Independent journal on economy and transport policy
12:10 GMT+2
This page has been automatically translated by Original news
Vopak will acquire 30% of an industrial terminal for producing petrochemical in Southeastern China
Has a storage capability pairs to 890 thousand cubic metres
March 11, 2014
Royal Vopak, the Dutch terminalista group that is world leader in the field of liquid bulk storage operating 77 terminals with a total ability to beyond 30 million cubic metres, has signed an agreement with the Chinese Xianglu Petrochemical (Zhangzhou) Co. in order to buy 30% of the capital stock of the Zhangzhou Gulei Haiteng Jetty Investment Management Co. (Haiteng), society that last year possesses a realized industrial terminal in the Gulei Industrial Park in the province of Fujian, in Southeastern China, that it has a storage capability of producing to petrochemical pairs to 890 thousand cubic metres. The Chinese terminal of Haiteng has undersigned contracted in the long term in order to serve two petrochemical industries to which it is connected through oil pipe-line.
Second the forecasts, the agreement will be finalized within this year.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher