Dutch multinational storage operator Vopak has agreed to sell its terminal in Savannah, Georgia, USA, to BWC Terminals, a US bulk liquids storage company, for $106 million The Savannah facility mostly stores specialty chemicals, vegetable oils and asphalt.
Vopak and Hydrogenious LOHC Technologies are forming a joint venture company to accelerate the development of an international hydrogen market. The 50:50 venture, LOHC Logistix, will be based in Germany, supporting both partners’ efforts to supply green hydrogen.
Dutch storage operator Vopak and Malaysian energy company Petronas have signed a Memorandum of Understanding (MoU) to develop carbon capture and storage (CCS) in Southeast Asia.
Vopak Singapore is considering expanding its ammonia infrastructure in response to growing demand for sustainable energy. The expansion at its Banyan terminal would include full import and export capabilities for low-carbon power generation and bunker fuels.
Multinational tank storage operator Vopak will invest a total of €2 billion to expand its new energies, sustainable feedstocks, and industrial and gas terminals portfolio by 2030. The company also intends to improve the performance of its portfolio, targeting an operating cash return of at least 10% by 2025.
Tank terminal operator Vopak and energy infrastructure company Gasunie have agreed to jointly develop projects to facilitate the import of hydrogen into Northwest Europe via Dutch and German ports.
Dutch multinational storage operator Vopak is exploring strategic options for its terminals in Australia, which it said may or may not result in a sale. The review is part of its strategy to strengthen its leading hub positions and allocate the majority of investments toward industrial, chemicals, gas and new energies infrastructures.
Dutch multinational terminal operator Vopak is linking up with Aegis in India to expand in the chemicals and liquified petroleum gas (LPG) storage and handling business.
Dutch multinational storage operator Vopak has won a contract from China’s Huizhou QuanMei Petrochemical Terminal to build and operate a terminal as part of ExxonMobil’s proposed chemical complex at Huizhou.
Dutch storage operator Vopak and Indonesian petrochemical group Chandra Asri are looking to collaborate on establishing new terminal facilities to help support Indonesia’s industrial infrastructure.
