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News – San Antonio

* This news feed is generated through NewsTalk Texas, provided by the Real Estate Center at Texas A&M University

​BAYTOWN – ​Plantgistix held a grand opening of its 333,000-sf warehouse at 717 Logistics Dr. in the AmeriPort Industrial Park in Baytown. 

The expansion is a $24 million investment that has created 17 new jobs. 

The warehouse includes a large plastic resin packaging line. 

Rail carts bring in the resin that is extracted and puts it into packages and pallets. 

Plantgistix then stores and ships the resin. ​​

The family-owned company chose the location because of its storage and switching capacity for 2,400 rail cars as well as barge service.

​​​An artist rendering of a proposed ethylene cracker plant that would be operated by the ExxonMobil Corp. The petroleum giant and a Riyadh-based project partner say San Patricio County is among the sites they are considering for the facility.CORPUS CHRISTI – The Port of Corpus Christi has approved a lease agreement with the developer of a proposed ethane steam cracker in San Patricio County for dock and terminal space.

The agreement is related to an ExxonMobil-Saudi Arabia Basic Industries Corp. joint venture known as Gulf Coast Growth Ventures. 

The lease is for a 13-acre multipurpose cargo dock and 35-acre marine terminal facility at the Port of Corpus Christi.

Exxon and SABIC selected a 1,300-acre parcel near Gregory for the ethane steam cracker plant earlier this year.

The facility will use ethane gas supplied in the United States in order to export polyethylene and monoethylene glycol around the globe. 

It is currently going through a lengthy permitting process.
The plant is tentatively scheduled to be operational in 2022.

​​​​Pictured: a similar type of development, but completedCORPUS CHRISTI – Junction Energy Capital and Castleton Commodities International broke ground on a $128 million oil storage and distribution facility December 4, 2017.

​The Corpus Christi Marine Storage Terminal is located on the Joe Fulton Corridor next to the M&G Chemicals plant.

A marine facility included in the construction project will provide docking for ships.

Three docks will be built to load tankers for shipping.

The first phase of construction includes one dock and six storage tanks that will hold 250,000 barrels each.

The facility will help handle the onslaught of oil product that will soon be coming into the port via at least six new pipelines currently in the works to connect the Permian Basin and Eagle Ford shale plays to Corpus Christi.