EPCA 2010


Budapest, Hungary

2 - 6 Oct 2010

www.epca.be

 

SABIC Signs Long Term Storage Agreement with Oiltanking Stolthaven Antwerp

From left to right: Frank Claus, Director Supply Chain Chemicals Europe; Saleh Al-Shabnan, General Manager SCM Chemicals, signing on behalf of the SABIC's Chemicals Business; Walter Wattenbergh, Stolthaven terminals; Daan Vos, Oiltanking ARA/Europe South. (Photo SABIC, PR007)>Sittard, the Netherlands – October 5, 2010 – At the annual meeting of the European Petrochemical Association (EPCA) in Budapest, SABIC, a global leader in the chemicals and plastics industries, yesterday signed a long-term contract with Oiltanking Stolthaven Antwerp NV for storage services. The agreement, which will go into effect in 2013, will ensure an uninterrupted supply of feedstocks to SABIC’s two major naptha cracking facilities in Geleen, The Netherlands. Oiltanking Stolthaven Antwerp, based in Belgium, will provide state-of-the-art storage with zero-emission tanks that exceeds Belgian environmental regulations, helping SABIC to ensure a sustainable supply chain. Next to that, a new jetty will be constructed facilitating insuring a very reliable service. This long-term partnership underscores SABIC’s strong commitment to its worldwide customers and service providers as well as to its production facilities at the Geleen site in the southern part of the Netherlands.