical industries. It has operations in Pasadena, Baton Rouge, Deer Park, the US and Antwerp, Belgium. ITC is headquartered in La Porte, Texas, the US.
Methodology
Information on the liquids storage terminal is sourced from GlobalData’s liquids storage terminal database that provides detailed information on all active and upcoming, liquids storage terminals globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.