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Intercontinental Terminals company history timeline

1972

ITC was founded on February 24, 1972 to construct and operate terminal assets.

1974

In 1974, a dock which the facility was leasing from Union Equity became available for sale.

1976

By 1976, with dock ownership and the newly acquired acreage, ITC constructed a key installation for Exxon Chemical Company.

1977

ITC finalized an operating agreement in 1977 with ExxonMobil to operate its Anchorage terminal in Port Allen, Louisiana, which stores and handles Butadiene and Propylene.

1983

Another milestone occurred in 1983, when an additional 96 acres were purchased from the Fluor Corporation.

1993

Further acquisitions were made in 1993 with a purchase of 87 acres, two docks, and 20,000 feet of rail from the old Union Equity Cooperative.

2003

Final acquisition occurred in 2003 with the addition of the Global Octane property of 27 acres.

2008

In 2008, ITC entered into a Joint Venture terminal agreement with Rubis to build a new facility in the Port of Antwerp.

2010

In July 2010, ITC acquired 180 acres of land on the Houston Ship Channel in Pasadena, and work is ongoing to develop this new site to a world-scale petroleum and petro-chemical terminal.

2013

In 2013, ITC Deer Park continued expanding storage with an additional 900,000 barrels at the Deer Park facility

2015

In May 2015, ITC Pasadena commissioned its first tanks and began moving product.

2016

Additional tanks were added and commissioned in July 2016 bringing the terminal to 3.3 million barrels of capacity.

2017

In July 2017, necessary permitting was received allowing ITC to construct another 4.2 million barrels of storage at Pasadena.

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Founded
1972
Company founded
Headquarters
La Porte, TX
Company headquarter
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Intercontinental Terminals may also be known as or be related to Intercontinental Terminals, Intercontinental Terminals Company, LLC and Intercontinental Terminals LLC.