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Displaying 1 - 20 of 176 stories.
February 20, 2015
Oiltanking (Hamburg) says that it has agreed to divest stakes of 45% in two of the company's tank storage terminals in northwest Europe, to 3i Infrastructure. The terminals are at...
http://www.chemweek.com/services/storage/Oiltanking-sells-minority-stakes-in-two-European-terminals-to-investment-firm_67971.html
February 13, 2015

Enterprise Products Partners says the $5.90-billion merger of subsidiary Enterprise Products with Oiltanking Partners has been completed. Oiltanking shareholders approved the move on 13 February.

...

http://www.chemweek.com/services/storage/Enterprise-Products-Oiltanking-Partners-complete-$5-9-billion-merger_67782.html
February 12, 2015
Odfjell reported a net loss of $18 million in the fourth quarter of 2014, an improvement on the $101-million net loss posted by the company in the corresponding period of 2013. Revenue...
http://www.chemweek.com/services/storage/Odfjells-net-loss-narrows-no-benefit-yet-from-lower-fuel-costs_67768.html
February 10, 2015
Kinder Morgan (Houston) today intends to buy three terminals and one undeveloped site from Vopak for $158.0 million. The assets comprise a 36-acre, 1.0-million bbl storage complex...
http://www.chemweek.com/services/storage/Kinder-Morgan-to-acquire-three-terminals-site-from-Vopak-for-$158-million_67674.html
February 3, 2015
Dow and RSA-Talke have signed a contract for the storage of petrochemical products that will be marketed by Dow from Sadara Chemical Co., a joint venture of Dow and Saudi Aramco in...
http://www.chemweek.com/services/storage/Dow-and-RSA-Talke-sign-contract-for-storage-of-Sadara-petchems_67470.html
January 29, 2015
Stolt-Nielsen says its fourth-quarter 2014 net profit attributable to shareholders plunged to $13 million from $35 million in the corresponding quarter of 2013, on revenue of $532...
http://www.chemweek.com/services/storage/Stolt-Nielsen-posts-fourth-quarter-profit-decline-lower-fuel-costs-to-boost-earnings-this-year_67320.html
January 22, 2015
AMEC Foster Wheeler (AFW) has been awarded a contract by the Oman Tank Terminal Co. for the front-end engineering design of the Ras Markaz crude oil park project in Oman. Located 70...
http://www.chemweek.com/services/storage/AMEC-Foster-Wheeler-awarded-oil-storage-terminal-contract-in-Oman_67078.html
January 20, 2015
The Port Authority of Antwerp, in a review of chemicals-related investments, says that LBC Tank Terminals (Mechelen, Belgium) has added storage capacity at the port, allowing bunker...
http://www.chemweek.com/services/storage/Port-of-Antwerp-updates-on-storage-production-projects_67001.html
January 20, 2015
Highfield Resources (Pamplona, Spain) has signed a memorandum of understanding (MOU) with the Port Authority of Bilbao, Spain. The MOU confirms the availability of 25,000 sq...
http://www.chemweek.com/services/storage/Highfield-Resources-signs-MOU-with-a-second-Spanish-port_66995.html
January 20, 2015
Highfield Resources (Pamplona, Spain) has signed a memorandum of understanding (MOU) with the port authority of Passaia/Pasajés, northern Spain, the company announced...
http://www.chemweek.com/services/storage/Australian-firm-signs-potash-export-MOU-with-port-authority-in-Spain_66290.html
December 19, 2014
Petronas, Dialog Group (Petaling Jaya, Malaysia), and Vopak have decided to develop and operate a tank terminal at Pengerang, Malaysia, that will serve Petronas's previously announced...
http://www.chemweek.com/services/storage/Vopak-Petronas-Dialog-to-partner-in-tank-storage-terminal-for-Rapid-complex-in-Malaysia_66363.html
December 18, 2014
The management of logistics service provider Vos Logistics (Oss, Netherlands) and Scheybeeck Investments (Beverwijk, Netherlands) have together completed the previously announced...
http://www.chemweek.com/services/storage/Management-completes-buyout-of-Vos-Logistics_66288.html
December 9, 2014
Jacob Stolt-Nielsen will retire from the board of Stolt Nielsen Ltd. (SNL) on 15 December, 55 years to the day since he founded the company. He will continue as honorary chairman of...
http://www.chemweek.com/services/storage/Stolt-Nielsen-founder-retires-from-companys-board_65990.html
December 5, 2014
Oiltanking (Hamburg) will have new joint leadership consisting of two managing directors, effective 1 January. Koen Verniers, currently president/Asia/Pacific, will be responsible for...
http://www.chemweek.com/services/storage/Oiltanking-appoints-new-leadership_65926.html
December 4, 2014
LBC Tank Terminals (Paris), the international bulk liquid storage company has announced the appointment of Walter Wattenbergh as its new CEO as of April 2015. Wattenbergh joins LBC...
http://www.chemweek.com/services/storage/Tank-storage-firm-appoints-Stolt-Nielsen-executive-as-CEO_65887.html
December 1, 2014
Borouge has established a new Asia regional warehouse in Singapore to support its global growth, the company announced today. “Our new Asia regional warehouse is designed to...
http://www.chemweek.com/services/storage/Borouge-establishes-additional-warehouse-in-Singapore-appoints-logistics-provider_65734.html
November 12, 2014
Enterprise Products Partners and Oiltanking Partners have concluded the agreement that will merge the two companies, under a $6-billion deal announced on 1 October. Each share in Oiltanking will be exchanged for 1.3 shares in Enterprise, a 10.4% premium based on closing prices on 10 November, says Enterprise. Enterprise expects the merger to be completed in early 2015....
http://www.chemweek.com/services/storage/Enterprise-Oiltanking-reach-merger-agreement_65320.html
November 12, 2014
Vopak posted third-quarter Ebitda excluding exceptional items of €202 million, up 9% from the corresponding period of last year, on revenue up 6%, to €338 million. Ebit...
http://www.chemweek.com/services/storage/Vopak-posts-higher-earnings-raises-outlook_65315.html
October 15, 2014
Kinder Morgan Energy Partners today reported third quarter net income of $976 million, an increase of 40% from the year-ago quarter.  “Growth was led by outstanding results...
http://www.chemweek.com/services/storage/Kinder-Morgan-earnings-gain-40-percent-on-increased-oil-NGL-production_64539.html
October 14, 2014
Belarusian Potash Co. (BPC; Minsk) has signed a contract with Rocha Terminais Portuários e Logística (Paranaguá, Brazil), covering potash storage and cargo...
http://www.chemweek.com/services/storage/Belarusian-Potash-signs-contract-for-storage-and-handling-at-Brazilian-port_64494.html
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