Vopak boosts capacity in Singapore

Burridge, Elaine
April 2007
ICIS Chemical Business;4/30/2007, Vol. 2 Issue 64, p31
Trade Publication
The article reports on the plan of Vopak to raise storage capacity again in Singapore in 2008. The Dutch company has also sold its 41.67 percent stake in VOTG Tanktainer to partner VTG as it focuses on tank storage. The sale will give Vopak a book profit of about €6.5 million in the second quarter of 2007. Work has already started to expand the Banyan terminal by 320,000 cubic metres in response to growing demand for gasoline storage.


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