Vopak Terminal Vlissingen to expand storage capacity

Rotterdam, the Netherlands, 23 April 2013

Royal Vopak has decided to expand its terminal in the port of Vlissingen (the Netherlands) with 36.800 cbm. There is a growing interest and market commitment for additional pressurized storage capacity at Vopak Terminal Vlissingen. With this expansion the terminal can continue to be the leading LPG and chemical gases hub of Northwest Europe.

Growing LPG supply is expected, resulting from additional supply from oil and gas production and the ban on flaring. The increase of chemical gas storage demand is driven by production expansion in Europe and an expected global imbalance of certain chemical gases. Vopak Terminal Vlissingen is well positioned to capture these additional flows for our customers.

As a terminal for storage and handling of Liquefied Petroleum Gas (LPG) and chemical gases, Vopak Terminal Vlissingen is conveniently located in deep water with good hinterland connections by water, rail and road. The terminal has a current storage capacity of 131,400 cbm.

The expansion will consist of 6 mounded bullet type tanks: Three of 7,650 cbm and three of 4,600 cbm with associated pipelines and racks to rail loading stations and jetty 1, with potential to further expand in later stages. The additional storage capacity is expected to be commissioned in the fourth quarter of 2014.

Royal Vopak is the world's largest independent liquid bulk tank storage service provider by capacity, specialized in the storage and handling of liquid chemicals, gasses and oil products. The company operates 85 terminals with a combined storage capacity of more than 30 million cubic meters in 31 countries. The terminals are strategically located for users along the major shipping routes. The majority of its customers are companies operating in the chemical and oil industries, for which Vopak stores a large variety of products destined for a wide range of industries.

Vopak press release