Vopak completes divestment of terminal in Algeciras
Published by Jessica Casey,
Editor
Hydrocarbon Engineering,
Royal Vopak has recently completed the previously announced divestment of its oil terminal in Algeciras to First State Investments.
This divestment is the finalisation of the sale of three terminals (Amsterdam, the Netherlands; Hamburg, Germany, and Algeciras, Spain) to First State Investments.
On 12 February 2020, Vopak will publish its 2019 full-year results, including the financial results of the divestment which are in line with the previous announcements made in 2019.
Read the article online at: https://www.hydrocarbonengineering.com/tanks-terminals/31012020/vopak-completes-divestment-of-terminal-in-algeciras/
You might also like
Hydrocarbon Engineering Podcast
Susan Bell, Senior Vice President within Commodity Markets – Oil, Rystad Energy, discusses the impact of trade wars on global oil demand and oil prices, in light of President Trump’s ‘Liberation Day’ tariffs.
VERSO ENERGY and GROUPE ADP partner to develop SAF
VERSO ENERGY and GROUPE ADP have signed a strategic partnership to develop the SAF sector on French, European, and international airport platforms.