Nov 26, 2007

New joint venture to construct Antwerp terminal

Rubis, Intercontinental Terminals Company and Mitsui have announced a joint venture to construct a new bulk liquid chemical terminal in the port of Antwerp, Belgium.

The new 110,000 cbm terminal will be built for the storage and handling of liquid chemicals, gases and petroleum products.

France-based terminal operator Rubis will own 50% of the shares in the joint venture with Mitsui & Co., Europe (Mitsu) a comprehensive trading, investment and service enterprise, and Intercontinental Terminals Company (ITC), which will jointly acquire a 50% share. The company will be renamed ITC Rubis Terminal Antwerp S.A.

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