You are currently viewing: News



13-04-2017

Oiltanking acquires terminal in Texas City

Oiltanking North America, LLC is pleased to announce the acquisition of the Oiltanking Galveston County terminal. OTGAL currently handles specialty chemicals and petrochemicals with approximately 69,000 cbm (430,000 barrels) of storage capacity. The terminal is situated on over 200 acres allowing ample room for expansion opportunities.

OTGAL is located to the Northwest of Oiltanking’s existing Texas City marine terminal and has extensive pipeline connections to it. The newly acquired OTGAL terminal has 78 tanks, five truck racks with loading and unloading capabilities and significant railcar spots for loading, unloading, and storage.

The terminal provides substantial room for rail, truck, pipeline and storage expansion along with the opportunity to become an industrial park. A key advantage is its close proximity and pipeline connection to the Oiltanking Texas City terminal which offers sophisticated infrastructure with approximately 550,000 cbm (3.5 million barrels) of liquid petroleum products, renewables, chemicals and gas storage capacity. The Texas City terminal has rail and truck capability and has two docks for vessels with up to twelve meters (40 feet) draft and eight barge docks.

The acquisition of the OTGAL terminal facility was done in parallel with the recently announced purchase of the 89 hectares of industrial land to enable the development of the Texas Independent Deepwater Expansion ("TIDE") terminal facility.

Both acquisitions fit perfectly with the Oiltanking strategy to offer excellent terminal services in key petroleum and chemical markets in North America. The port of Texas City is home to a vast refinery market and several chemical companies. Its short sailing time to open water and uncongested marine traffic position makes the port a highly valuable player in the Houston market.

Sponsor : 

Other News Items

Dangote Oil Refinery selects equipment and technology from Honeywell UOP

UOP LLC, a division of Honeywell International Inc, today announced that it has won a contract from Dangote Oil Refinery Company Ltd. for critical equipment, technology ...

27-04-2017

Emerson expands its family of non-intrusive temperature instrumentation

Emerson Automation Solutions introduces a new platform for its Rosemount™ X-well™ Technology surface sensing temperature measurement solution. The X-well ...

27-04-2017

Orpic selects NelesĀ® emergency shutdown valves from Metso

Metso will supply 400 industry-leading Neles® emergency shutdown (ESD) valves for an ethylene cracker as part of the new Liwa Plastics Industrial Complex (LPIC) Project ...

26-04-2017

Lubrizol selects Jacobs to provide EPC services for new polyisobutylene unit

Jacobs Engineering Group Inc, has been selected by Lubrizol to provide engineering, procurement and construction (EPC) services for Lubrizol’s new Polyisobutylene ...

26-04-2017

Servomex appoint Andrew Thompson as VP global marketing & business development

Servomex has appointed Andrew Thompson to the role of Director, VP, Global Marketing & Business Development, based at the UK Technical Centre in Crowborough, UK. Andrew ...

25-04-2017

Honeywell introduces software development kit simplifying IIoT connectivity

Honeywell Process Solutions today announced the first robust, fully scalable software toolkit that simplifies the interconnection of industrial software systems, enabling ...

25-04-2017

TrendMiner predictive analytics software selected by Total

TrendMiner predictive analytics software was selected by Total to facilitate self-service analytics and process performance optimization of its Refining & Chemicals ...

24-04-2017

AspenTech acquires rights to operator training simulator framework software

Aspen Technology, Inc, the asset optimization software company, announced it has acquired rights to Operator Training Simulator (OTS) framework software from Inprocess ...

24-04-2017

Indian Oil wins award for best innovation in refineries

IndianOil R&D bagged an award for “Best innovation in Refineries” under Team category for the performance improvement of FCC Unit of Gujarat Refinery ...

24-04-2017

Neste Jacobs to perform a comprehensive energy study for Unipetrol's Litvinov refinery

Technology, engineering and project management company Neste Jacobs and the leading refinery and petrochemical group Unipetrol, which constitutes an important part of ...

20-04-2017