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Oiltanking Starts Operations at Chemical Terminal in China

1:06 AM MDT | April 27, 2009 | Deepti Ramesh

Oiltanking Nanjing says it has started operating its new terminal at the Nanjing Chemical Industry Park (NCIP) in China. Oiltanking Nanjing is a joint venture between Oiltanking (Hamburg, Germany), the NCIP administration, and the Port Authority of Nanjing. The first methanol import vessel arrived at the terminal earlier this week, Oiltanking says. The terminal can serve the plants at NCIP, the lower Yangtze River market, and also provide trans-shipment capabilities for business upstream the river. The terminal infrastructure consists of 21 tanks with a total...

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