IHS Chemical Week

LyondellBasell and Oiltanking Stolhaven sign storage deal

11:51 AM MDT | October 4, 2013

Lyondell Chemie Nederland, a subsidiary of LyondellBasell, and Oiltanking Stolthaven Antwerp have signed a 10-year agreement for the storage and handling of glacial acetic acid (GAA) and vinyl acetate monomer (VAM) in Antwerp. As part of the agreement, Oiltanking Stolthaven will invest in new stainless steel storage capacity and rail loading infrastructure at Antwerp. "GAA and VAM are industrial chemicals that are in high demand. Europe has an increased need for these imports. This agreement allows us to solidify our commitment to the European acetyls market and...

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