Brief: Vopak's Thai Tank Terminal Signs Landmark 15-Year Ethane Storage, Handling Deal

Koninklijke Vopak NV

06/03/2025 07:04

March 6 (Reuters) - Koninklijke Vopak NV VOPA.AS:

ITS JOINT VENTURE THAI TANK TERMINAL AND PTT GLOBAL CHEMICAL SIGN LANDMARK 15-YEAR ETHANE STORAGE AND HANDLING AGREEMENT

THAI TANK TERMINAL WILL CONSTRUCT A NEW 160,000 CUBIC METRES TANK INFRASTRUCTURE

INVESTMENT EXPECTED TO BE COMPLETED IN 2029

PLANS TO ALLOCATE APPROXIMATELY EUR 130 MILLION OVER NEXT FOUR YEARS RELATED TO STORAGE AND OTHER INFRASTRUCTURE IN MAP TA PHUT REGION

Source text: ID:nGNEfDRtD

Further company coverage: VOPA.AS

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))