TexAmericas Center, one of the largest mixed-use industrial parks in the United States, announced this week that COIM USA, a specialty chemical manufacturer and part of the global COIM Group, has acquired a 20-acre, rail-served property on its campus. The acquisition marks a strategic expansion of COIM USA’s manufacturing and distribution footprint in North America.
The newly acquired facility, formerly owned by Palmer International, includes a 25,000-square-foot building along with logistics and transload infrastructure critical to supporting COIM’s operations. The site will be home to a new line of renewable polyols derived from Cashew Nutshell Liquid (CNSL) — a plant-based, renewable raw material. This sustainable product line will complement COIM’s existing Isoexter series and enhance the company’s portfolio of environmentally friendly chemical products.
“This acquisition represents a significant milestone in COIM USA’s long-term growth strategy,” said Michelangelo Cavallo, President of COIM USA. “The TexAmericas Center location broadens our geographic reach, expands our sustainable portfolio, and enhances our ability to serve customers with greater speed, efficiency, and resiliency.”
Located in a region where Texas and Louisiana produce 80% of the nation’s petrochemical supply, TexAmericas Center positions COIM at the heart of a vital chemical manufacturing corridor. Texas alone exports more than $117 billion in chemical products annually.
COIM USA is also exploring a major regional expansion, with plans under consideration to add 100 million pounds of production capacity by the end of 2027. The Texarkana facility is among the top contenders for that investment.
TexAmericas Center officials welcomed the news as another step toward growing the region’s green industrial footprint.
“This investment is not only a win for COIM USA, but also another step forward for TexAmericas Center as a hub for green industries,” said Eric Voyles, Executive Vice President and Chief Economic Development Officer at TexAmericas Center. “Texarkana has a proud legacy as a manufacturing center, but we’re greener than you might think. Projects like this move us closer to becoming a recognized Eco-Industrial Park.”
Texarkana Region: A Chemical Industry Hub
The local chemical manufacturing sector continues to outpace national trends:
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$1 billion in GDP generated in 2022 – six times the national average
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1.1% annual job growth, outpacing the national average of 0.8%
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3,080 annual graduates from regional postsecondary programs related to chemical manufacturing
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53 chemical and energy-related companies within 75 miles, employing more than 32,000 people
TexAmericas Center, located just west of Texarkana, Texas, owns and operates over 12,000 development-ready acres and approximately 3.5 million square feet of industrial and commercial space. The park is consistently ranked among the top industrial parks in the nation and serves as a logistics hub for four states: Texas, Arkansas, Louisiana, and Oklahoma.
The site includes direct rail access via a 350-car rail yard with over 30 miles of rail infrastructure and is part of Union Pacific’s Focus Sites Program, one of only 32 in the U.S.
For more information on COIM USA’s expansion or opportunities at TexAmericas Center, visit www.TexAmericasCenter.com.
