Storage demand gives Vopak profits boost

November 2006
ICIS Chemical Business;11/13/2006, Vol. 1 Issue 43, p27
Trade Publication
The article reports on the increase in profits of tank terminal firm Vopak in the third quarter of 2006. Vopak chairman John Paul Broeders anticipates the continued increase in global demand for storage capacity. Tanks are being installed at the firm's terminal in Rotterdam, Netherlands for biofuels and other products. Capacity for chemicals and biofuels is being expanded at Banyan in Singapore.


Related Articles

  • Vopak Expands Capacity, Boosted by Emerging Markets. Young, Ian // Chemical Week;6/8/2009, Vol. 171 Issue 16, p32 

    The article reports on the impact of the global economic downturn on Vopak and the European chemical tank storage industry as a whole. But while throughput at tank terminals has declined as a result of falling demand, business in emerging markets continue to grow and additional opportunities are...

  • business & finance news.  // Chemical Week;6/15/2005, Vol. 167 Issue 20, p14 

    Presents news briefs on the chemical industry as of June 15, 2005. Purchase of paints and varnishes producer Dufa Romania by private equity capital company Advent International; Appointment of John Paul Broeders as chairman of Vopak.

  • Tank Storage Firms Bulk Up. D'Amico, Esther // Chemical Week;5/30/2007, Vol. 169 Issue 19, p31 

    The article reports on the strong demand for chemicals in Asia and the Middle East. Europe and North America are importing much of that production, which has increased the need for bulk storage firms to take delivery of these products. In Asia, Vopak recently announced plans to increase its...

  • People on the move. Webb, Joanne // European Chemical News;12/22/2003, Vol. 79 Issue 2081, p24 

    Presents updates on executives in the chemical industry in Europe as of January 11, 2004. Appointment of John Paul Broeders at Vopak; Selection of David Loughman at Shell Chemicals; Resignation of Robert Wood at Dow Chemical.

  • Odfjell feels the heat.  // European Chemical News;2/16/2004, Vol. 80 Issue 2087, p15 

    Presents news briefs on the chemical industry in Norway as of February 22, 2004. Increase in consolidated net profit of Norwegian chemical shipping firm Odfjell; Decline in operating profit of Vopak in 2003.

  • Storage demands lift Vopak's profits. Burridge, Elaine // ICIS Chemical Business;3/19/2007, Vol. 2 Issue 58, p44 

    The article reports on an increase in the operating profit of Netherlands-based chemical storage operator Vopak in 2006. High demand for storage boosted the company's operating profit by 27 percent in 2006. The storage operator said that it expects operating profits to be at least 10 percent...

  • Vopak to Build China Oil Storage Tanks.  // China Chemical Reporter;7/26/2008, Vol. 19 Issue 21, p14 

    The article reports on the business plans of State Development & Investment Communication Corp. and Royal Vopak NV, a Dutch oil and chemical logistics firm. The companies plans to build a 7 billion renminbi commercial oil storage facility in Hainan Sheng, China. This project will include oil...

  • Vopak profits slide.  // European Chemical News;3/31/2003, Vol. 78 Issue 2046, p18 

    Reports on the decline of Vopak's full year pre-tax profits for the year 2002. Reason for the decline; Information on the operating profits of the company; Statement from the company's chairman.

  • Pipe rupture was to blame. Whitfield, Mark // European Chemical News;7/07/2003, Vol. 79 Issue 2060, p16 

    Claims that the collapse of a storage tank at Vopak's Botlek terminal in the Netherlands was due to a ruptured steam pipe in the tank on January 16, 2003. Cause of the pipe rupture; Events that led to the incident; Action taken by Vopak.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics