Houston American Energy Closes Acquisition of Cedar Port Development Site in Baytown, Texas
Houston American Energy (NYSE American: HUSA) has completed the acquisition of a 25-acre site at Cedar Port Industrial Park in Baytown, Texas for $8.5 million from TGS Cedar Port Partners. The site will be developed into the company's first plastics recycling plant, focusing on converting plastic waste into pyrolysis oil.
The strategic location offers significant advantages, being situated in the largest master-planned rail and barge-served industrial park in the United States, with direct access to the Houston Ship Channel and Port of Houston. The facility will serve as an innovation hub for recycling, renewable, and circular technologies, benefiting from the region's robust infrastructure and skilled workforce.
Houston American Energy (NYSE American: HUSA) ha completato l'acquisizione di un terreno di 25 acri presso il Cedar Port Industrial Park a Baytown, Texas, per 8,5 milioni di dollari da TGS Cedar Port Partners. Il sito sarà sviluppato come il primo impianto di riciclaggio della plastica dell'azienda, con l'obiettivo di trasformare i rifiuti plastici in olio da pirolisi.
La posizione strategica offre vantaggi significativi, trovandosi nel più grande parco industriale pianificato servito da rotaia e chiatte degli Stati Uniti, con accesso diretto al Houston Ship Channel e al porto di Houston. La struttura fungerà da centro d'innovazione per tecnologie di riciclaggio, energie rinnovabili e circolari, sfruttando l'infrastruttura avanzata della regione e la forza lavoro qualificata.
Houston American Energy (NYSE American: HUSA) ha completado la adquisición de un terreno de 25 acres en Cedar Port Industrial Park en Baytown, Texas, por 8.5 millones de dólares de TGS Cedar Port Partners. El sitio se desarrollará como la primera planta de reciclaje de plásticos de la compañía, enfocada en convertir residuos plásticos en aceite de pirólisis.
La ubicación estratégica ofrece importantes ventajas, ya que se encuentra en el parque industrial planificado más grande de Estados Unidos con acceso por ferrocarril y barcazas, con acceso directo al Houston Ship Channel y al Puerto de Houston. La instalación servirá como un centro de innovación para tecnologías de reciclaje, renovables y circulares, beneficiándose de la sólida infraestructura y mano de obra calificada de la región.
휴스턴 아메리칸 에너지 (NYSE American: HUSA)는 텍사스 베이타운에 위치한 시더 포트 산업 공원 내 25에이커 부지를 TGS Cedar Port Partners로부터 850만 달러에 인수 완료했습니다. 이 부지는 회사의 첫 번째 플라스틱 재활용 공장으로 개발될 예정이며, 플라스틱 폐기물을 열분해유로 전환하는 데 중점을 둘 것입니다.
전략적 위치는 미국 최대 규모의 철도 및 바지선이 연결된 계획형 산업 공원 내에 위치해 있으며, 휴스턴 선박 운하와 휴스턴 항구에 직접 접근할 수 있다는 큰 장점을 제공합니다. 이 시설은 재활용, 재생 가능 및 순환 기술을 위한 혁신 허브로서, 지역의 견고한 인프라와 숙련된 인력을 활용할 것입니다.
Houston American Energy (NYSE American : HUSA) a finalisé l'acquisition d'un site de 25 acres au Cedar Port Industrial Park à Baytown, Texas, pour 8,5 millions de dollars auprès de TGS Cedar Port Partners. Le site sera développé en tant que première usine de recyclage des plastiques de l'entreprise, axée sur la conversion des déchets plastiques en huile de pyrolyse.
Cette localisation stratégique offre des avantages importants, étant située dans le plus grand parc industriel planifié desservi par rail et barge aux États-Unis, avec un accès direct au Houston Ship Channel et au port de Houston. L'installation servira de centre d'innovation pour les technologies de recyclage, renouvelables et circulaires, bénéficiant de l'infrastructure robuste et de la main-d'œuvre qualifiée de la région.
Houston American Energy (NYSE American: HUSA) hat den Erwerb eines 25 Hektar großen Grundstücks im Cedar Port Industrial Park in Baytown, Texas, für 8,5 Millionen US-Dollar von TGS Cedar Port Partners abgeschlossen. Das Gelände wird zum ersten Kunststoffrecyclingwerk des Unternehmens ausgebaut, das sich auf die Umwandlung von Kunststoffabfällen in Pyrolyseöl konzentriert.
Die strategische Lage bietet erhebliche Vorteile, da sie sich im größten geplanten Industriepark der USA mit Bahn- und Binnenschiffsanschluss befindet und direkten Zugang zum Houston Ship Channel und Hafen von Houston bietet. Die Anlage wird als Innovationszentrum für Recycling-, erneuerbare und zirkuläre Technologien dienen und profitiert von der robusten Infrastruktur und dem qualifizierten Arbeitskräfteangebot der Region.
- Strategic acquisition of 25-acre site in the largest master-planned rail and barge-served industrial park in the US
- Direct access to Houston Ship Channel and Port of Houston provides robust logistical advantages
- Access to deep pool of engineering and operations talent in the region
- Infrastructure engineered for heavy industry with access to two barge terminals
- Site will enable expansion into sustainable plastics recycling and low-carbon fuels
- Significant capital expenditure of $8.5 million for land acquisition
- Additional investment required for plant construction and infrastructure development
- Execution risk in entering new business segment of plastics recycling
Insights
HUSA's $8.5M acquisition of Cedar Port property marks strategic expansion into plastic-to-fuel pyrolysis, leveraging prime logistics infrastructure.
