IHS Chemical Week

Regions :: Western Europe :: Belgium

Odfjell to Buy Stake in Antwerp Storage Terminal

10:11 AM MDT | September 2, 2011 | Ian Young

Chemical shipping and tank storage company Odfjell has agreed to buy a minority stake in the Noord Natie Terminal (NNT) tank storage terminal at Antwerp. Odfjell will buy a stake of greater than 25% in the NNT terminal through Odfjell Terminals Europe, a recently formed joint venture with private equity firm Lindsay Goldberg (New York). Terms of the acquisition were not disclosed. NNT generated sales of almost €23 million in 2010. NNT will use proceeds from sale of the stake to expand the Antwerp terminal's tank storage capacity by up to 112,000 cu meters...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa