International-Matex Tank Terminals

What International-Matex Tank Terminals does

International-Matex Tank Terminals (IMTT) is the largest independent bulk liquids storage and logistics provider in North America, operating 11 marine terminals across the U.S. East, West, and Gulf Coasts, the Great Lakes, and Canada, with a combined storage capacity of 40 million barrels. Founded in 1939 and headquartered in New Orleans, IMTT serves leading refiners, chemical manufacturers and distributors, commodity traders, renewable fuels producers, food-grade oil handlers, and clean energy developers through a portfolio that includes chemicals, vegetable and tropical oils, renewable feedstocks, and crude and refined petroleum products. The company has 60 ship and barge berths handling over 11,000 vessel calls per year and moves 420 million barrels of product annually, with multi-modal access (ship, barge, rail, truck, and pipelines tied to Colonial, Buckeye, Harbor, and Kinder Morgan systems) at most sites.

The core operating platform comprises five integrated capabilities: bulk liquid storage, marine infrastructure, heating/blending/packaging services, in-house engineering/construction of liquid storage facilities, and electronic inventory management integrated with customer systems. Key certified assets include ISO 9001:2015, CDI-T chemical handling, FDA food facility, and GMP certifications, plus benzene fenceline monitoring at St. Rose. Revenue is generated through a combination of subscription-style storage fees (recurring by capacity reserved), usage-based marine and pipeline throughput charges, and transactional fees for value-added heating, blending, and packaging services, all under custom multi-year contracts with investment-grade counterparties.

IMTT is privately held by Riverstone Holdings since December 2020 ($2.685B acquisition from Macquarie Infrastructure Corporation), and is executing a Greener & Cleaner strategy committing over $1.7 billion to clean product infrastructure, targeting 60% of revenue from non-petroleum products by 2028. Recent strategic actions include multi-year renewable diesel, SAF, and blue ammonia storage partnerships (notably with Renewable Energy Group and Copenhagen Infrastructure Partners/St. Charles Clean Fuels), the launch of sustainability-linked credit facilities, and a portfolio rationalization program divesting inland terminals while expanding energy-transition infrastructure at coastal locations.

Name

International-Matex Tank Terminals

Legal name

International-Matex Tank Terminals LLC

Website

https://imtt.com

Company type

Private

Founded year

1939

Operating status

Operating

Headcount range

501–1,000 employees

Short description

IMTT is the largest independent bulk liquids storage and logistics provider in North America, operating 11 marine terminals with 40 million barrels of capacity across the U.S. and Canada, serving refiners, chemical manufacturers, commodity traders, and renewable fuels producers.

Ownership category

akta.pro rank

Product category

Bulk Liquid Storage and Logistics

NAICS

Petroleum Bulk Stations and Terminals (42471), Petroleum Bulk Stations and Terminals (424710), Pipeline Transportation of Refined Petroleum Products (486910), Pipeline Transportation of Crude Oil (4861), Port and Harbor Operations (48831)

SIC

Wholesale-Petroleum Bulk Stations & Terminals (5171), Pipe Lines (No Natural Gas) (4610), Public Warehousing & Storage (4220)

akta.pro primary industry

Marine Terminals & Port Storage (Jetties, Docking, Bunkering Interfaces) (EUALAEAG)

akta.pro secondary industries

Liquid Bulk Petroleum Terminals (Crude, Refined Products) (TLAHABAH), Liquid Bulk Chemical & Petrochemical Terminals (Base Chemicals, Solvents) (TLAHABAI), Bulk Terminal Services & Operations (Stevedoring, Sampling, Weighing, Blending) (TLAHABAO), Marine/Port-Connected Pipeline Terminals (Dock/Jetty Tank Farms) (TLAGAKAL)

Keywords

• Bulk liquid storage
• Marine terminal operations
• Liquid logistics services
• Petroleum storage terminals
• Chemical storage facilities

Headquarters

HQ city

New Orleans

HQ country

United States

HQ region

North America

Offices13 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Supply Chain, Personnel, Others

Revenue model

1. Bulk Liquid Storage Services: Storage fees charged for bulk liquid storage in tanks. Revenue based on storage capacity reserved and duration of storage. Customers include refiners, chemical manufacturers, commodity traders, and renewable fuels producers.
2. Marine Handling Services: Fees for ship and barge loading/unloading, berth usage, and marine logistics services at 11 marine terminals.
3. Heating, Blending and Value-Added Services: Charges for heating, blending, packaging services, intra-company rail service, and product transfer services.
4. Pipeline Transportation Services: Pipeline access and throughput fees connecting to major pipeline systems including Colonial, Buckeye, and Harbor Pipeline systems.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

IMTT owns and operates 11 bulk liquid storage terminal facilities across North America with 40 million barrels of total storage capacity, serving enterprise customers including refiners, chemical manufacturers, commodity traders, and renewable fuels producers. The company integrates five core capabilities: bulk liquid storage, marine infrastructure handling (60 ship and barge berths), heating/blending/packaging services, facility design and construction, and electronic inventory management. Terminals are strategically located along major waterways in the U.S. and Canada and are serviced by ship, barge, truck, rail, and pipeline connections to major distribution systems including Colonial, Buckeye, and Kinder Morgan networks.

