Vopak has announced that it is investigating the strategic options for its terminals in Australia.
In a statement, Vopak confirmed that this may include continued operations or divestment.
As the outcome of this process is currently unknown, no further details have been disclosed.
Vopak has a strategy in which the majority of its growth investments will be allocated towards industrial, chemicals, gas and new energies infrastructures. New growth investments in oil infrastructure are expected to be reduced and will mostly be targeted towards strengthening our leading hub positions.
Read the article online at: https://www.hydrocarbonengineering.com/tanks-terminals/03112021/vopak-investigates-options-for-terminals-in-australia/