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Vopak Acquires Chemicals Terminal in India

1:41 AM MDT | July 8, 2011 | Deepti Ramesh

Vopak says it has acquires all of the shares in CRL Terminals in the Port of Kandla, on the west coast of India, from a domestic operator. The terminal is one of India’s largest independent storage facilities for chemicals and vegetable oils and consists of two sites with a total capacity of 261,600 cu meters, Vopak says. Financial details of the deal were not disclosed. The Port of Kandla is one of the busiest ports of the country and the largest for chemicals and vegetable oil imports, and it has good logistic connections with the hinterland of northern...

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