Product overview

IMTT is the largest independent bulk liquids storage and logistics provider in North America, offering a unified platform of five core capabilities: Bulk Liquid Storage (40m barrels capacity), Marine Infrastructure Expertise (60 berths across 11 marine terminals), Heating/Blending/Packaging Services, Facility Design/Construction/Operation, and Bulk Liquid Inventory Management. The company operates 11 terminals across the U.S. and Canada, handling diverse products including chemicals, vegetable and tropical oils, renewable fuels, and crude and refined petroleum products. IMTT's services are designed to integrate seamlessly to support customer supply chains from storage through distribution.

Differentiator

Problem solved

Functional benefit

Products and services

• Bulk Liquid Storage

Quantifiable outcome

• 420 million barrels of product handled each year
• +4 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Louisiana Environmental Action Network (LEAN)coreStrategic or Co-development Partner · 19 September 2024Pioneering partnership to build a neighborhood-based air quality monitoring system in St. Rose, Louisiana. IMTT is the first Louisiana company and industry leader to join LEAN's Community Air Monitoring Network. IMTT is funding installation of four solar-powered air monitors in St. Rose to detect airborne compounds and identify emission sources. Partnership formalized in August 2024.
• St. Charles Clean Fuels (Copenhagen Infrastructure Partners / Sustainable Fuels Group)coreStrategic or Co-development Partner · 19 April 2023IMTT will lease land to SCCF at its St. Rose location and build storage tanks for liquefied ammonia before transportation via its existing terminal. SCCF is developing a $4.6 billion blue ammonia production facility. Production expected to begin in 2027 with 3 million tons annual capacity.
• Copenhagen Infrastructure PartnerscoreStrategic or Co-development Partner · 23 February 2023CIP acquired majority stake in blue ammonia project that will use IMTT for ammonia storage and handling services. Project located along Gulf Coast with 8,000 tons/day production capacity (~3.0 million tons annually). Expected to reduce CO2e emissions by 90% compared to traditional ammonia production.
• Renewable Energy Group (REG)coreStrategic or Co-development Partner · 25 August 2021Long-term contract for Geismar terminal expansion to support REG's nearby biorefinery expansion. Project includes construction of six new storage tanks, two pipelines, and dock infrastructure for renewable diesel and feedstocks. REG's Geismar facility expansion to 340 million gallons/year production capacity.
• Bayonne Police DepartmentminorGTM or Marketing Partner · 1 January 2021Public/private partnership to improve quality of life and expand public safety programs in Bayonne, NJ. IMTT supports police and fire departments in communities where it operates.

Scale indicators13 records

Recent moves11 records

Expansion highlights6 records

Broad incumbents

• Magellan Midstream Partners: Magellan Midstream operates refined petroleum products pipelines and terminal infrastructure across the central and southeastern U.S. Overlaps with IMTT's Chesapeake VA operations and refined products storage business.
• Kinder Morgan: Kinder Morgan is one of the largest energy infrastructure companies in North America, operating extensive pipeline networks (including SFPP which connects to IMTT's Richmond CA terminal) and bulk terminal assets. Broad incumbent with significant storage operations that overlap with IMTT's service offerings.
• Targa Resources: Targa Resources is a leading midstream operator with NGL and natural gas processing, pipeline, and terminal assets. While more focused on NGLs, it competes for similar capital from the same investor base and serves adjacent midstream customers.
• Energy Transfer: Energy Transfer is a major midstream operator with crude, NGL, and refined products pipeline and terminal assets. IMTT's COO Shaun Revere previously led business development crude oil at Energy Transfer, indicating direct industry overlap and competition for similar contracts.
• NuStar Energy: NuStar Energy operates pipeline and terminal facilities for crude oil, refined products, and specialty liquids across the U.S. Comparable as a midstream incumbent with similar terminal storage products serving refining and chemical customers.
• Buckeye Partners: Buckeye Partners is a major refined products pipeline and terminal operator in the U.S., serving as one of the pipeline systems IMTT connects to. Comparable as a broad incumbent providing refined petroleum storage and transportation services across similar geographies.

Direct peers

• Oiltanking (Mareterra/Carrix): Oiltanking is one of the largest independent operators of tank terminals for petroleum, chemicals, and gases worldwide, owned by Macquarie Asset Management. Directly competes with IMTT in bulk liquid storage with similar deepwater berth infrastructure and pipeline connectivity.
• Royal Vopak: Royal Vopak is the world's largest independent bulk liquids storage company, operating terminals globally with deepwater marine infrastructure. IMTT's former 1975-1999 partner (when it was Van Ommeren) and direct competitor in chemicals and petroleum storage, offering a useful public-market benchmark.
• Stolthaven Terminals: Stolthaven Terminals, part of Stolt-Nielsen, is a leading global provider of bulk liquid storage services for chemicals, clean petroleum products, and specialty liquids. Comparable to IMTT in serving chemical manufacturers and commodity traders with deepwater terminal infrastructure.

Emerging players

• GATX Corporation: GATX is a leading railcar lessor that also operates terminal services for bulk liquids storage. IMTT's COO Shaun Revere had prior roles at GATX Terminals, indicating direct industry overlap in bulk liquid storage with a more transportation-focused business model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about International-Matex Tank Terminals