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The terminal occupies 9.4 hectares and consists of 195 tanks with a total capacity of 134,000 cbm and a jetty with a draft of 9.3 meters. In addition to bulk-liquid storage, services include warehousing, drumming and bulk container filling, laboratory services, blending, dilution and product heating. The facility has immediate access to the UK's national highway system. Commenting on the acquisition, Mr. Walter E. Wattenbergh, President of Stolthaven Terminals, said: "This terminal-our first in the UK-joins Stolthaven's growing global network of bulk-liquid storage facilities. The Dagenham terminal gives us a foothold in the UK market and will provide added support to the Stolt Tankers' inter-European coastal fleet. Our initial plans include an immediate upgrade program, with the decommissioning of several old tanks and the construction of new tanks." About Stolt-Nielsen Limited Stolt-Nielsen Limited (SNL or the "Company") is a leading global provider of integrated transportation solutions for bulk liquid chemicals, edible oils, acids, and other specialty liquids through its three largest business divisions, Stolt Tankers, Stolthaven Terminals and Stolt Tank Containers. Stolt Sea Farm produces and markets high quality turbot, sole, sturgeon, and caviar. Stolt-Nielsen Gas, through its investment in Avance Gas Holdings Ltd., transports liquefied petroleum gas (LPG) with a fleet of very large gas carriers (VLGCs). Stolt-Nielsen Limited is listed on the Oslo Stock Exchange. Stolt-Nielsen S.A. press release |