Energy, Oil & Gas Issue 228 September 2025 | Page 83

_________________________________________________________ Intercontinental Terminals Company( ITC)
We pride ourselves on moving our customers’ products as safely and efficiently as possible
As our conversation draws to a close, Brent reflects on 2025 and shares his vision for ITC in the coming years.“ In terms of market conditions, ITC Deer Park has seen more inconsistency in product movements in the last 12 months compared to ITC Pasadena,” he shares.“ Deer Park is primarily a petrochemical storage terminal whereas Pasadena is a finished fuels storage facility. Throughput has been down at Deer Park, and we believe that is driven by a few factors including higher interest rates which are negatively impacting the sale of houses and vehicles, and many petrochemical products go into home construction and appliances. Geopolitical issues and tariff discussions are driving ongoing uncertainty in many markets including the petrochemical arena, which also impacts shipping, trading, and costs.
“ Our focus for the remainder of 2025 is the construction at Deer Park, infrastructure improvements at Pasadena, and full implementation of Parsable technology at both sites. However, as part of our commitment to safety, we’ re on a journey to become an OSHA VPP Star Site. Our goal is to finish stage three of the OSHA Challenge Program by the end of 2025 to allow us to energy-oil-gas. com 83