to build a 325,000 cubic mtr chemicals storage terminal on
by mid-2010. The terminal is estimated to cost over $100m and is slated to be a
regional distribution hub for chemical products and feedstocks from the Middle
East, as well as for chemical products ex-
project, which is likely to be one of the last tankfarms allowed on the
petrochemicals island due to space restrictions, is to be undertaken by the
group’s Tankers & Terminals division and has already received approval from
the Economic Development Board, the company said in a recent statement.
pleased to have been chosen as the preferred chemical logistics service
provider, which opens the way for the construction of a new state-of-the-art
terminal to meet the growing needs for bulk-liquid storage of chemical
manufacturers and customers in South-east Asia”, said Stolt-Nielsen Asia-Pacific
managing director Andrew Pickering
is subject to a number of additional agreements with
to its own board approval.
