PORT NEWS

Port Houston Exhibits Major Growth in Resin Exports

PH Comm. 5.21.2019-19

Caption: May Port Commission meeting

Citing continued increases in tonnage, including resin exports, Port Houston Executive Director Roger Guenther provided a report of solid operating results to the Port Commission of the Port of Houston Authority at its May monthly meeting. Guenther highlighted the role of resin exports in these results.

Total tonnage has increased by 9 percent for the year, including an 11 percent increase in loaded container tonnage. Total container twenty-foot equivalent units (TEUs) have grown 13 percent for the year, including year-over-year growth of 15 percent in April.

“The big driver of this growth is the much-anticipated surge in resin exports,” Guenther said. “It is here, and it is solid.” Year-to-date, Port Houston’s resin exports grew 38 percent in total, and polyethylene exports increased an “astounding” 62 percent.

Steel imports through all Port Authority facilities also show ongoing strength, growing 31 percent compared to the same period last year. 

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