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January 11, 2012
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- Odfjell will realize a harbor terminal for liquid bulk to Tianjin
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- Joint venture with the Nangang Port Company, branch of the Tianjin Economic - Development Technology Area
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The shipowning society and logistic Odfjell Norwegian, through the branch Odfjell Terminals Asia, has signed a joint venture agreement of with the Nangang Port Company, branch of the Tianjin Economic - Development Technology Area (TEDA), in order to realize a terminal for bulk liquid chemistries, producing oil and to gas in the Nangang Industrial Zones of Tianjin.-
- The new society will be called Odjell Terminals Nangang (Tianjin) and will be participated with 49% from Odfjell. The initial total investment will pile to approximately 160 million dollars.
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- The first phase of the plan, that it will be completed in according to trimester of 2014, previews the construction of three docks and tanks for a storage capability pairs to approximately 150.000 cubic meters.
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- In the 2009 Odfjell and TEDA they had signed a letter of attempts with the objective to cooperate to the planning in harbor matter, logistic and railway and to the formation of the staff.

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