Flint Hills Resources to Purchase Additional Land in Ingleside
October 9, 2013
Flint Hills Resources is looking to acquire more than 650 acres of vacant land near its crude oil terminal in Ingleside. The property is located off Farm to Market 1069, about a halfmile from the company’s current terminal.
“We are continuously evaluating new opportunities that position us for future growth opportunities,” said Valerie Pompa, vice president and manufacturing manager for Flint Hills Resources Corpus Christi. “Although we do not yet have a specific plan for the land, it obviously presents a logical growth opportunity because it is close to our existing Ingleside terminal and our two docks, which could result in increased employment for residents in the area and increased taxes for the city and county.”
Flint Hills Resources has owned a terminal and dock in Ingleside since 1990. In 2011, the company purchased a small craft pier and related wharf from the Port of Corpus Christi and spent $35 million to improve the dock. The dock went into service in July 2012 and is capable of loading 200,000 barrels of crude and condensate per day onto barges for delivery to other facilities along the Gulf of Mexico.
During the past decade, Flint Hills Resources has invested more than $100 million into its existing Ingleside facility.