Katoen Natie Gulf Coast Plans Second Houston Polymers Dry Bulk Storage Terminal

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Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). Katoen Natie Gulf Coast (LaPorte, Texas) plans construction of a second Houston Polymers Terminal (HPT), to be located on Highway 225 near the petrochemical corridor, along the Houston Ship Channel. The site selection process is underway and should be finalized in October, along with the selection of a consulting firm to begin permitting. The terminal will cost an estimated $20 million and consist of approximately 400,000 square feet of warehouse space.

The warehouse will be used for specialty polymer dry bulk resin storage and packaging, and will include a railcar storage yard, with bulk packaging silos and blending equipment, to be served by the Port Terminal Railroad Association. Construction is planned to begin in the second quarter of 2005 and be complete by the end of the year.

The first HPT was completed in June 2004, and took two years to construct. The investment was estimated at $75 million, with over 1.2 million square feet of packaging and storage warehouse space and railcar storage yard for transportation. Industrialinfo.com began tracking this development in 2001. See related December 10, 2001 news article: Katoen Natie Secures Chevron Phillips as First Customer for $100 Million Polymers Terminal Complex Under Construction in Houston.

Katoen offers a vast array of services, including storage, packaging, customizing, quality control in order to provide value added logistics, and high-tech services. Combining engineering, technology, and port operations, these platforms are able to offer solutions to the chemical and automotive industries. Katoen is a global leader in handling dry bulk resins, with over sixteen billion pounds being handled on an annual basis, and operates in North and South America and Europe.