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Oiltanking acquires

6:11 AM MDT | March 29, 2013

Oiltanking Grindrod Calulo (Durban, South Africa), an Oiltanking (Hamburg) subsidiary, has agreed to acquire the business of Grindrod Tank Terminals, a division of Grindrod (Durban). The acquired business has a key role in the import and redistribution of molasses and vegetable oils. The company has also secured licenses to store and handle high-flashpoint products,including glycols and caustic soda, as well as vegetable and base oils, Oiltanking...

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