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Sabic Signs Feedstock Storage Agreement with Oiltanking Stolthaven

6:43 AM MDT | October 5, 2010 | Natasha Alperowicz

Sabic says it has signed a long-term agreement with Oiltanking Stolthaven Antwerp covering storage services. The contract, signed yesterday at the European Petrochemical Association meeting in Budapest, will go into effect in 2013. It will ensure an uninterrupted supply of feedstocks to Sabic's two main naphtha cracking plants at Geleen, the Netherlands. Oiltanking Stolthaven will provide storage with zero-emission tanks, helping Sabic to ensure a sustainable supply chain, Sabic says. A new jetty will be built ensuring a reliable service. "This strategic...

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