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    Vopak to spin off operation

    July 1, 2002
    Royal Vopak will spin off its European chemical distribution operation in a process that should be completed by the end of June 2002. The location and

    Royal Vopak will spin off its European chemical distribution operation in a process that should be completed by the end of June 2002. The location and new name for the chemical distribution operation will be announced at a later date. Vopak will continue to operate as a storage terminal and logistics company with global storage capacity of close to 24 million cubic liters.