Issue Date: March 18, 2013
Chemical Storage Centers Set
Two companies are planning chemical storage and distribution centers on the Gulf Coast to serve chemical makers that are expanding their facilities to take advantage of low-cost natural gas from shale. In Pasadena, Texas, Mitsui & Co.’s Intercontinental Terminals subsidiary will spend about $150 million to build a storage terminal for bulk liquid chemicals and petroleum. The firm expects the terminal will open during the second quarter of 2015. Intercontinental already . . .
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