Vopak Adds Chemical Storage at Botlek
Dutch storage operator Vopak will expand capacity at its Botlek terminal in the Port of Rotterdam. The company will add 15 new stainless steel tanks with a total capacity of 63,000m3 for styrene and other chemical products. The extra storage is expected to be commissioned in the second quarter of 2020.
In February, the company announced an expansion at its joint-venture terminal in Tanjung Priok, Jakarta, Indonesia. PT Jakarta Tank Terminal is adding eight tanks with a combined capacity of 100,000m3 to store gasoline, ethanol and biodiesel, taking the facility's total capacity to more than 350,000m3. The expansion is expected to be commissioned in phases from Q1 to Q4 2019.
The project will also include a vapor recovery unit and additional (in-line) blending infrastructure that will facilitate customers’ compliance with Indonesia's biofuel blending mandate regulations.
Vopak said imports of fuel products, particularly gasoline, have been increasing rapidly in Indonesia and are expected to grow further, driven by the country's economic growth and expanding population. The company added that it expects demand for tank storage facilities to increase both with the expansion of gasoline distribution by existing players as well as with the market entry of new players.
As of Feb. 16, 2018, Vopak operated 66 terminals in 25 countries with a combined storage capacity of 35.9 million m3, with another 3.1 million m3 to be added before the end of 2019 in Brazil, Canada, Malaysia, Indonesia and Singapore.
