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Mitsui & Co. begins work on US petchem terminal

7:49 AM MDT | July 12, 2013

Mitsui & Co. says its Intercontinental Terminals Co. (ITC; Houston) subsidiary has begun construction on the previously announced petrochemical tank terminal on the Houston Ship Channel at Pasadena, TX. ITC is investing ¥18 billion ($181 million) to build the tank terminal with ship docking facilities and 10 tanks. The new tank terminal facility is expected to become operational in the second quarter of...

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