Houston American Energy Corp. ($HUSA) Expands Footprint with Cedar Port Industrial Park Purchase

Houston American Energy Corp. (HUSA) has finalized an $8.5 million acquisition of a 25-acre site at Cedar Port Industrial Park in Baytown, Texas, purchased from TGS Cedar Port Partners. The company plans to build its first plastics recycling plant on this site, converting plastic waste into pyrolysis oil.

This strategically positioned location will become the cornerstone of a U.S. innovation hub dedicated to recycling, renewable, and circular technologies, benefiting from the industrial park’s strong infrastructure, as noted by GreenTech Solutions (GTS).

The hub is set to drive sustainable technology advancements in the region. The industrial park’s robust infrastructure will play a key role in supporting these initiatives. John F. Littman, Executive Managing Director at Cushman & Wakefield, represented Hudson Pacific Properties in the deal.

Ed Gillespie, CEO of Houston United Services Alliance, highlighted that the Cedar Port site is part of the largest master-planned rail and barge-served industrial park in the U.S., with direct access to the Houston Ship Channel and the Port of Houston.

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