BASF to significantly expand facility in Nanjing

• Publisher: Elsevier Science
• Year: 2008
• Weight: 51 KB
• Volume: 2008
• Category: Article
• ISSN: 1351-4210
• DOI: 10.1016/s1351-4210(08)70181-1

✦ Synopsis

Analysts opine that overall imports of vegetable oils for Nov 2007-Oct 2008 are likely to be about 5.8-6 M tonnes. Imports of the palm group of oils accounted for 88% of imports (77% in the oil year ended Oct 2007). Analysts opine that imports are likely to increase further. Business Line, 17 Apr 2008, 15 (107), 11 Vopak buys terminal in Malaysia Vopak plans to purchase Pasir Gudang, Malaysia-based Intercontinental Terminals, which is owned by Mitsui & Co and Tejana Trading Corp. The company aims to boost the terminal's capacity to meet the strong growth in the manufacturing and export of palm oil, related oleochemical products, biodiesel, and petrochemical products in Pasir Gudang. The terminal houses 17 tanks with an overall capacity of 20,600 cu m. Once the sale is completed, the facility will be named Vopak Terminal Pasir Gudang.