Owned by Odfjell SE, the former brown field area on the banks of the Cooper River will serve as a distribution terminal to the bulk liquid chemical, vegetable and petroleum industries in the Southeast, officials said.

The terminal, also known as OTC, has one deep draft ship dock and is accessible by rail and road. Odfjell owns and operates tanker ships and ports around the world.

The afternoon’s grand opening will be attended by company President David A. Ellis, along with Executive Chairman Laurence W. Odfjell and city, county and state officials.