Stolt-Nielsen Limited to Acquire Bulk-Liquid Storage Terminal in Moerdijk, The Netherlands
(Thomson Reuters ONE) -
London, England - October 24, 2011 - Stolt-Nielsen Limited (Oslo Børs: SNI)
announced today that it has reached a provisional agreement to acquire a bulk-
liquid storage terminal in the Port of Moerdijk, The Netherlands, from Den
Hartogh Holdings B.V. The completion of the acquisition is subject to agreement
on final contract, and the transaction is expected to close on December
31(st), 2011.
The terminal consists of 30 stainless steel tanks with a total capacity of
17,720 cbm. The facility includes a drumming operation, three warehouses, a
jetty with a draft of 8.4 meters and a tank container storage depot. The
terminal is located on 10 hectares of land, approximately half of which is
currently in use.
Commenting on the acquisition, Mr. Walter E. Wattenbergh, President of
Stolthaven Terminals, said: "This terminal provides Stolthaven with valuable
stainless steel storage capacity in the Antwerp - Rotterdam - Amsterdam region,
and provides us with room for future expansion. The location of the terminal
fits well with the Company's inter-European coastal tanker and inland barging
services. In addition, the acquisition will provide Stolt Tank Containers with
a site for a new cleaning and repair depot."
Contacts:
Jan Chr. Engelhardtsen
Chief Financial Officer
U.K. +44 (0) 20 7611 8972
j.engelhardtsen(at)stolt.com
Jens F. Grüner-Hegge
VP Corporate Finance
U.K. +44 (0) 20 7611 8985
j.gruner-hegge(at)stolt.com
About Stolt-Nielsen Limited
Stolt-Nielsen Limited (SNL or the "Company") is a leading global provider of
integrated transportation solutions for bulk liquid chemicals, edible oils,
acids, and other specialty liquids through its three largest business divisions,
Stolt Tankers, Stolthaven Terminals and Stolt Tank Containers. Stolt Sea Farm
produces and markets high quality turbot, sole, sturgeon, and caviar. Stolt-
Nielsen Gas transports liquefied petroleum gas (LPG) with its fleet of very
large gas carriers (VLGCs). Stolt-Nielsen Limited is listed on the Oslo Stock
Exchange.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Stolt-Nielsen Limited via Thomson Reuters ONE
[HUG#1557201]
Unternehmensinformation / Kurzprofil:
Datum: 24.10.2011 - 10:31 Uhr
Sprache: Deutsch
News-ID 79130
Anzahl Zeichen: 3117
contact information:
Town:
London
Kategorie:
Business News
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"Stolt-Nielsen Limited to Acquire Bulk-Liquid Storage Terminal in Moerdijk, The Netherlands"
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