Multi-Year Agreement Provides Access to 339 Acres

The land acquisition enables Contanda to continue to double its terminal storage capability.

HOUSTON— Houston-based Contanda Terminals LLC has entered into a multi-year commercial agreement with the Port of Houston Authority for 339 acres of prime deep-water access property located on the Houston Ship Channel. The land acquisition enables Contanda to continue to develop its key strategic business objective of doubling its terminal storage capability during the next five years and expanding into the bulk petrochemical and hydrocarbon markets.

“With this project, Contanda has the opportunity to make significant strides in achieving our corporate goals while firmly establishing our position as a leading storage provider in the growing petrochemical and hydrocarbon markets,” said G.R. “Jerry” Cardillo, president and CEO of Contanda. “We firmly believe in the Port of Houston, its capabilities and the opportunities it presents to our customers and shareholders. We look forward to further developing one of the largest ports in the world.”