Houston American Energy's
The choice of Baytown positions HUSA at the nexus of the Gulf Coast energy corridor, where they can tap into the region's established petrochemical infrastructure and specialized workforce. This acquisition isn't merely about real estate - it's about establishing an innovation platform. By specifically targeting pyrolysis oil production from plastic waste, HUSA is entering the advanced recycling market that produces drop-in fuels and chemical feedstocks with lower carbon intensity than virgin materials.
The
25-Acre Site Provides Strategic Logistical Access in the U.S. Gulf Coast Energy Corridor; Will Serve as Future Low-Carbon Fuels and Innovation Hub
HOUSTON, TX, July 15, 2025 (GLOBE NEWSWIRE) -- Houston American Energy Corp. (NYSE American: HUSA) (“HUSA” or the “Company”) today announced it has closed the
HUSA plans to construct its first plastics recycling plant at the location, transforming plastic waste into pyrolysis oil. The strategically located site will be the foundation for a U.S. innovation hub dedicated to developing recycling, renewable and circular technologies supported by the industrial park’s robust infrastructure.
“The site at Cedar Port is in the largest master-planned rail and barge served industrial park in the United States with direct access to the Houston Ship Channel and the Port of Houston,” said Ed Gillespie, CEO of HUSA. “It provides robust logistical advantages for the transportation of both feedstock and our low-carbon drop-in fuels and chemical products. Critically, the region has a deep pool of engineering and operations talent. HUSA looks forward to working with local communities and adding economic growth in the Gulf Coast region.”
James Scott, President, Construction & Development for TGS stated, “We are excited to welcome Houston American Energy to Cedar Port Industrial Park. HUSA’s innovative approach to converting waste into low-carbon fuels aligns with our vision of supporting next-generation industries.”
TGS has a long track record of serving customers in the plastic resin industry with a 6,000 railcar SIT capacity and four world-class packaging facilities that combine to handle about 5 billion pounds of plastic resin annually. TGS is an Operation Clean Sweep Blue member, and it utilizes advanced technology to eliminate resin loss in the environment.
John F. Littman, Executive Managing Director at Cushman & Wakefield, represented HUSA in the transaction.
A Strategic Hub to Grow Low-Carbon Fuels and Chemicals
The Cedar Port site offers HUSA multiple strategic advantages by placing its operations at the epicenter of the Gulf Coast energy corridor.
The industrial park has infrastructure engineered for heavy industry, including heavy-haul-rated roads, and Cedar Port Railroad interchanges more than 100,000 railcars annually with both Union Pacific and BNSF. The industrial park serves multiple industries, including petrochemical, retail distribution, refrigerated warehousing, steel and building materials, and the semiconductor and electric vehicles supply chains. For marine transport, the industrial park has access to two barge terminals on the Houston Ship Channel, providing flexibility for transporting feedstock and finished products.
The region boasts a large, skilled workforce with deep expertise in engineering, plant operations, safety and maintenance. This deep talent pool is a key strategic advantage as HUSA builds out its new facilities and scales its advanced pyrolysis operations.
About Houston American Energy Corp.
Houston American Energy Corp. (NYSE American: HUSA) is an independent energy company with a growing and diversified portfolio across both conventional and renewable sectors. Historically focused on the exploration and production of oil and natural gas, the Company is actively expanding into high-growth segments of the energy industry. In July 2025, HUSA acquired Abundia Global Impact Group, a technology-driven platform specializing in the conversion of waste plastics into low-carbon fuels and chemical feedstocks. This strategic acquisition reflects HUSA’s broader commitment to meeting global energy demands through a balanced mix of traditional and alternative energy solutions and positions the Company to capitalize on emerging opportunities in sustainable fuels and energy transition technologies.
About Trans Global Solutions
Trans Global Solutions (TGS) is a leading provider of transportation, logistics, and comprehensive heavy civil construction services. With diverse capabilities ranging from terminal development and third-party rail switching to engineering and new construction, TGS serves a wide array of industrial clients. The company’s services include track inspection and maintenance, locomotive leasing, and rail car storage, cleaning, and repair. TGS owns and operates the Cedar Port Industrial Park in Baytown, Texas, the largest master-planned rail-and-barge-served industrial park in the United States.
Cautionary Note Regarding Forward-Looking Information:
This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking information generally is accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Forward-looking information is based on management’s current expectations and beliefs and is subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Forward-looking information in this news release includes, but is not limited to, statements about the future growth of the Company in the low-carbon fuels and chemicals sector as well as plans for transportation of feedstock and drop-in fuels and chemical products. Actual results may differ materially from those indicated by these forward-looking statements as a result of a variety of factors, including, but not limited to: (i) risks and uncertainties impacting the Company’s business including, risks related to its current liquidity position and the need to obtain additional financing to support ongoing operations, the Company’s ability to continue as a going concern, the Company’s ability to maintain the listing of its common stock on NYSE American, the Company’s ability to predict its rate of growth, the Company’s ability to hire, retain and motivate employees, the effects of competition on the Company’s business, including price competition, technological, regulatory and legal developments, developments in the economy and financial markets, risks related to the Company’s ability to complete the development of the site at Cedar Port Industrial Park, and (ii) other risks as set forth from time to time in the Company’s filings with the U.S. Securities and Exchange Commission.
Readers are cautioned not to place undue reliance on these forward-looking statements. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are beyond the control of the Company.
With respect to the forward-looking information contained in this news release, the Company has made numerous assumptions. While the Company considers these assumptions to be reasonable, these assumptions are inherently subject to significant business, economic, competitive, market and social uncertainties and contingencies. Additionally, there are known and unknown risk factors which could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. A complete discussion of the risks and uncertainties facing the Company’s business is disclosed in our Annual Report on Form 10-K and other filings with the SEC on www.sec.gov.
All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.
For additional information, view the company’s website at www.houstonamerican.com or contact Houston American Energy Corp. at (713) 222-6966.
FAQ
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