Intercontinental Terminals Company
  • Intercontinental Terminals Company History

    ITC was founded on February 24, 1972, with its purpose to construct, operate, maintain, and grow Mitsui & Company (U.S.A.) Inc. terminal assets.

    The Terminal broke ground after taking title to 11 acres on December 1, 1971 located on the inlet of Tucker Bayou next to Rohm and Haas. Simultaneously, with this purchase, ITC concluded a long-term lease with Union Equity Cooperative Exchange for an existing dock with deepwater that was contiguous to the 11 acres.

    In 1974, a dock which the facility was leasing from Union Equity became available for sale. Included in this purchase was an existing warehouse built over the dock that was used to store bagged rice for export. Mitsui purchased a 50% interest in the dock, storage warehouse, and deepwater berth which increased the size of the facility by an additional 18 acres.

    Within a year, another opportunity was presented when Rollins Environmental Services offered to sell their interest in a dock and 135 acres of land. This property was south of Tidal Road and was not contiguous to the existing 18 acres. ITC successfully acquired the 135 acres from Rollins, but eventually resold 80 of these acres back to Rollins.

    By 1976, with dock ownership and the newly acquired acreage, ITC constructed a key installation for Exxon Chemical Company. The Terminal built four 25,000-barrel semi-refrigerated
    15 pound spheres for the storage of Butadiene, Crude Butadiene, and Butene-1.

    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. This property which is contiguous to the original 11 acres also included Fluor’s barge dock on Tucker Bayou and a warehouse. The warehouse was immediately resold, together with approximately 10 acres to the Valvoline Company.

    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. The final acquisition occurred in 2003 with the addition of the Global Octane property of 27 acres. With the completion of this transaction, the facility now approximated 265 acres.

    In 2008, ITC entered into a Joint Venture terminal agreement with Rubis to build a new facility in the Port of Antwerp. Terminal operations at this facility, ITC Rubis Terminal Antwerp, started in October 2010 and further expansions are continuing.

    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 2011, ITC became RC 14001:2008 certified and expanded storage capacity by an additional 965,000 barrels of storage.

    In 2012 and 2013, ITC continued expanding storage with an additional 900,000 barrels at the Deer Park facility, and an additional 327,000 barrels at its Antwerp location.

    ITC currently has a total of 15 docks of which five can be used by ships. The total storage capacity is 12.7 million barrels. Products are stored in tanks that range in size from 8,000 to 160,000 barrels. Total throughput exceeds 144 million barrels a year and ITC handles approximately 770 ships, 3,700 barges, 12,000 tank cars, and 33,600 tank trucks annually.

    Approximately 230 associates work at the Deer Park Terminal. An additional 20 associates at the Anchorage Chemical Terminal located in Port Allen, Louisiana.

    Pictures from ITC’s History