Vopak to invest further 1 billion euros in industrial and gas terminals by 2030

Koninklijke Vopak NV

13/03/2025 06:20

March 13 (Reuters) - Dutch tank storage company Vopak VOPA.AS on Thursday doubled the investment target for growing its gas and industrial footprint by committing another 1 billion euros ($1.1 billion) into it through 2030.

Vopak, which provides storage and handling services to its key energy and manufacturing end markets, said the growth strategy was supported by the positive outlook and market demand for infrastructure.

($1 = 0.9192 euros)

 (Reporting by Anna Peverieri and Alban Kacher in Gdansk; editing by Milla Nissi)

 ((alban.kacher@thomsonreuters.com; +48 58 769 65 87;))