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Vopak provides update on market and strategic developments

07 December 2012 01:00

Today, Vopak will host the 2012 Capital Markets Day in Rotterdam, the Netherlands.

During the Capital Markets Day, members of the Executive Board and other senior executives will update the financial community on selected topics regarding strategic developments and the relevant dynamics of the international oil, gas, biofuels, vegoil and chemical markets in which Vopak operates. Vopak is well positioned to further build on the global trends in the energy and chemical sector, whilst continuing to monitor the business consequences resulting from the economic turbulence.

All projects currently under construction (including Thames Oilport) will add 4.9 million cbm of storage capacity to our existing storage capacity of nearly 30 million cbm in the years up to and including 2015. Based on the current projects under construction and the potential opportunities for further expansion of Vopak’s network of terminals, it is our ambition to realize an EBITDA of

EUR 1 billion in 2016. In this landmark year, we will celebrate our history of 400 years of entrepreneurship. In order to achieve this ambition, the approval and successful execution of additional profitable expansion projects are required.

In addition to the presentations a visit to Gate terminal - the first import terminal for liquefied natural gas (LNG) in the Netherlands - will be organized. All Vopak Capital Markets Day presentations will be available on Vopak’s website (www.vopak.com) at approximately 7.00 a.m. (CET) on 7 December 2012.

Profile Vopak

Royal Vopak is the world's largest independent tank storage service provider, specializing in the storage and handling of bulk liquid chemicals, gasses and oil products. Vopak operates 84 terminals with a storage capacity of nearly 30 million cbm in 31 countries. These terminals are strategically located for users along 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.

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