December 18 2019

Caldic sells Facilities in Rotterdam’s Europoort

Divestment of Dutch Tank Storage and Production Unit

International producer and distributor of food ingredients and chemicals, Caldic B.V. (Rotterdam, The Netherlands) has announced the divestment of its Dutch Tank Storage and Production Facilities to First State Investment (Sydney, Australia and London, United Kingdom), a manager of infrastructure investments with more than EUR 8.0 bn of unlisted infrastructure capital under management, amongst others the EVOS Terminals in Amsterdam and Hamburg.

The spun-off unit, Caldic Chemie Europoort, is located in the heart of Rotterdam harbour. Besides tank storage facilities, mostly for Methanol and Bio-Ethanol, the company produces Formaldehyde and its derivatives Paraformaldehyde and Hexamethylenetetramine. After a significant expansion in 2010, the storage capacity amounts to 174’000 m3, Caldic said in the statement.

No financial details were disclosed on this transaction.

Source: Caldic press release

HGE – DCG / 18.12.2019

 

«
More ...

Mastering the art
of distribution

publications_sidebar

Further publications

Receive latest publications & update

    By subscribing you agree to receive our promotional marketing materials and agree with our Privacy Policy. You may unsubscribe at any time.

Please let us contact you:

I consent to having DistriConsult store my submitted information so they can respond to my inquiry.