Chemical Company Begins Construction on Florida Distribution Center to Support Regional Plants

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Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). Arizona Chemical Company (Jacksonville, Florida), a subsidiary of International Chemical Company (NYSE:IP)(Stamford, Connecticut), broke ground on a chemical distribution center on an 11-acre site in Marianna, Florida in early September of 2005. Conlan Company (Marietta, Georgia) was awarded by the project developer, Prologis (NYSE:PLD)(Aurora, Colorado), to construct the 115,000 square-foot distribution center that will have an estimated construction cost of $10 million. Approximately $3 million is being allotted for distribution equipment to include re-baggers and a racking system that should be installed by January of 2006.

Once complete, this new distribution center will act as a receptacle to Arizona Chemical Company’s pine tree-based chemicals and resins that are being produced at their three Florida locations. Florida’s tall oil production plants are located in Panama City and Port Saint Joe, as well as a resins plant in Pensacola that have all been in operation for approximately 50 years.

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