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ITC was founded on February 24, 1972 to construct and operate terminal assets.
In 1974, a dock which the facility was leasing from Union Equity became available for sale.
By 1976, with dock ownership and the newly acquired acreage, ITC constructed a key installation for Exxon Chemical Company.
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.
Another milestone occurred in 1983, when an additional 96 acres were purchased from the Fluor Corporation.
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.
Final acquisition occurred in 2003 with the addition of the Global Octane property of 27 acres.
In 2008, ITC entered into a Joint Venture terminal agreement with Rubis to build a new facility in the Port of Antwerp.
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.
In 2013, ITC Deer Park continued expanding storage with an additional 900,000 barrels at the Deer Park facility
In May 2015, ITC Pasadena commissioned its first tanks and began moving product.
Additional tanks were added and commissioned in July 2016 bringing the terminal to 3.3 million barrels of capacity.
In July 2017, necessary permitting was received allowing ITC to construct another 4.2 million barrels of storage at Pasadena.
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