Happy Thursday!
I went to the Greater Houston Port Bureau (GHPB) Commerce
Club Luncheon at the Houston Marriot South at Hobby Airport. The speaker was Matt Fleming, Vice President
of Business Development, TGS (Trans-Global Solutions, Inc.) Cedar Port Industrial Park. TGS Cedar Port Industrial Park is the largest
master-planned rail-served industrial park in North America. Mr. Fleming spoke on this topic back in 2017 and
his talk was about what Cedar Port Industrial Park plans, and today it was
about where they have been, and where they are going. Back
in 2017 they looked into the markets and polyethylene/ethylene were growing, so
they invested heavily in rail. Now Houston
is the center of the market between the 18 ethylene crackers from Freeport to
Lake Charles, and the market is bigger than they expected. They invested in rail, and now they are a
Class 3 rail facility, and have 100 miles of rail, and a rail cleaning
area. They are in the process of procuring
barges at this time through a grant due to Cedar Bayou being dredged to over 12-feet.
He also spoke about the large warehouses and their tenants. He said the park is about 67% developed, and
they have more acres to develop. TGS is also in talks about developing carbon
capture projects on their land with several companies. He touched on new energies and their possible
plans for hydrogen and lithium batteries. His talk had a bit of it all. If you would like to know more about TGS Cedar Port Industrial Park, please
click the link: Home | Cedar Port Industrial Park
(tgscedarport.com)
If you need help with planning
your next project, contact us via the email in the blog and check out our ESC website!
We are looking forward to the
next GHPB’s Commerce Club Luncheon, which is on Thursday, May 18, 2023, and its Captain Bill Diehl’s
Retirement Celebration. We hope to see
you there.
Have a great and relaxing evening!