Petrochemical Manufacturing Complex News

The Port Commission of the Port of Houston Authority has decided to accelerate widening of the Houston Ship Channel, the nation’s busiest waterway.The Port Authority is working with the U.S. Army Corps of Engineers (USACE) and other representatives of the federal government, as well as Port of Houston and Houston Ship Channel stakeholders, to obtain authorization and accelerated funding and completion, of a deepened and widened ship channel.“The Houston Ship Channel is open for business for all and will continue to be,” said Port of Houston Authority Chairman, Ric Campo.This project will be the eleventh significant widening and deepening of the channel since its conception…

Enterprise Products Partners will build an ethane export facility on the Houston Ship Channel, signing a long-term agreement with the Port of Houston Authority for use of its facilities adjacent to Enterprise's existing terminal at Morgan's Point. "The agreement is exciting for the port and the entire region in terms of creating jobs and fostering positive economic impact," noted Janiece Longoria, Chairman of the Port Commission of the Port of Houston Authority. The 30-year agreement is a significant transaction for the Port Authority that will enhance the value of the existing lease with Enterprise. The facility is expected to begin operations in the third quarter of 2016.

At a briefing held Wednesday at the Port of Houston Authority, U.S. McCaul chose the port as the site to host the briefing on security and emergency preparedness to illustrate the importance of the Port of Houston to the nation's economy and energy security. The Port of Houston is home to the largest petrochemical manufacturing complex in the United States and second largest in the world. McCaul met with Port of Houston Authority officials as well as Houston, Harris County and…