April 20, 2021 By Waterways Journal
Port Houston and Portwall Partners have signed a 50-year lease agreement, which will further position the port as the leading gateway for the export of plastic resins in the United States.
According to Port Houston, 59 percent of all resin exports in the United States already pass through Houston. The port also handles two-thirds of containers that pass through terminals along the Gulf Coast.
Under the lease agreement, Portwall Partners will build an 800,000-square-foot, state-of-the-art resin packaging facility within a 56-acre plot at Port Houston’s Bayport Industrial Complex. The rail-served facility will feature three high-speed packaging lines, room for 350 trucks and capacity for 500 rail cars. The Bayport Industrial Park Phase 1, where the packaging facility will be located, is adjacent to the port’s Bayport Container Terminal complex.
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