Wed 2 Jun 2010 09:34

VTTI announces Rotterdam expansion


Dutch firm acquires adjoining land and facilities in Rotterdam.



Vitol Tank Terminals International (VTTI) has announced that it has acquired additional, adjoining land and facilities at its Rotterdam Europoort terminal, Euro Tank Terminal BV, in the Netherlands.

The purchase from EVET BV, an affiliated company of De Rijke Group, gives the Rotterdam terminal access to rail and truck loading facilities, more land, the capability to store low flash products, as well as barge jetties and warehouse capacity.

Commenting on the acquisition, Rob Nijst, CEO of VTTI, said “When we announced last week our new partnership with MISC of Malaysia, we described it as allowing us to grow our terminal business even faster, in key trading locations. There is no better example of this growth than the plans that we have at Rotterdam, a key part of which is this acquisition today.

"Our ambition is to grow the Rotterdam terminal to over 1 million cubic metres of storage, with state of the art facilities, that provide customers with what they want, to the highest safety and environmental standards."

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