OREANDA-NEWS. Mitsui & Co.'s 100%-owned affiliate Intercontinental Terminals Company ("ITC") has worked in the tank terminals business for over 40 years in the Houston area, growing to be the biggest tank terminal company in the region, and among the top in the United States.

Although the shale gas boom provides a tailwind for the region as a hub for the petroleum and gases, and petrochemical manufacturing industries and tank demand is expected to increase greatly, limited space to expand in is becoming a serious issue.

With this constantly growing tank demand in mind in 2010 ITC acquired 180 acres (approx. 730,000 square meters) with exceedingly rare and valuable water access in Pasadena, Texas. Investing 18 billion yen to construct a tank terminal with ship docking facilities and ten tanks, they held the groundbreaking ceremony for the site on May 1, 2013.

ITC continues to contribute to the region's industrial development through logistics, and addresses customer's needs with safety as the foundation of its service.