Portwall Partners To Develop Resin Packaging Facility At Port Houston
Port Houston and Portwall Partners have signed a 50-year lease agreement, which will further position the port as the leading gateway for the export of plastic resins in the United States.
According to Port Houston, 59 percent of all resin exports in the United States already pass through Houston. The port also handles two-thirds of containers that pass through terminals along the Gulf Coast.
Under the lease agreement, Portwall Partners will build an 800,000-square-foot, state-of-the-art resin packaging facility within a 56-acre plot at Port Houston’s Bayport Industrial Complex. The rail-served facility will feature three high-speed packaging lines, room for 350 trucks and capacity for 500 rail cars. The Bayport Industrial Park Phase 1, where the packaging facility will be located, is adjacent to the port’s Bayport Container Terminal complex.
“Port Houston is America’s pre-eminent resin port,” Port Houston Executive Director Roger Guenther said. “This development is a continuation of the strategic expansion Port Houston has been pursuing for some time. We look forward to seeing this new industrial park develop and flourish in order to better serve our customers and keep jobs here in Houston.”
The new facility will be subleased and operated by Packwell, a Houston-based plastics bagging and logistics company. Packwell, founded in 1986, has two other locations in the Houston area.
“We have a proven track record and are excited to be integrally involved with Port Houston for this major new facility,” said Al Duran, president of Packwell. “As a family business, we have been able to grow steadily in the resin market thanks to our dedicated team members, good business practices and our many loyal customers. We look forward to this great opportunity and are excited to be able to grow with the plastics industry.”