03 December 2009 01:00

The Netherlands, Rotterdam, 3 December 2009

Royal Vopak announces that the management of its Dutch chemicals terminals has informed its employees about the intention to restructure certain activities in the Netherlands. A plan is currently being developed to further improve safety and to increase efficiency and the overall service level through significant investments in the Dutch chemicals terminals. The foreseen investments will lead to a reduction of several tens of jobs at the Dutch chemicals terminals organization for which the management sees opportunities to prevent forced redundancies. Owing to uncertainties in the Dutch chemicals market the intended investments and the restructuring resulting from it are deemed necessary to bring the Dutch chemicals terminals to a structurally better competitive position. The works councils and labor unions have also been informed and will be involved in the further process.

Profile Royal Vopak

Royal Vopak is the world’s largest independent tank terminal operator specializing in the storage and handling of liquid and gaseous chemical and oil products. On request, Vopak can provide complementary logistics services for customers at its terminals. Vopak operates 79 terminals with a storage capacity of 27.7 million cbm in 31 countries. The terminals are strategically located for users and the major shipping routes. The majority of its customers are companies operating in the chemical and oil industries, for which Vopak stores a large variety of products destined for a wide range of industries.