Oiltanking Daya Bay commissions capacity
Feb 2, 2011 11:27 AM
Oiltanking Daya Bay successfully commissioned its newly added Phase 2 expansion storage capacity and received its first vessel at its public jetty in Daya Bay, China.
Oiltanking Daya Bay, a wholly owned company of Oiltanking GmbH, added a total of 18 new carbon steel and stainless steel product tanks with a total capacity of 59,600 cbm.
With this latest addition, the total capacity for chemical products at Oiltanking Daya Bay will be 80,150 cbm supported by a total of two vessel berths. This expansion further strengthens Oiltanking’s position for the Daya Bay Petrochemical Industrial Park.
Huizhou Daya Bay Oiltanking Petrochemical Public Jetty Company Ltd (OTPPJ) invested RMB 120 million by adding two berths with 5,000 dwt each at its waterfront.
OTPPJ successfully loaded its very first vessel, M T Jian Xing 32, with 1,500 metric tons of methyl methacrylate (MMA) cargo bound for East China.
OTPPJ is a joint venture company between the local government represented by Huizhou Daya Bay Petrochemical Industrial Park Development Group Co Ltd (75%) and Oiltanking GmbH (25%) since 2007.
Oiltanking is a subsidiary of Marquard & Bahls AG, Germany, a privately owned petroleum company.
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